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OMVIC Blog: Car Buying Tips

By OMVIC Communications on Friday, July 12, 2019

Motorcycle

Did you know that OMVIC regulates motorcycle sales as well as car, RV and light truck sales?

If you’re considering hugging the curb and embracing clear blue skies this summer, then getting acquainted with your rights as a motorcycle-buyer is a very good start.

Each day, OMVIC staff field calls and emails from car and motorcycle buyers seeking clarity on their rights as a consumer. As a motorcycle-buying consumer, you have certain rights.

By OMVIC Communications on Thursday, May 16, 2019

Signing a contract

All shoppers know the checkout drill, you hand over your money, your goods are packaged and then the cashier tells you by rote, “You have 10 days to return or exchange, as long as you have the receipt.” You nod--you probably won’t return your purchase, but it’s nice to know that you could. You walk out the door, and live your life. So here’s a question. When you sign a contract to buy a car from a dealer, there is,

a.       A 24 hour cooling-off period

b.       A 48 hour cooling-off period

c.       A 10 day cooling-off period

d.       No cooling-off period




By OMVIC Communications on Thursday, May 24, 2018
Free Car-Buying Seminars Teach Consumers How to Buy a Car in Ontario

Buying a car is one of the most expensive purchases a consumer will make in their lifetime. It is a transaction that requires thought, research and knowledge. It’s important that consumers educate themselves BEFORE entering into an agreement to purchase a vehicle.

As Ontario’s vehicle sales regulator, OMVIC offers FREE Car-Buying Seminars to consumer and community groups.

 

By OMVIC Communications on Friday, April 13, 2018
Born to be wild? Know your rights?

Get your motor runnin'
head out on the highway
lookin’ for adventure
and  whatever comes your way

Steppenwolf was definitely not talking about packing up the station wagon, programming the GPS, adjusting the climate control and arriving at a destination looking fresh and relaxed. ‘Born to be Wild’ is about feeling the exhilaration and adrenalin that only riding a motorcycle on the open road can give you.

 

By OMVIC Communications on Friday, June 23, 2017

An Ottawa-area man was convicted on 36 counts of illegally selling motor vehicles, many with missing airbags. Ahmad Moussa, sole director of Quality Motors, 1417 Cyrville Road in Ottawa, was charged by OMVIC, Ontario’s vehicle sales regulator, with curbsiding — acting as a dealer without registration. 





By OMVIC Communications on Friday, June 16, 2017

When it comes to buying a vehicle in Ontario, it is important consumers do their homework before purchasing. But what exactly should that homework entail? Whether buying from a private seller or an OMVIC-Registered Dealer, this mnemonic will help consumers conduct research and ask the right questions during the car-buying process to make an informed purchase.





By OMVIC Communications on Wednesday, May 31, 2017

If you’re thinking about buying a car, or if you’re just an unabashed car enthusiast, come out to the Auto Show at Georgian College’s Barrie campus this weekend! Visit OMVIC's booth



By OMVIC Communications on Wednesday, January 27, 2016

Ontario Superior Court of JusticeThe Ontario Superior Court of Justice has overturned a decision of the Licence Appeal Tribunal (LAT) that ordered the provincial vehicle sales regulator, OMVIC, to grant a licence to a man convicted of firebombing New York State government offices.


By OMVIC Communications on Friday, December 11, 2015
Leasing VehicleIn Ontario, there is no cooling-off period when purchasing a vehicle from an OMVIC-Registered dealer – all sales are final. So it’s important … before you sign the contract … do your research and determine if leasing is right for you.

By OMVIC Communications on Friday, November 27, 2015

Holiday Shopping with Credit Card It’s Financial Literacy Month! Interested in buying a new or used car? As November comes to an end and the holiday shopping season intensifies, it’s important that consumers are aware of the dangers of “…Being a Monthly Payment Junkie.”  Read more to learn about negative equity. #FLM2015 

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