Consumer Line

November 2018

OMVIC Message

 

In This Issue

  • Black Friday Car Shopping

  • A Lien on a Vehicle

  • Understanding Car-Buying Acronyms


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CONSUMER PROTECTION

Shopping for a car? Don’t get caught in the dark this Black Friday!

How did Black Friday — the day of mega-amazing colossal unbelievable can’t-be-beat blow-out sales signifying the unofficial start of the Christmas shopping season — get its name? Some would say Black Friday marks the point many retailers turn a profit for the year, going from being “in the red” to being “in the black.” The more cynical among us might argue it’s consumerism run amok and a black mark on our society. Though the origins of the name may be debatable, the lure of Black Friday is undeniable.

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Black Friday

A Lien on a Vehicle

Leaning back against the hood of your car, one foot lifted behind resting on the bumper, silhouetted by a setting sun—a potentially awesome picture for a car lover. But despite the artistic appeal, it’s not a picture many car owners would risk today, because we’ve learned a sometimes painful and costly lesson: those little metal rivets on our jeans love chipping and scratching away at a vehicle’s paint, and that road grit we didn’t even notice, will grind into a beloved car’s clear coat like a small piece of sandpaper. Yes, leaning on your car can be a bad idea, and leaning on someone else’s car—well that’s a whole other level of social faux pas—but even that is not as serious as a lien on a car.

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 Lien on a Vehicle

Confused about car-buying acronyms? Let’s ‘talk turkey’!

The way people communicate today has changed, especially when texting. It’s almost a new language: “TTFN” “IMHO” “SMH” “AFAIK.” We may pretend we understand, but secretly we’re making a mental note to look up those abbreviations later. All those capital letters, numbers and abbreviations— it makes one long for the days of handwritten correspondence when we took the time to spell out words.

Little is more confusing than acronyms. You know what an acronym is, right? That would be an abbreviation formed from the first letter of other words and pronounced as a word, as in OMVIC [spell this out phonetically] the Ontario Motor Vehicle Industry Council—not to be confused with an initialism—an abbreviation consisting of the first letter of other words, but pronounced separately as in M-T-O, the Ministry of Transportation of Ontario.

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Car-buying Acronyms

OMVIC Contact

OMVIC administers and enforces the Motor Vehicle Dealers Act (MVDA) on behalf of the Ministry of Government and Consumer Services. OMVIC maintains a fair and informed vehicle sales marketplace by regulating dealers and salespersons, regularly inspecting Ontario's 8,000 dealerships and 27,000 salespeople, maintaining a complaint line for consumers and conducting investigations and prosecutions of industry misconduct and illegal sales (curbsiding). OMVIC is also responsible for administering the Motor Vehicle Dealers Compensation Fund on behalf of its Board of Trustees.

Consumer Line is OMVIC’s consumer guide to Ontario’s motor vehicle dealer industry. It is published throughout the year, delivered free via e-mail and provides consumers with useful tips, industry news and important, up-to-date information.

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