The OMVIC Academy Car-Buying Guide
Jun
7
Friday, June 7, 2019
We’ve all heard the saying that geniuses are made not born. Child prodigies aside, genius is not innate; it’s the result of hard work, studying and applying what you’ve learned.
The same can be said of confident car-buyers.
And how does one become confident?
Easy. Enroll at the OMVIC Academy! Comprising five videos and featuring a car-buying guide, the OMVIC Academy was created to help consumers become smart, informed and yes—confident in their next car-buying experience.
Set in a classroom with a recurring cast of characters, each video covers essential information about the car-buying process. From All-in Price Advertising, Negative Equity, Curbsiding, Buying from a Registered Dealer to Buying from a Private Seller, these fun, yet informative videos take the viewer on an educational car-buying journey.
The OMVIC Academy Car-Buying Guide
As a feature piece, the OMVIC Academy Car-Buying Guide puts all the valuable information from the videos into a booklet for easy reference.
Divided by topic, this sixteen-page handbook includes the following sections:
All-in Price Advertising provides examples of fees/charges that must be included in an advertised price.
Curbsiders alerts consumers to the eight telltale signs of these illegal, unlicensed dealers.
Negative Equity explains how choosing to finance a car for $366 per month over eight years can lead to negative equity if the consumer wants to trade the vehicle in early.
Buying a Car from a Dealer lists all the protections consumers are entitled to if they buy from a registered dealer and finally—
Buying from a Private Seller explains six important tips to keep in mind when buying a vehicle privately.
Checklists: The last four pages include seven checklists that will prompt users to stay on track with their car purchases.
The Final Word
The OMVIC Academy Car-Buying Guide is a great resource whether you’ll soon be walking into a dealership, arranging to meet a private seller, or just preparing for that day when you decide to get the car of your dreams.
You can easily download it here. If you’d like to order the guide, please email omvic@omvic.on.ca
About OMVIC
An educated and informed consumer is a protected consumer. Visit omvic.ca to learn more about your car-buying rights and when they apply, as well as additional tips for buying a car in Ontario.
Connect with OMVIC on social media!
Ontario Motor Vehicle Industry Council
@omvic_consumers
@omvic_official
Ontario Motor Vehicle Industry Council
www.omvic.ca
www.ontario.ca/page/consumer-protection-ontario
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