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      02-27-2015, 02:08 PM   #4

Drives: 12' F10 M5 singapore grey
Join Date: Sep 2014
Location: GTA

iTrader: (3)

No, OP is asking for 61k, not 54k plus HST because we don't pay tax to the owner on Resales. We pay tax when we register the car on person to person sales. Which makes his asking price enormously overpriced is what I'm saying. If its 66k then let's use average depreciation of 20% after a year (reasonable since he drove it 20k). This would have us down to somewhere around 53k. This car might be sold at a dealer for 61k but for a private sale its way over priced. A good way to do a private sale is tack on 5% on what a dealer would offer you on a trade in to be competitive. Theres no way its moving for this price. It'll just sit in his garage for a year and further depreciate.