Electric

Used Battery-Electric Cars Now PST Exempt in B.C.

by Louis-Philippe Dubé
Photo: Frédéric Mercier

Thanks to Provincial Sales Tax (PST) cuts announced in British Columbia’s 2022 budget, the tax will no longer be collected from residents who purchase a pre-owned battery-electric vehicle. This exemption started on February 23, 2022 and will be valid for a period of five years, until February 22, 2027.

To be defined as “used” and included in this exemption, a battery-electric vehicle must have travelled 6,000 kilometres or more. This applies to purchases made from private third parties, but not from dealers.

The luxury surtax threshold for battery-electric vehicles has also been moved from $55,000 to $75,000 for the same period of five years, letting B.C. residents have access to more models without having to dish out this additional amount. Since 2018, vehicles with a purchase price of between $55,000 and $55,999 were taxed an extra 1%. For vehicles with a price tag between $56,000 and $56,999, an extra 2% was added. Finally, residents who purchased vehicles priced at over $57,000 paid an extra 3%.

British Columbia offers some of the most enticing ZEV incentives in the country. And this latest one may encourage buyers on a budget to jump the fence and hop on the electric bandwagon.

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