Advertising credit: we have the info you need

DATE: | Industry bulletins

Rolling out new ads? Before you publish, ask yourself these two questions: Do the ads offer credit? Do the ads state the interest rate or payment amount? If you answered yes to either, then make sure those advertisements comply with the Cost of Credit Disclosure Regulation. How can you be sure your ads comply with … Read More

The dos and don’ts of wholesale

DATE: | Industry bulletins

Are you a licensed wholesaler? Be sure you understand what business activities your licence permits:  Wholesaler dos: Sell, buy or consign vehicles to, or exchange vehicles with other automotive businesses. Wholesalers can purchase vehicles from consumers, but can only sell or consign to other automotive businesses, not consumers. Ensure that your AMVIC licence is active … Read More

Accepting RVs on trade?

DATE: | Industry bulletins

When accepting a vehicle on trade, whether it is an RV, truck or car, always take steps to determine the prior history of the vehicle to keep your customers safe, and prevent oversights. When dealing with used RVs do not forget: Always copy the VINs off the RV directly, not from existing documents Check for … Read More

Keep your ads on the nice list

DATE: | Industry bulletins

Before you publish ads this holiday season, make sure you check this list to ensure your ads comply with Alberta’s advertising laws. A complete checklist of the advertising regulations can be found here. Does AMVIC have more advertising resources available? AMVIC also offers module four: advertising from the Salesperson Fair Trading Act course at no … Read More

Advertising lesson now online

DATE: | Industry bulletins

Industry has asked for access to the advertising lesson from the Salesperson Fair Trading Act course and AMVIC is now pleased to offer lesson four: advertising, at no cost. The lesson and free practice quiz is now accessible 24/7 through AMVIC’s website. Are you the owner of an automotive business, in charge of all marketing … Read More

The importance of checking for liens

DATE: | Industry bulletins

When buying a vehicle or accepting one on trade you should always do your due diligence to check for liens. Protect yourself and your customers: Obtain a vehicle history report. A vehicle history report can tell you if there are liens registered against the vehicle. Copy the VIN off the vehicle itself and not from … Read More

Salesperson expiration notices

DATE: | Industry bulletins

AMVIC is making it easier for automotive businesses to ensure their salespeople have up-to-date registrations. As of tomorrow, employers will receive notice via email when a salesperson has failed to renew on time. Businesses have asked AMVIC to provide notice when a salesperson’s registration expires. Expiration notices will help businesses to be aware of the … Read More

Quiz: social media advertising

DATE: | Industry bulletins

Are you an advertising expert? How about when it comes to social media? Test your knowledge and see how you rank: 1. Automotive advertising laws apply to all ads posted on social media. True: Ads on social media and online must comply with all advertising laws. False: Only ads posted to Facebook must comply with … Read More

AMVIC’s cancellation decision upheld

DATE: | Industry bulletins

The Alberta Motor Vehicle Industry Council’s cancellation of an Edmonton used car businesses’ sales licence and salesperson registration was upheld by an appeal panel in a decision dated Sept. 9, 2016 . An independent appeal panel appointed by the Minister of Service Alberta concluded that Martin Hausner, owner of Cars on Whyte and Edmonton Imports, … Read More

True or false: record keeping

DATE: | Industry bulletins

Proper documentation is a supplier’s best friend. Well maintained records will help ensure a business is in compliance. “Not only is proper record keeping a legal requirement, it also may also help a business if there is a consumer complaint,” Nicole Leech, AMVIC’s industry standards manager said. “Those records may help resolve an issue.” Test … Read More