This Saskatoon teen got a great deal on a used truck. Then SGI hit him with the PST bill.
CTV
A Saskatoon family is voicing concerns after paying twice as much PST as expected on a recently purchased truck.
A Saskatoon family is voicing concerns after paying twice as much PST as expected on a recently purchased truck.
Like many teenagers, 15-year-old Otto Eggerman got a job and saved up for his first vehicle. He recently bought a 2016 Chevrolet Silverado.
“When I first got it, I was pretty happy,” he said.
He said he paid around $12,300 for the truck, but when the time came to register it, SGI valued it at about $24,500.
Based on the six per cent PST, the Eggerman family would have to about $1,470, instead of the $738 they were expecting to pay in taxes.
Provincial sales tax on used car sales was implemented in 2018 and is charged upon registration for private sales, according to SGI’s website.
Otto’s father Chad said they were prepared to pay PST on the purchase price, not on the estimated value.
