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OMVIC Blog: Car Buying Tips

Author: OMVIC Communications Created: Friday, August 14, 2015 RssIcon
OMVIC Blog
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.

By OMVIC Communications on Friday, October 26, 2018

news release icon A former Scarborough car dealer, Min Tian o/a Nice Auto Sales, pleaded guilty to retaining an unregistered salesperson, contrary to the Motor Vehicle Dealers Act (MVDA), and was fined $12,500. Tian was charged by OMVIC, Ontario’s vehicle sales regulator, for allowing her husband, Zhijun Wang, to use her OMVIC Registration and ID to gain access to wholesale vehicle auctions where he purchased numerous vehicles. Many of the vehicles were then sold with rolled back odometers or altered VIN’s. Wang was also charged by OMVIC for acting as an unregistered salesperson: he was convicted and fined $25,000

By OMVIC Communications on Thursday, October 18, 2018

gavel On a wintery day in 2016, roads slicked with freezing rain, Tian Cheng Kuang was behind the wheel of his 2013 Mercedes Benz C350 and found himself sliding into the Hyundai Sedan stopped in front of him. Kuang stated he wasn’t going fast but when he stepped from his car he found “the front end almost fell off,” and he wondered, “how come my Mercedes Benz isn’t stronger than a Hyundai?” The answer, it turned out, had everything to do with the history of the Mercedes and resulted in the dealer who sold Kuang the car being charged by OMVIC, Ontario’s vehicle sales regulator, for making false, misleading or deceptive representations in contravention of the Consumer Protection Act (CPA).

By OMVIC Communications on Friday, October 5, 2018
Talking 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 actually 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 MTO, the Ministry of Transportation of Ontario.

By OMVIC Communications on Friday, September 28, 2018
Antique Car
All-in pricing—it’s your right

Get your car-buying questions answered this Saturday at the Canadian Automotive Museum. OMVIC staff will be on hand at the museum in Oshawa, to help celebrate “Doors Open".

 

By OMVIC Communications on Wednesday, September 19, 2018
shiny pink car
Buying a car is a huge financial commitment. As such, no one wants to end up with buyer’s remorse due to unexpected repairs, or realizing soon after purchase that the vehicle has undisclosed accident damage. Ontario’s consumer protection laws requires registered dealers to disclose if a vehicle requires repairs to major components or if it has been involved in a collision that resulted in more than $3,000 damage.

 

By OMVIC Communications on Wednesday, September 5, 2018

man leaning on car 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 photographic and 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.

 

By OMVIC Communications on Thursday, August 30, 2018
Taking delivery

Pre-Delivery Inspection: Important Steps to Take

Bought a new car and waiting to take delivery? Make sure the excitement you feel lasts for days and isn’t snuffed out by any unexpected disappointments. Keep calm and take your time; ensure all your questions/concerns are answered to YOUR satisfaction. To help with this process, OMVIC recommends making a ‘vehicle delivery’ checklist: 

 


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