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OMVIC Academy

The OMVIC Academy

About the OMVIC Academy

Buying a vehicle, whether new or used, can be confusing–even intimidating. The OMVIC Academy videos and associated guidebook will help turn apprehensive students into informed consumers. Inspired by sitcoms from the 80s and 90s, each video follows students Ling, Timmy, Justin and Ellen on their journey to becoming “confident car buyers” while guided by the sagacious Professor OMVIC.

The videos and Car-Buying Guide are targeted to first-time buyers and new Canadians. OMVIC also encourages high school teachers and driving school instructors to utilize the Academy resources.


Meet the Cast

Professor OMVIC Timmy Ellen Justin Ling
OMVIC Academy Professor OMVIC Academy Timmy OMVIC Academy Ellen OMVIC Academy Justin OMVIC Academy Ling
Meet Professor OMVIC
Fun fact: trademarked “omvictory” to denote a successful car purchase.
Meet Timmy
Fun fact: thinks math is a conspiracy theory.
Meet Ellen
Fun fact: has never missed a day of school. Ever.
Meet Justin
Fun fact: plans to be a motivational speaker.
Meet Ling
Fun fact: is writing a one woman show about her car-buying journey.

Video Lessons

OMVIC Academy Video - 1
All-in Price Advertising
OMVIC Academy Video - 2
Negative Equity
OMVIC Academy Video - 3
Curbsiders
The students learn what fees must be included in a dealer’s advertised price. The class holds an intervention and Timmy learns an important lesson about the dangers of long-term loans. Professor OMVIC isn’t acting like himself and gives the students strange advice about buying a car privately. Should they trust him?
Watch Video Watch Video Watch Video

OMVIC Academy Video - 4
Buying from an OMVIC-Registered Dealer
OMVIC Academy Video - 5
Buying from a Private Seller
It’s classmates vs. classmates in a feud to determine who knows the most about buying from a registered dealer.
Roleplaying: the class helps Justin prepare for an appointment with a private seller. Will he remember the right questions to ask?
Watch Video Watch Video

Student Manual

Begin a journey to becoming a confident car-buyer off right: download the OMVIC Academy Car-Buying Guide. Filled with useful tips, checklists and words of support from the OMVIC Academy cast of characters, this guide is a must for all car buyers.

Download the Guide

Multilingual Translations

To view these videos with French, Simplified Chinese or Punjabi subtitles please click here.

Supporting Resources


OMVIC Academy Video 1 - All in Price Advertising

If a motor-vehicle dealer advertises a price for a vehicle (new or used), the Motor Vehicle Dealers Act (MVDA) requires that the price include ALL fees and charges the dealer intends to collect. Learn More: All in Price Advertising


OMVIC Academy Video 2 - Negative Equity

Many consumers mistakenly shop for a vehicle soley based on a low monthly payment rather than the actual price. Often referred to as “monthly payment junkies”, some of these consumers find themselves financing a vehicle over extended terms (84-96-108 months). In many instances, this can lead to “negative equity” (owing more for a vehicle than it is worth). Learn more: Auto Financing and Negative Equity


OMVIC Academy Video 3 - Curbsiders

Curbsiders are illegal, unlicensed vehicle dealers who pose as private sellers, though some operate from small automotive businesses (repair shops, rental companies, etc.). Curbsiders often sell vehicles that are undisclosed rebuilt write-offs or are odometer-tampered. Learn more: Curbsiding


OMVIC Academy Video 4 - Buying from a Registered Dealer

Registration with OMVIC is mandatory for all dealers and salespeople in Ontario. Consumers who buy from OMVIC-Registered Dealers have a right to All-in price advertising; Full disclosure of vehicle history and condition; Cancellation rights (for specified non-disclosures) and Access to the Motor Vehicle Dealers Compensation Fund. To learn more about your rights when buying from a dealer visit: Buying from a Registered Dealer


OMVIC Academy Video 5 - Buying from a Private Seller

Consumers are only protected when buying from an OMVIC-Registered Dealer, so if they decide to buy privately, they need to educate themselves and take extra care. Learn more: Tips for Buying Privately


Additional Resources


Test Driving Tips

When buying a car privately or from a registered dealer, consumers have to learn to protect themselves; and one of the key steps is taking a thorough test drive—not just around the block. To learn more visit: Test Driving Tips


Spot a Roll-Back

Devices capable of reprogramming the odometer in many of today’s computerized vehicles are readily available online for a few hundred dollars. As well, unscrupulous individuals advertise “odometer correction services” on many online marketplaces. These easily accessible methods unfortunately mean vehicles with rolled-back odometers are increasingly offered for sale online. To learn more visit: Can Odometers be Rolled Back?


Online Scams

Online scams routinely target Ontario car buyers through fake ads found on popular websites such as Kijiji, AutoTRADER and Craigslist. To learn how to identify these scams visit: Telltale Signs of a Car-Buying Scam

Trade-In Tips

Trading-in a vehicle (versus selling privately) has pros and cons. On the downside, dealers generally offer the wholesale value of a trade-in, which could be less than what a consumer might get selling privately. On the positive side, trading in a vehicle is easier, faster and more secure; it avoids the myriad of headaches (e.g. no-shows, ownership transfer, obtaining secure payment) associated with selling privately; and, there are tax savings to be had when trading in. To learn more visit: Trade-In Tips


Car Loans

The majority of consumers borrow money for a vehicle purchase. Some choose to use a personal line of credit or arrange financing at their own financial institution but many have the dealer arrange financing. Often though, having the dealer arrange financing makes sense—dealers have access to numerous lenders that may provide terms or rates unavailable elsewhere. But this doesn’t mean consumers shouldn’t carefully consider what is being offered and take steps to ensure they are getting the best possible finance rate and terms. To learn more visit: Financing - Considerations, Questions and Tips When Arranging Auto Financing


Leasing

A lease is a long-term car rental that typically runs over a series of months (36, 48, 60) with a set monthly payment. Leasing is available for both new and used cars. To learn more visit: About Leasing


Extended Warranties

Extended warranties cover some mechanical breakdowns, not necessarily the normal wear and tear a vehicle experiences. Extended warranties are not all created equal. Much like vehicles - they come in every shape and design. To learn more visit: Extended Warranty


Delivery Tips

Picking up a new vehicle can be exciting! But there are several important factors to consider at the time of delivery. To learn more visit: Vehicle Delivery Tips


Car-Buying Quiz!

Is your car-buying know-how stuck in first gear or set on cruise. Test yourself using OMVIC’s Car Buying Quiz

 

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