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Car Ownership Transfers Process in Vancouver: All You Need to Know

Posted on 27th, Apr 25
Car Ownership Transfers Process in Vancouver: All You Need to Know

It is not as easy to sell a car or purchase a car in Vancouver as it is an exchange of hands and the passing of keys. In order to legally complete the sale, the ownership of the car must be transferred by ICBC (Insurance Corporation of British Columbia).The process makes the new owner legally valid, and the seller free from any future claims against the vehicle.

Private or to trade buyers such as Mega Cash For Cars, it’s helpful to know how to transfer ownership. We’ve developed this convenient guide to take you through the process, know what documents are needed, and steer clear of pitfalls.

For inquiries or for selling your car quickly and conveniently, call Mega Cash For Cars on (604) 722 6641.

Why Is Transferring Car Ownership Significant?

Transferring a car’s ownership isn’t simply being polite — it’s against British Columbia law. If done correctly, it does the following:

The purchaser becomes the registered owner
The vendor won’t be worried about tickets, tolls, or collisions anymore
ICBC records get updated for registration and insurance
Compliance with provincial statute

As a seller, not completing the transfer could leave you on the hook for problems after sale.

When Should You Transfer Ownership

In British Columbia, the transfer of ownership of a vehicle should be done as quickly as possible after selling, preferably on the same day. The buyer is legally prohibited from driving or registering the vehicle until the transfer is made and insurance has been obtained.

When selling your car to Mega Cash For Cars, we help you finalise the transfer of ownership quickly and properly, relieving you of the hassles.

Paperwork Needed to Transfer Vancouver Car Ownership
This is what you’ll need in order to finalise a vehicle ownership transfer:

For the Seller:

Vehicle Registration Certificate (to be signed over to the buyer)
Government photo ID
Odometer reading at sale
Signed Transfer/Tax Form (APV9T)
Completed APV9T Transfer/Tax Form
Valid ID
Proof of insurance prior to operating the vehicle
Payment for PST (Provincial Sales Tax), if required

At Mega Cash For Cars, we guide you through the forms and see to it that all your needs legally are fulfilled so that no delay or risk is incurred.

Step-by-Step: Vehicle Ownership Transfer

The vehicle ownership transfer in Vancouver generally goes as follows:

1. Complete the Necessary Forms

The seller and buyer are both required to fill out the APV9T Transfer/Tax Form. You can get this form from any Autoplan broker or download it from ICBC’s website.

2. Visit an Autoplan Broker

Both parties must visit a licensed ICBC Autoplan broker to facilitate the transfer. The purchaser must bring identification, proof of insurance, and payment of tax and fees.

3. Renew the Insurance

The new owner must make arrangements for cover before driving the vehicle. It is illegal to drive the vehicle without insurance and could result in large fines.

4. Register the Transfer

After the Autoplan broker processes the documents, ICBC formally transfers the ownership to the new owner.

Fees and Taxes

The following taxes and fees can be incurred during a transfer of vehicle ownership in British Columbia:

Transfer Fee: Typically a small administrative charge by ICBC

PST (Provincial Sales Tax): Dependent on the fair market value of the vehicle, typically 12%

Insurance Premiums: Dependent on the buyer’s driving record, type of vehicle, and coverage chosen

If selling to Mega Cash For Cars, all transfer charges are paid by us, and there are no sneaky additional costs.

Selling Your Vehicle to Mega Cash For Cars: Easy, Quick, and Legal

We make the transfer of vehicle ownership easy. This is how

Free Instant Quotes – Call us on (604) 722 6641 or complete our online enquiry

No Paperwork Fuss – We arrange the transfer documents for you

Free Towing – We will tow your vehicle away from anywhere in Vancouver free of charge

Instant Cash Payment – You are paid instantly after the transaction is finalised

Any Vehicle, Any Condition – We purchase cars, trucks, SUVs, and vans regardless of their condition

Mistakes to Avoid

Not filling out the APV9T form

Letting the buyer drive off without proper insurance

Forget to document the odometer reading

Failing to retain a copy of the sale documents

When you sell your vehicle to Mega Cash For Cars, we walk you through every step to prevent these common mistakes.

Final Steps: Smooth Ownership Transfer

Getting the vehicle ownership transfer right is the secret to a smooth and legal sale. Selling privately or to a car wrecker, ICBC’s process safeguards both parties and provides peace of mind.

At Mega Cash For Cars, we do more than just buy your unwanted vehicle — we provide a full service that’s free towing, speedy payment, and legal transfer. If you’re willing to sell your car in Vancouver, call us today for an instant quote and same-day collection.

Call Mega Cash For Cars today on (604) 722 6641 and let us deal with your sale quickly, legally, and hassle-free.