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Protect yourself. Read these important car-buying tips before you sign!
Friday, May 13, 2016
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…
OMVIC does not regulate vehicle manufacturers; therefore advertisements placed by manufacturers do not have to comply with the Motor Vehicle Dealers Act (though some do voluntarily comply with advertising provisions and commendably provide transparency to consumers).
Make certain you aren’t mistaking a manufacturer advertisement for a dealer’s before relying on advertised prices.
Remember, advertisements placed by dealers must adhere to the Motor Vehicle Dealers Act and Code of Ethics. Manufacturer advertisements don’t have to follow these rules, so it’s important to know whose advertisement it is you’re reading/viewing.
For more car-buying tips, visit omvic.ca.
Ontario Motor Vehicle Industry Council @omvic_consumers @omvic_official Ontario Motor Vehicle Industry Council www.omvic.ca www.ontario.ca/page/consumer-protection-ontaro
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