Nov 18

Friday, November 18, 2016 

Introducing OMVIC’s New Interactive Tool!

 

Buying a car can be an emotionally charged experience with long-term financial implications. Smart consumers know a purchase of this importance requires research, knowledge and careful deliberation.

OMVIC’s “Road to Buying a Car in Ontario” infographic was created to help consumers ask the right questions during the car-buying process. Whether buying from an OMVIC-Registered Dealer or a private seller, this step-by-step guide will educate consumers in order to protect themselves and make an informed purchase. Navigating from start to sold, the interactive “how-to roadmap” identifies potential dangerous potholes and the detours consumers can take to ensure their next (or first) car purchase is a safe one.

 

Car-Buying Tips Included in OMVIC’s New Infographic

 

Budget – Consider All Expenses

• Loan
• Insurance
• Fuel
• Maintenance
• Parking

Get Educated – Choose the Right Vehicle

• Prioritize vehicle features to fit current and future needs
• Consider mileage, warranty and finance rates

Research – Additional Considerations

• Consult vehicle history (if used)
• Research vehicle reliability
• Does the vehicle depreciate rapidly or hold its value well?
• Determine warranty coverage

For more car-buying tips, navigate through OMVIC’s Infographic

 

OMVIC Protects Car Buyers in Ontario

As the regulator of motor vehicle sales in Ontario, OMVIC protects consumers and maintains a fair and informed marketplace by:

• Maintaining strict registration requirements for Ontario’s dealerships and salespeople
• Regularly inspecting all Ontario dealers (new and used)
• Providing free conciliation services to consumers
• Developing/delivering consumer and dealer education/awareness programs
• Investigating and prosecuting industry non-compliance and illegal sales (curbsiding)

 

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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