Free Prince Edward Island Odometer Disclosure Bill of Sale
An odometer disclosure statement is a written certification that the odometer reading shown at the time of a vehicle sale is accurate and reflects the vehicle's true mileage. In Prince Edward Island, odometer fraud is a serious offence under both provincial consumer-protection legislation and the federal Competition Act — sellers who knowingly misrepresent mileage can face civil liability and criminal charges. The statement protects honest sellers by creating a dated record of the disclosed reading.
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Prince Edward Island Odometer Disclosure Bill of Sale — What You Need to Know
Tax Details
Prince Edward Island charges 15% HST on private vehicle sales. HST is calculated on the actual declared sale price — PEI does not apply a wholesale book-value floor for private-to-private transactions.
Exemption: Transfers between immediate family members may qualify for an HST exemption with a sworn statutory declaration. Confirm eligibility with PEI Access.
Inspection Requirements
The seller must provide a current Motor Vehicle Inspection (MVI) certificate before the sale can be completed. The MVI must be performed at a licensed inspection station on the Island. Without a valid MVI, the buyer cannot register the vehicle. The certificate is time-limited — confirm validity before completing the sale.
Prince Edward Island Odometer Disclosure Sale — Step-by-Step Checklist
- Record the exact odometer reading at the date and time of the sale — not an approximate figure.
- Seller certifies that the odometer reading is accurate and that the odometer has not been altered, rolled back, or replaced.
- If the odometer has been replaced or is known to be inaccurate, disclose this explicitly: note the reason, the reading at replacement (if known), and the current reading.
- Both buyer and seller sign the odometer disclosure statement in addition to the main bill of sale.
- Retain a copy of the signed disclosure for at least 6 years — the statute of limitations for fraud claims.
- Run a CARFAX or CarProof history report before signing — compare historical odometer readings with the current reading to detect rollback.
Common Pitfalls
- Writing an approximate or rounded odometer reading — always record the exact figure shown on the instrument cluster.
- Failing to disclose a replaced odometer: if the odometer was replaced at 80,000 km and the dash now shows 40,000 km, this must be explicitly noted on the disclosure.
- Assuming the buyer will not verify the reading: CarProof, CARFAX, and ICBC claims history all record odometer readings at past inspections and insurance events.
- Odometer fraud is not just a civil matter — it can attract criminal fraud charges if done intentionally.
Pro Tip
PEI Access in Charlottetown on Weymouth Street handles the majority of vehicle transfers on the Island. A smaller access point operates in Summerside. For most Islanders, the entire purchase-to-registration process — MVI, bill of sale, and transfer — can be completed in a single day. Get the MVI done early in the transaction to avoid last-minute scheduling issues at inspection stations.