Taxes and Fees on Used Car Purchases in Saskatchewan

Buying a used vehicle in Saskatchewan involves several mandatory costs:

1. Provincial Sales Tax (PST) – 6%

Applied to the purchase price (private sale: fair market value per SGI's Red Book).

2. Vehicle Purchase Tax (VPT)

  • Vehicles ≤10 years old: 5% of purchase price.
  • Vehicles >10 years old: 2.5% of purchase price.
  • One-time, paid at registration.

3. Registration & Licence Fees (SGI)

  • Registration: $41.75
  • Licence plate: $53.75
  • Total: $95.50 (standard passenger vehicle).

4. Insurance (Mandatory)

Saskatchewan Government Insurance (SGI) basic plate coverage included in licence; optional extended coverage extra. Cost varies by vehicle, driver, coverage.

Potential Additional Costs

  • Dealer documentation/administration fees (if buying from dealer).
  • Out-of-province transport/freight.
  • Safety inspection (if required): ~$75–100.
  • Lien search/registration (if financing).

Budget Example

$15,000 used car (5 yrs old): PST $900 + VPT $750 + Reg $95.50 = $1,745.50 + insurance.

Always confirm current rates with Saskatchewan Government Insurance (SGI).

Copyright Wanderlust World © https://www.ynyoo.com