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Curbsider business plan means the seller will not be liable for any issues after the sale is completed. As a prospective car buyer, purchasing from a curbsider is considered illegal and ignorance is not an excuse. You want to avoid curbsider deals because the people looking to exploit the system are the very people who may sell you a problematic car.
What is a Curbsider?
A curbsider is an individual looking to profit from a purchase and subsequent resale of a vehicle without having registered title to the car being sold.
They will purchase a car from someone else and sell it to you without registering it, acting as the middleman.
The act of failing to register the purchased car is evading taxes owed to the Ministry. A curbsider can also be a licensed dealer, posing as a regular person selling their car.
Selling outside of their business is direct tax evasion. As a buyer, since the curbsider is posing as a genuine individual selling a car, you will need to look a little more carefully at the paperwork.
In the eyes of the MTO you are really buying the car from the person the curbsider bought from. Curbsiding is tax evasion. While it is possible individuals may sell two cars at once, it is statistically unlikely. Dangers of buying from curbsider Aside from profiting from tax evasion, curbsiders are by definition, avoiding the responsibility of selling you a problematic car.
Dealers in Ontario are regulated such that loss of license and compensation for damages can occur if they sell a car that has significant undisclosed problems.
Curbsiders generally use temporary phone numbers and meet in public locations, making tracking them difficult if you run into problems later. The UCDA have prosecuted many curbsiders, but unfortunately the nature of their methodology make them hard to round up.
In another article, we cover how to avoid curbsiders.Comp Plan News: Members of the Policy Expert Groups for the Comprehensive Plan Update Selected City Council votes to increase connections to healthful, local, affordable food Portland Curbsider Summer Edition.
A curbsider is defined as one who is in the business of offering vehicles to the public for the primary purpose of making a profit, but behaves as if he or she is selling their own personal vehicle. 13 Includes Skype for Business Online Plan 2 with voice support and without any client limitations.
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Curbsiders will promote vehicles using a variety of print and online sources: newspaper advertisements, used car websites and online classified sites such as Craigslist and Kijiji. Identifying curbsider ads is difficult to do because these ads look similar to legitimate ads that appear alongside them.
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