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OMVIC Blog: Car Buying Tips

Author: Created: Friday, August 14, 2015 RssIcon
OMVIC Blog
By OMVIC Communications on Friday, July 29, 2016
quiz pic Think you’re a pretty savvy car buyer? Understand dealer advertising? Let’s check; and find out if your consumer smarts are stuck in the first gear or set on cruise control.

By OMVIC Communications on Friday, July 22, 2016
Heading off to college or university and looking for a cheap set of wheels? If you're searching in the private automotive jungle remember, consumer protection laws in Ontario  don't apply to private vehicle purchases. Should something go wrong with a private car purchase, consumers are basically on their own with little recourse other than the court system.


By OMVIC Communications on Tuesday, July 12, 2016
Be sure to stop by the OMVIC booth at the Toronto Honda Indy this weekend, July 15th to 17th. Have your questions answered by OMVIC staff and learn about your rights when you purchase a vehicle from an OMVIC-Registered Dealer, in Ontario.

By OMVIC Communications on Friday, July 8, 2016
online car buying scam If you're looking to purchase a vehicle in Ontario, new or used, chances are you've checked out some of the online auto marketplaces such as Kijiji, AutoTRADER, Craigslist or others. While there are many legitimate vehicles available through these sites, there are also a number of sophisticated online scams you should watch out for.


By OMVIC Communications on Thursday, June 30, 2016

Lease agreement In Ontario, there is no cooling-off period when purchasing a vehicle from an OMVIC-Registered dealer – all sales are final. Before you sign the contract, it is important to do your research and determine if leasing is right for you.



By OMVIC Communications on Friday, June 24, 2016

As is Car AdAlthough changes to the safety inspection standards have been implemented, “as is” disclosure obligations remain unaltered. As such, “as is” disclosures must still be made on both contracts and advertisements.  In addition, dealers are still responsible to make all mandatory disclosures about the history and condition of the vehicle, in writing, even if the vehicle is being sold “as is.”



By OMVIC Communications on Friday, June 17, 2016

#DYK Since its creation on July 1, 1986, the Motor Vehicle Dealers Compensation Fund has paid out over 5 million in compensation to consumers. As the oldest and largest fund of its kind in Canada, the Compensation Fund offers the best protection for vehicle buyers in Ontario. Happy 30th Birthday to the Compensation Fund!



By OMVIC Communications on Friday, June 10, 2016

OMVIC (Ontario Motor Vehicle Industry Council) is Ontario’s vehicle sales regulator. With a mandate to protect consumers OMVIC enforces the Motor Vehicle Dealers Act and other consumer protection statutes on behalf of the Ministry of Government and Consumer Services.



By OMVIC Communications on Thursday, June 2, 2016

georgian intro banner Thinking about buying a car? Want to see the newest models in a unique no-selling, no-pressure environment? Then plan a trip to Barrie this weekend!

Georgian College Auto Show – June 3–5

This weekend, June 3–5, North America’s largest outdoor auto show is being held in Ontario. The Georgian College Auto Show is 100% student run and it’s taking place at the college’s Barrie campus.


By OMVIC Communications on Friday, May 27, 2016

All-in price advertising is the law; a law meant to provide transparency to consumers and to create a fair and level playing field for dealers. Through past bulletins we’ve learned that if a dealer advertises a price for a vehicle (new or used), that price MUST include all fees and charges the dealer intends to collect.

But what are the other ‘advertising’ rules consumers should be aware of to stay protected?

By OMVIC Communications on Friday, May 20, 2016

Thaya looking under hood Considering the information available, today’s informed consumers should have more confidence (and less anxiety) than ever before when buying a car. But that’s the rub; consumers have to do their part too. They need to research; ask questions; know when they’re protected (and when they’re not); and accept some of the responsibility for protecting themselves. An educated consumer is a protected consumer.



By OMVIC Communications on Friday, May 13, 2016

Blog post 38 display manu ads All-in price advertising is the law in Ontario; a law meant to provide transparency to consumers and create a fair and level playing field for car dealers. Through OMVIC’s on-going consumer awareness efforts, the public is becoming more informed of the all-in pricing rules when purchasing a car from an OMVIC-Registered Dealer — but there is still some confusion…


By OMVIC Communications on Friday, May 6, 2016
Blog 37 image 1All-in pricing is the law! If an OMVIC-Registered 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.

By OMVIC Communications on Friday, April 29, 2016

Safety Recalls 4With millions of vehicles recalled, many for serious safety issues, it’s vitally important owners take steps to ensure they’re aware if a vehicle they own, or are thinking of purchasing, is the subject of a recall and to have recalled vehicles repaired/serviced.



By OMVIC Communications on Friday, April 22, 2016
blog camperSummer is just around the corner and you may be thinking about buying some new “toys”! Well, if it’s a motorhome (a driveable RV) purchased from a registered dealer, you’re protected by OMVIC and the Motor Vehicle Dealers Act (MVDA). In the rare instance you encounter a problem with the dealership OMVIC may be able to assist; it also means you are protected by the Motor Vehicle Dealers Compensation Fund!

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