This is not to say that tax saving is not a huge benefit to anyone selling a vehicle. However, to truly appreciate this program you must first understand what tax savings does and does not do. Tax savings can only reduce your cost on the newer vehicle being purchasing and not on the loan amount on the older vehicle being sold. For example, if you received the wholesale value of $25k for your trade, your total tax saving would be $3,250, giving you a total trade value of $28,250. Now, if the newer vehicle’s HST is $5,200 on a $40k selling price you would only pay $1,950 ($5,200 – $3,250) in taxes on the newer vehicle. The difference with AutoNomix is that you will now have the ability to earn the additional $5K on the price of your trade in addition to saving another $3,900 ($30k*1.13) in taxes on your newer vehicle which is an incredible way to maximize your vehicle’s value helping you to stay in positive equity or eliminate any potential negative equity!

We’re not dealers or private sellers—we’re registered agents acting on your behalf. Sellers earn more than dealer trade-ins, and buyers get transparent pricing and trusted listings.

We handle all interactions, from inquiries to viewings, ensuring a secure and professional experience for everyone involved.

Absolutely! Every vehicle must pass a 90-point inspection before delivery so that you can be 100% confident in the quality and safety of your vehicle. This inspection includes everything from tread depth of tires to thickness of brake pads to exterior paint quality to Bluetooth compatibility.

Absolutely. Our commission is a fraction of what traditional dealers make on your sale, and buyers enjoy no hidden fees or inflated prices.

Negative equity traps car owners in a cycle of financial strain: higher payments, larger loans, and mounting interest—all because their vehicles are undervalued at the dealership. Through the Auto Agency program, we flip the script. Instead of settling for wholesale prices that leave a loan balance higher than your car’s value, we empower car owners to sell at retail value. This unlocks true equity, putting more money back in their pockets. It’s not just about selling a car; it’s about reclaiming control over your asset.

In Ontario, Canada, dealerships offer significant tax savings benefits to owners who trade in their car and buy a newer one:

HST Savings: You only pay the 13% Harmonized Sales Tax (HST) on the difference between the new car’s price and your trade-in value.

Reduced Taxable Amount: The trade-in value is deducted from the new car’s price before HST is calculated, lowering the overall taxable amount.

Example Calculation:

New car price: $40,000

Trade-in value: $24,000

Taxable amount: $16,000 ($40,000 – $24,000)

HST paid: $2,080 (13% of $16,000)

Potential Savings: This method can save you a substantial amount compared to selling privately and buying a new car separately.

Simplified Process: Trading in at a dealership offers tax benefits while simplifying the process of disposing of your old vehicle.

These tax savings apply regardless of any outstanding loan on the trade-in vehicle, as the tax benefit is based on the vehicle’s market value, not your equity in it.