Adding a Related Owner to Your Collector Vehicle with ICBC Form

Understanding the ICBC Form MV1427E: Adding a Related Individual as Owner to a Replica/Constructed Collector Motor Vehicle

If you own a replica or constructed collector motor vehicle registered with the Insurance Corporation of British Columbia (ICBC), you may need to add a related individual as an owner to your vehicle. The official form MV1427E, titled Add a related individual as owner to a Replica/Constructed Collector Motor Vehicle, is the document you'll use for this purpose. This article explains what this form is, who should fill it out, how to complete it correctly, and important considerations to keep in mind.

What is the Purpose of Form MV1427E?

This form is specifically designed for owners of approved collector vehicles who wish to add a related individual to the registered ownership. The term related individual aligns with the definition used in the Property Transfer Tax Act, including spouses, children, grandchildren, parents, siblings, and certain in-laws or spouses of children or grandchildren. It ensures that ownership is legally transferred or shared within a family or close relationship, maintaining the vehicle's collector status.

Note that only the individual initially approved for the Collector program can add a related individual. If there have been any modifications or changes to the vehicle since approval, a new application to the Collector program may be required.

Who Needs to Complete This Form?

The primary applicant or current registered owner must complete this form if they want to add a related individual to the vehicle's ownership. Each related individual to be added requires a separate completed form. It's important to keep all applications together to facilitate simultaneous processing. This process is relevant only for vehicles that are actively licensed under the Collector Vehicle Program and meet all condition requirements.

How to Fill Out the Form Correctly

Step 1: Vehicle Details

• Registration Number: Enter the vehicle’s license plate number.
• Model Year, Make, and Model: Specify the vehicle's manufacturing year, brand, and model.
• Body Style: Indicate the vehicle's body type.
• Vehicle Identification Number (VIN): Provide the unique VIN assigned to the vehicle.

Step 2: Vehicle Condition and Equipment

The vehicle must meet all condition requirements to remain eligible. Confirm that the vehicle's exterior and interior are in excellent, detailed, and original or restored condition, with no damages, rust, or significant wear. Additionally, ensure the engine compartment is clean, and there are no stickers or advertising (except certain exceptions). Photographs of the vehicle should accurately reflect its current condition.

Step 3: Vehicle Use Declaration

Collector vehicles are strictly for pleasure use and cannot be used for commuting or business purposes. Confirm that the vehicle will be used solely for leisure, and not for driving to or from work or school.

Step 4: Personal Information

Provide the current registered owner’s details, including full name, address, contact information, and email. Then, fill in the details of the related individual to be added, following the same format. Also, specify your preferred Autoplan broker for insurance and plate pickup.

Step 5: Statement of Applicant

By signing this section, you declare that:

• You are a resident of British Columbia.
• The vehicle remains in a condition that qualifies it as a collector vehicle.
• The vehicle will be used only for pleasure purposes and not for commuting or business.

Additional Considerations and Submission Details

Once completed, submit the form to:

Collector Vehicles Room 235 151 W. Esplanade North Vancouver, BC V7M 3H9 Telephone: 604-661-2756 Toll-Free: 1-844-904-8213 Email: [email protected]

Be aware that adding a related individual may involve new fees, including a plate fee and possibly transfer or cancellation fees. If multiple owners are added simultaneously, these fees usually apply per transaction rather than per owner.

Common Errors to Avoid

• Failing to meet vehicle condition requirements, leading to rejection.
• Providing incorrect or incomplete vehicle details, such as VIN or registration number.
• Not submitting the form to the correct address or via the specified contact methods.
• Omitting signatures or declarations in the applicant statement.

Ensuring all sections are accurately completed and documents are correctly submitted will facilitate a smooth process for updating vehicle ownership within the Collector Vehicle Program.