Ontario UVIP Used Vehicle Information Package
Sell a Car Ontario: UVIP stands for Used Vehicle Information Package. UVIP is an obligatory document when you sell a car in Ontario.
No going around it, you will pay $20 for Used Vehicle Information Package when selling your car in Ontario. UVIP will be used as “bill of sale” to complete sale of your car.
UVIP can be purchased at any Ontario Ministry of Transportation location. Purchasing Ontario UVIP before you list your car for sale will help to sell a car easier. UVIP has general information regarding the vehicle, current/previous owners and past history of a car.
1. Page One: Sell a Car/UVIP Ontario
Section One of Ontario UVIP has information of vehicle (Vin#, Year, Manufacturer, Type, Fuel, Color) and wholesale price. Circled in red are important parts: Branding and Wholesale Vehicle Price.
Vehicle Title Branding
Vehicle branding should indicate “None” for clean title vehicles. If it says “Rebuilt” vehicle has been involved in a previous severe accident. It has been considered ”write off” by an insurance company and latter on put back on the road after it was rebuild by a body-shop or repair facility. Buying a Rebuilt car has its own advantages and disadvantages.
The only advantage is price. Rebuilt vehicles are prices anywhere between 30% to 50% cheaper than regular market. Disadvantages are quite a few, with most important being general mechanical and body condition. It is often uncertain if repairs were done professionally, if repair facility cut corners to save on costs, used cheap aftermarket parts, if vehicle frame sustained extensive damage, etc.
Also if you buy a Rebuilt vehicle you should be prepared to drive it a long time. Rebuilt vehicle are every hard to sell as people generally do not want to take a chance purchasing one. As we already said, resale price will also be substantially lower than market value.
Details about “Rebuilt” title.
UVIP Wholesale Price Ontario
Price listed on Ontario Used Vehicle Information Package will decide how much tax is paid when a car is sold. If you buy a car for higher amount than Wholesale Price stated on Used Vehicle Information Package, UVIP Wholesale Price will not be used and tax will be charged on highest amount instead.
Example 1: If Ontario UVIP states a wholesale price of $10,000 and your purchase price is $7,000, tax will be charged on $10,000 UVIP price valuation.
Example 2: If Ontario UVIP states a wholesale price of $10,000 and your purchase price is $12,000, tax will be charged on $12,000 purchase price.
Providing a UVIP (Ontario Used Vehicle Information Package) will help selling a car easier. Information included on UVIP assist people interested in your car to make a better and faster buying decision.
2. Page Two: Sell a Car Ontario: UVIP
Section Two of UVIP (Used Vehicle Information Package Ontario) has information on current owner, purchase dates and Km/mileage at the time of ownership transfer.
Section Three of UVIP (Ontario Used Vehicle Information Package) shows previous owners, it also includes Dealers and Wholesalers. Note mileage/Km of vehicle, numbers should be ascending. Latter registration dates should have higher Km/Mileage numbers, otherwise either is a clerical mistake or a potential odometer rollback.
Information contained on this section of UVIP helps to sell a car in Ontario. People will feel more comfortable if they are provided details about a car they want to buy.
Section Four: Ontario Used Vehicle Information Liens
Liens registered against a used car in Ontario are indicated on section four on UVIP. Lien section on will state Lien status of a used car. It should state “Zero Liens” otherwise there is a Lien on vehicle title.
Since is allowed to sell a car with liens in Ontario, is important for buyers to check Lien status when buying a used car.
A Lien means money is still owed on the car. Liens complicates things quite a bit when buying a used car. On sellers side: If you have a lien on vehicle title, should be paid in full prior to selling a car. Otherwise, you should let buyers know what amount is still owned and try to make a deal with them.
Details on: Buying a Car with Lien in Ontario
3. Page Three: Ontario UVIP Vehicle Information Package
This is “bill of sale” part of Ontario UVIP. It will be completed with buyers information when you sell your car in Ontario.
Information and signatures of buyer and seller are mandatory in order to complete ownership transfer (selling and buying a used car).
When a car is sold in Ontario, ownership registration should be changed from seller to buyer within 6 days. UVIP is used as bill of sale in Ontario.
While Ontario UVIP general information helps, it does not provide accident history or service records. Providing a more comprehensive vehicle history will help you sell your car easier and faster. CARFAX for example, offers a detailed vehicle history and costs about $40. Report includes accident history, Lien status and Service records.
If you are looking to buy a car: Things to Check When Buying a Car Ontario.
(If you are also looking for a fast and safe solution to sell your car, more here on “How To Sell Your Car Fast”.)
Comments: If you have any questions or suggestions related to this post or Used Car Toronto in general, don’t hesitate to use comment section below.
Used Vehicle Information Package will decide how much tax will be paid when an ownership transfer occurs (buying/selling). ..What happens if there is No wholesale or retail pricing on the paper UVIP.. do you paid what you put down?
In that case they will tax based on seller/buyer agreed price, which will be asked when transfer of ownership takes place.
For private sales, tax is based on a commercial used vehicle guide, e.g. Kelly Blue Book.
Does not matter what the private contract indicates.
Ontario changed to this procedure decades ago because buyers/sellers were colluding to write down a much lower amount specifically to allow the buyer to pay less taxes.
It depends on how old a vehicle is. On older than 10 years vehicles (low value vehicles) book does not indicates any value and tax is based on private contracts. On newer vehicles tax is based on Ministry of Transportation value book but if private contract is higher then it will be taxed based on contract.