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You sign an affidavit, or you pay tax on the book value. A private sale carries retail sales tax at 15%, which Motor Registration collects when you register or transfer the car. If the price is at or above the Red Book average wholesale value, the tax is on the price. If it is below, you and the seller file an affidavit, or the tax is charged on the Red Book value.
| Buying in Newfoundland and Labrador | Tax |
|---|---|
| From a dealer | 15% HST |
| Privately, price at or above Red Book value | 15% on the price |
| Privately, price below Red Book value | 15% on the price with an affidavit, or on the Red Book value |
A car worth $1,200 or less wholesale is taxed on the bill of sale.
15% HST, the same total. A private seller offers no dealer warranty, so the history report and the lien search are yours to run.
Two in our network, from $7,500 to $200,000. Rates start at 6.93%, and both pay out within two days. One considers poor credit, and one sets no minimum score. Income minimums run from $1,500 to $1,800 a month. Our application reaches both at once.
Every car lender we work with is on the car loans in Canada page.
Reviewed by Rafael Rositsan, Co-Founder and CEO, Smarter Loans, 6 October 2026. Lender terms checked August 2026.
15% either way. A dealer charges 15% HST, and a private sale carries 15% retail sales tax.
You and the seller file an affidavit, or Motor Registration charges the tax on the Red Book value.
Yes. A car worth $1,200 or less wholesale is taxed on the bill of sale.
Two lenders in our network do, from $7,500 to $200,000, and both pay out within two days.
Yes. One of the two lenders considers poor credit, and the other sets no minimum score.
