Out The Door Price Formula:
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The Out The Door (OTD) price is the total amount you pay to drive a used car off the dealership lot in Canada. It includes the vehicle price plus all taxes and fees.
The calculator uses the simple formula:
Where:
Explanation: This calculation gives you the true total cost of purchasing a used vehicle in Canada.
Details: Knowing the OTD price helps buyers compare total costs between dealers, budget accurately, and avoid surprise fees at signing.
Tips: Enter the vehicle's negotiated price, estimated HST (13% in Ontario), and licensing fees. All values must be in CAD.
Q1: What's included in OTD price?
A: Typically includes vehicle price, sales tax, registration, documentation fees, and any mandatory add-ons.
Q2: How is HST calculated?
A: HST rates vary by province (e.g., 13% in Ontario, 15% in Nova Scotia). Multiply vehicle price by your province's rate.
Q3: Are there other fees not included here?
A: Some dealers may add documentation fees or other charges. Always ask for a complete breakdown.
Q4: Can I negotiate the OTD price?
A: Yes, you can negotiate the vehicle price and sometimes even some fees, though taxes are fixed.
Q5: Does this apply to private sales?
A: Private sales still require tax and licensing, but may have different fee structures.