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Protect yourself. Read these important car-buying tips before you sign!
Recently, OMVIC received this question: “I was planning to buy a used car, but my financing didn’t get approved, can I get my deposit back?"
Let’s assume that the person who wrote this question, signed a contract and the dealer was to arrange financing.
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.
Two friends at a café:
Scott: Why do you look so happy?
Dee: I’ve met someone perfect—kind, thoughtful and romantic.
Scott: You say that after every date!
Dee: But this one’s different! He’s seen me wearing my mouth guard and he doesn’t care that I can’t cook. I have finally found unconditional love!
Ah, the elusive unconditional love; while it may be what so many of us long for, it is not the type of love you should pursue when you buy a vehicle. To put it bluntly: steer clear of falling in unconditional love with a car. In fact, when buying a car, conditions can be your best friend.
You've signed on the dotted line and taken possession of your new vehicle—congratulations! It was everything you dreamed of and more.