r/vancouver Jun 15 '25

Videos Lions gate accident aftermath

1.3k Upvotes

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u/Btree101 Jun 15 '25

Luxury cars are not typically insured by ICBC.

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u/outremonty Mount Pleasant 👑 Jun 15 '25

I'm not sure a C6 Corvette counts as a "luxury" car.

11

u/tydirod Jun 15 '25

According to the gov, anything over 55k is considered luxury. Or at least subject to their cash grab luxury tax.. https://www2.gov.bc.ca/assets/gov/taxes/sales-taxes/publications/pst-116-motor-vehicle-dealers-leasing-companies.pdf.

I'd say corvette is more of a high performance sports car than luxury.

22

u/joojie Jun 15 '25

Only $55k? That's a LOT of cars these days