Free Prince Edward Island Vehicle Bill of Sale
PEI applies its seller-inspects rule across the light fleet: whatever the body style, the buyer can't register without a valid inspection sticker, and getting the MVI in the seller's name is the seller's job — unless the vehicle is sold marked "SOLD NOT INSPECTED". Tax is 15% Retail Sales Tax (RST), not HST, on the greater of the declared price or the Red Book wholesale value. The remaining file is standard island diligence: PPSA search, bridge-crossing history via CARFAX, rust attention on a province where every road is near the sea, and Access PEI for the transfer.
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Prince Edward Island Vehicle Bill of Sale — What You Need to Know
Tax Details
The 15% Retail Sales Tax (RST), not HST, applies across body types, and PEI charges it on the greater of the declared price or the Canadian Red Book average wholesale value.
Exemption: Transfers to listed family members are taxed on the price actually paid, even $0, instead of the book value, with a sworn family-transfer statement; confirm who qualifies before the visit.
Inspection Requirements
The vehicle must pass a Motor Vehicle Inspection in the seller's name before the sale, or be sold marked "SOLD NOT INSPECTED" — without a valid sticker the buyer simply cannot register, and the 12-month inspection cycle makes its date worth checking.
Prince Edward Island Vehicle Sale — Step-by-Step Checklist
- Require a current MVI in the seller's name — every class, no valid sticker means no registration.
- Record the true price — PEI taxes it or the Red Book value, whichever is higher.
- Run the PPSA search; CARFAX bridge-crossing stock.
- Inspect for coastal rust — nowhere on PEI is far from salt air.
- Complete the transfer at Access PEI within 7 days.
Common Pitfalls
- Closing without the MVI in hand — the registration stalls on the seller's unfinished job.
- Understating the price — the Red Book value is taxed whenever it is higher.
- Assuming island stock never crossed the bridge — check the history.
- Skipping rust checks because the vehicle is young — salt air doesn't card.
Pro Tip
PEI vehicles: the MVI is the seller's job, the tax is on the price or the book value, whichever is higher, and the salt air is everyone's problem — small island, clear rules.