FIN-320 Appraisal for ICBC Transfer Tax
Vehicle Sales Tax Overpayment
Deficiency List
ICBC uses the Canadian Black Book in calculating the PST to be paid when transferring ownership of a vehicle.
If the vehicle has deficiencies the true value may be less.
To avoid overpaying tax, ICBC requires you submit a FIN-320 form indicating the current value.
PR Historics can also assist you with tax refunds if applicable.
The province allows 30 days from the date of a transfer to apply with a FIN-320 form, for a refund of a PST overpayment.
To establish if you qualify for a tax saving, just fill in our form below and we will get right back to you.
- Higher than average mileage
- Out of Province or USA origin
- Previous commercial use
- Previous accident damage
- Rebuilt or Salvage title
- Hail or flood damage
- Rust (either body or mechanical)
- Exterior Damage (dents, scrapes, poor paintwork)
- Interior Damage (cracked dash, tears or stains)
- Dashboard Warning Lights
- Engine problems (poor running, smoke, oil leaks)
- Transmission problems
- Brake malfunctions or require new parts
- Tires worn out or wearing badly
- Electrical components not working
- Air Conditioning not functioning
- Inappropriate modifications