Free New Brunswick As-Is Bill of Sale
New Brunswick's tax rule limits what an as-is discount can do: the 15% Provincial Vehicle Tax (PVT), not HST, is charged on the higher of the price or the Red Book wholesale value, so a defect-driven price far below book is taxed at book unless it is within $1,000 of it. Thorough as-is receipts still matter: state the defects, set the honest price, and the risk allocation follows. The baseline is common-law standard (dealers carry consumer protection; private sales run caveat emptor), most sales need no new inspection (only vehicles valued at $1,000 or less), and Service New Brunswick processes the transfer.
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New Brunswick As-Is Bill of Sale — What You Need to Know
Tax Details
NB limits what an as-is discount does to tax: 15% Provincial Vehicle Tax (PVT), not HST, is charged on the higher of the price or the Red Book value, so a discount more than $1,000 below book does not shrink the tax.
Exemption: Condition is invisible to the family exemption — the Family Gift Affidavit transfers an as-is vehicle tax-free between qualifying relatives.
Inspection Requirements
No inspection requirement for most sales means an as-is NB sale closes on the parties' own assessment — with one carve-out: an as-is car valued at $1,000 or less must pass an NB inspection within 30 days before the transfer.
New Brunswick As-Is Sale — Step-by-Step Checklist
- Write the defects and the honest price — NB taxes the higher of the price or the Red Book value, so a low price does not cut the tax.
- State "sold as-is, no warranty expressed or implied."
- Buyer: PPSA search plus commissioned inspection — no provincial check applies unless the vehicle is valued at $1,000 or less.
- Complete the transfer at Service New Brunswick; 15% PVT on the higher of the price or the Red Book value.
Common Pitfalls
- Fantasy-low declarations to cut the tax — PVT falls back to the Red Book value.
- Concealing defects the honest-price logic was built on — misrepresentation survives the clause.
- A buyer skipping the inspection because the tax was fair — the tax says nothing about the car.
- Ignoring Maritime rust on an as-is coastal vehicle.
Pro Tip
NB as-is: honest defects, honest price, and 15% PVT on the higher of price or Red Book value — write it all down.