Example: what happens when a car sells
2022 Aston Martin DBX AWD
Price
$112,000
Buyer fee
$4,368
Tax, ON est.
$14,560
All in
$130,928
Buyer
The buyer's steps
- The buyer winsAt $112,000, Sep 12. Buyer and seller get each other's name and number.
- Buyer fee charged$4,368 (3.9% launch rate) on the buyer's card, charged when the auction ended and before contact details were shared.
- 3Pick it up by Sat, Sep 19 and pay the sellerNext upThe car is in Milton, ON. Pay the seller $112,000 at pickup, by bank draft or wire. CarStruck never holds the car money. If there's a loan on the car, pay the lender what's owed against their payout letter, and the rest to the seller.Confirm the seller's bank details by phone before you send anything. Sale BL-080-BUYER.
- 4Or get it deliveredPay the seller before delivery. The driver scans the VIN and photographs the car at handover, and you have 48 hours after delivery to raise a problem with the seller.
- 5Paperwork at handoverA bill of sale you both sign, a copy of the inspection report, the signed vehicle portion of the ownership, the UVIP and the Ontario safety certificate.
- 6Register and plate itInsure it first, then register it at ServiceOntario within 6 days. You pay about $14,560 in tax (13% RST, estimated).
Seller
northyorkdriver's steps
- Inspection and photosDone before the auction by our independent inspection partner. The buyer gets a copy of the report with the paperwork.
- Your car soldTo mapleleaf_driver for $112,000, Sep 12. Selling on CarStruck is free, so the whole price is yours.
- 3The buyer pays you at pickupNext upBy Sat, Sep 19, by bank draft or wire. Don't hand over the car or keys until the money has cleared. With delivery, the buyer pays before the car leaves.
- 4Get the paperwork readySign the vehicle portion of your ownership. Have the UVIP, the safety certificate you promised, the service records and every key ready. Still paying a loan? Get a payout letter from your lender; the buyer pays them what's owed and you the rest.
- 5HandoverThe buyer or their carrier picks the car up. You both confirm it in CarStruck. Keep your plates, they stay with you.
- 6Wrap upCancel the insurance once the car is gone.
If the buyer doesn't pay
They lose the $4,368 buyer fee and their account. The second-highest bidder is offered the car at their own top bid and has 24 hours to accept; otherwise the seller relists for free.
If the seller backs out
They pay the buyer fee, worked out on the high bid (or the reserve or our estimate, if higher), plus the inspection and photo cost.
Paperwork and tax steps are our reading of Ontario's rules for a private sale, to confirm with a lawyer before launch.