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OMVIC Blog: Car Buying Tips

By OMVIC Communications on Thursday, April 18, 2019

Arif Adan Syed A Markham area man has been charged after allegedly trying to sell a car with a rolled-back odometer to an undercover shopper from OMVIC, Ontario’s vehicle sales regulator. The charges came just weeks after 34 charges were laid against the man for the same alleged activity.

Arif Adnan Syed, 36, of Markham, is charged with curbsiding (acting as a dealer without registration) in violation of the Motor Vehicle Dealers Act (MVDA) and with committing an unfair business practice (making a false, misleading or deceptive representation), in contravention of the Consumer Protection Act (CPA). Note: All charges are currently before the court; they are only allegations until proven.

 


By OMVIC Communications on Thursday, April 11, 2019

Woman car breakdown

 “I saw a 2006 Ford advertised on Kijiji for $1,600 ‘as is’ or $1,900 certified, so I arranged to meet the seller. The car looked decent: no rust, no dents or scratches. It was comfortable and very clean inside.”- Anonymous, Toronto car buyer.

At first glance this car buyer, let’s call her Sheila, agreed to—what appeared to be— ‘a pretty good deal’ for an older, used vehicle. Unfortunately, after buying the car, Sheila learned that ‘a pretty good deal’ was ‘too good to be true.’


By OMVIC Communications on Friday, April 5, 2019

edc

The Drive Clean emissions program has ended. We’ve created a simple graphic to help you understand the changes.To learn more, visit the Ministry of Environment, Conservation and Park’s webpage.

By OMVIC Communications on Wednesday, March 27, 2019

news release icon

Illegal vehicle sales and odometer tampering have resulted in a 30-day jail sentence for a Mississauga man. Szymon Kozlowski, was found guilty of curbsiding—acting as a dealer without registration—contrary to the Motor Vehicles Dealers Act (MVDA), and of committing an unfair business practicemaking a false, misleading or deceptive representation—in contravention of the Consumer Protection  Act (CPA).


By OMVIC Communications on Friday, March 22, 2019

Mechanical Inspection

Buying a car can be a huge financial commitment and no one wants to end up with buyer’s remorse due to unexpected repairs soon after purchase. That is why its vital consumers exercise their ‘due diligence’ before purchasing any used vehicle – and in many cases, that means getting a pre-purchase mechanical inspection.


By OMVIC Communications on Friday, March 15, 2019

Academy guide

OMVIC is packing up and hitting the road to be part of the Ottawa Gatineau International Auto Show March 21st to the 24th, at the Shaw Centre.This year the OMVIC booth will feature our brand new educational initiative, The OMVIC Academy.


By OMVIC Communications on Thursday, March 7, 2019

car for sale

March is Fraud Prevention Month, as such OMVIC is reminding consumers to beware of curbsiders; illegal unlicensed dealers who often pose as private sellers. Some operate from small automotive businesses (repair shops, rental companies, etc.). Others spend their time behind a computer screen, lying in wait in online marketplaces, ready to pounce on unsuspecting consumers. In fact, 25% of online private vehicle sale ads are 'actually' placed by curbsiders.


By OMVIC Communications on Friday, March 1, 2019

computer scam wallet

March marks the beginning of Fraud Prevention Month, an undeniably important campaign designed to help Canadians recognize, report and reject scams. While it’s great to raise awareness every March, OMVIC recommends this practice all year long, especially if you are planning on buying a car online.


By OMVIC Communications on Friday, February 22, 2019

news release icon

OMVIC has ordered the IMMEDIATE SUSPENSION of 519224 Ontario LTD. o/a Tom Pirie Motor Sales, 190 Lombard Street, Smiths Falls, and of Thomas Pirie, officer and director of Tom Pirie Motor Sales. As a result, Pirie and Tom Pirie Motor Sales may not legally sell, lease, buy or consign motor vehicles. Consumers are warned not to buy or lease motor vehicles from, or sell or consign motor vehicles to, Tom Pirie Motor Sales, RV Kemptville or Thomas Pirie while the dealer’s registration is suspended/terminated.


By OMVIC Communications on Friday, February 15, 2019

omvic academy

Buying a vehicle, whether new or used, can be confusing—perhaps even intimidating. And while the thought of acquiring a new vehicle is exciting, the process can be stressful. So if a consumer is about to enter into the car-buying process feeling unprepared or ill-equipped, The OMVIC Academy has resources that will ensure they are entertained as they become confident and informed car buyers.

By OMVIC Communications on Wednesday, February 6, 2019

OA Car Show

February is for lovers. February 14this the most romantic day of the year for couples (and maybe the most oppressive day of the year for singles), but did you know about the other special days in February celebrating different kinds of love? February 5th is National Weatherman’s Day, the 26th is “tell a Fairy Tale Day” and the 15th is the “International Day for Car Lovers.”

By OMVIC Communications on Thursday, January 31, 2019

ref guide intro

OMVIC has been providing consumer protection to Ontario’s car buyers for over 20 years, but not everyone knows OMVIC's mandate and how it is carried out. To help explain our mission, we created a quick reference guide.

By OMVIC Communications on Thursday, January 31, 2019

news release icon

A Markham area man and woman are facing dozens of charges related to the alleged illegal sale of vehicles (curbsiding), many with rolled back odometers.  

Investigators for OMVIC, Ontario’s vehicle sales regulator, found the accused bought 26 vehicles in 2018, many with very high mileage. Then, posing as private sellers, they offered the vehicles for sale on Kijiji. The odometers of many of the vehicles had been rolled back by significant amounts — in some cases, 200,000 to 300,000 kms . Euro Premium Auto Ltd., a corporation directed by one of the accused, was used to acquire many of the vehicles.  

By OMVIC Communications on Thursday, January 24, 2019

negative equity

Friday, January 25th is “Opposite Day.” We’re not sure who invented this special day, but we think it must be the same committee who decreed May 24th “National Scavenger Hunt Day” or August 12th “Middle Child Day.”

There seems to be no real consensus on how to celebrate Opposite Day – some eat breakfast for dinner or wear their clothes backwards. For OMVIC, Opposite Day is the perfect time to talk about negative equity, an expression that reveals itself to be contradictory. Negative Equity, just like “jumbo shrimp” and “confirmed rumour”, is an oxymoron.

Defining Negative Equity   

Negative equity actually means that you owe more for a car than what it’s worth. It becomes an issue when you want to trade in that car you still owe money on.   
By OMVIC Communications on Friday, January 18, 2019

Looks can be deceiving. It’s always been the case, but sometimes we conveniently forget.

Take Instagram for instance—you freely like your friend’s pictures of the family’s beautiful cottage, the snapshots of the gorgeous kids, the family trips to Europe, and the endless brunch pics featuring nothing but mimosas and smiles. And while you’re busy likingthe posts, you start to wonder how someone’s life could be so perfect.  Instagram is all surface and deep down we know it, but, oh, how we get seduced by the way things look.

The same is also true with cars.

 

By OMVIC Communications on Friday, January 11, 2019

lease

If you’re thinking of leasing your next vehicle, it’s crucial to make an informed decision. Failure to do so could result in financial headaches down the road.

What is a Lease?

A lease is like a long-term car rental - you don’t actually own the vehicle. A leasing agreement typically runs over a series of months (36, 48, 60) with a set monthly payment. Leasing is available for both new and used cars.

The dealer and the company that owns the leased vehicle (lessor) are most often not the same organization. The dealer helps arrange the lease and offers other services to the consumer (lessee). Generally, the dealer does not handle the monthly lease payments and is not the organization with which you sign the lease; these functions are performed by an independently owned and operated finance company

By OMVIC Communications on Friday, January 4, 2019

TPL presentation

As we slip into the driver’s seat and head out on the road in 2019, let’s look back in the rear view one more time. 2018 saw OMVIC on the road educating consumers about their buying rights and promoting industry professionalism by ensuring dealers and salespeople were informed of the regulations governing vehicle sales in Ontario.  

By OMVIC Communications on Thursday, December 20, 2018

news release icon

OMVIC, Ontario’s vehicle sales regulator, is warning consumers not to purchase vehicles from Arif Adnan Syed, Hafsa Nasser or Syed’s company, Euro Premium Auto Ltd. Note: Euro Premium is not a registered dealer.

OMVIC believes Syed and Nasser are curbsiders — illegal, unlicensed dealers. Operating from a home in central Unionville, the couple are allegedly buying high mileage vehicles and then, posing as private sellers, offering them for sale on Kijiji. The odometers of many of the vehicles sold have been rolled back by significant amounts — in some cases, 200,000 to 300,000 kilometres.

 

By OMVIC Communications on Thursday, December 13, 2018

Vehicle History Report

 Recently, OMVIC received this question:

“I’m considering buying a used sedan. It is two years old and has 20,000 km on it. Unfortunately, the OMVIC-Registered Dealer is not willing to show a CarFax report. My question is, “Is the dealer required by OMVIC to show a CarFax report?”

The short answer is…

No.

Instead, dealers are required to make 22 mandatory disclosure requirements related to a vehicle’s past use, history and condition, including accident repairs greater than $3,000 and the true distance a vehicle has travelled, but there is nothing in the Motor Vehicle Dealer’s Act (MVDA) that requires them to provide a history report like CARFAX Canada or AutoCheck (note: AutoCheck is only available to dealers)

By OMVIC Communications on Friday, December 7, 2018

Naughty Nice Blog


Thinking about decking the driveway with a newer set of wheels this holiday season? Considering buying that vehicle privately? Well, OMVIC suggests you check this list twice to help you spot the naughty sellers, so you only buy from the nice.
By OMVIC Communications on Friday, November 30, 2018

Car financing

Buying a vehicle is a decision that should only be made after careful consideration, and for most consumers, one of those major considerations is how to finance the purchase.

The majority of consumers borrow money when buying a vehicle. Some choose to use a personal line of credit or arrange financing at their own bank or credit union, while many have the dealer arrange financing.

Having the dealer arrange financing often 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.

By OMVIC Communications on Friday, November 23, 2018

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.

 

By OMVIC Communications on Friday, November 16, 2018

brand conscious man Admit it. Most of us can be…a little superficial.  Maybe your winter coat is Canada Goose, your boots are Sorel and your fleece is Arc’teryx; you order double ristretto venti half-soy nonfat decaf organic chocolate brownie iced vanilla double-shot gingerbread Frappuccino extra hot with foam whipped cream upside down double blended, one  Low and one NutraSweet, and ice because it’s Starbucks and no one drinks ‘coffee’ anymore, and; you want to buy that ruggedly sexy SUV you’ve seen on safari travel shows; the one all the celebs drive, cuz you know, it  will undoubtedly impress your friends.  Yes, about some things – we can be brand snobs.

 

By OMVIC Communications on Friday, November 9, 2018

Test Driving Tips When Buying a CarWhen 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 get the most out of a test drive OMVIC suggests consumers follow these 5 tips, read more.

 

By OMVIC Communications on Friday, November 2, 2018

news release icon Thinking about buying a car in Ontario? OMVIC has an interactive Car-Buying Quiz to help educate consumers about their rights.

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