If not, the buyer has to pay the provincial sales tax when registering the vehicle. Get a receipt from the seller. You must have one to register the vehicle. In Saskatchewan, the vehicle registration has a tear off portion that is recognized as a Bill of Sale. 24.4 To consider the options of purchasing or leasing a vehicle.
Most dealers provide information about leasing a vehicle.
Most lending institutions will provide consumer information about financing a vehicle. Students may do a comparison between buying and leasing a vehicle. Several Internet sites or computer software programs may be used to do cost comparisons. Students should be encouraged to determine what the cost of the vehicle, including the financing costs, will be. People often compare monthly payments, but do not look at the total cost.