Free Prince Edward Island As-Is Bill of Sale
PEI's seller-must-inspect rule collides with as-is selling the same way Queensland's does in Australia: a road-legal private sale requires the seller to provide a current MVI certificate, so a true as-is-no-inspection deal means the vehicle moves as a non-runner or project — trailer transport, registration deferred until the buyer funds the inspection. State which deal it is on the receipt. On the tax side PEI's no-floor rule mirrors New Brunswick: 15% HST on the actual declared price, so honest as-is pricing is honestly taxed. Island diligence (rust, PPSA, bridge-crossing history) completes the picture.
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Prince Edward Island As-Is Bill of Sale — What You Need to Know
Tax Details
PEI's declared-price HST (15%, no book floor) lets an honest as-is discount flow through to the tax line — the Island taxes the bargain as struck.
Exemption: As-is condition never affects the family exemption — the sworn statutory declaration transfers the vehicle tax-free between qualifying relatives regardless.
Inspection Requirements
As-is collides with PEI's MVI wall: no valid inspection certificate, no registration — full stop. An as-is car that cannot pass a licensed Island station's inspection cannot complete a normal private sale.
Prince Edward Island As-Is Sale — Step-by-Step Checklist
- Name the deal: MVI supplied (road-legal sale) or as-is project sale without one (buyer transports and inspects later).
- Write the defects list and the honest price — PEI taxes the actual declaration.
- Buyer of a no-MVI vehicle: arrange transport; it isn't road-legal until the inspection passes.
- Run the PPSA search; CARFAX bridge-crossing stock.
- Complete the transfer at PEI Access.
Common Pitfalls
- Selling as-is without stating the MVI position — PEI's seller-provides rule makes ambiguity a seller problem.
- A buyer driving home a no-MVI purchase — it isn't road-legal yet.
- Fantasy declarations under the no-floor rule — implausible prices invite review.
- Concealing rust on an island vehicle — the MVI or the buyer's mechanic finds it anyway.
Pro Tip
PEI as-is: the MVI line decides everything — supplied means road-legal, absent means project sale, and the receipt must say which.