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Category: Consumer bulletins

Beware of undue pressure

| Consumer bulletins

Remember, when you are shopping for a new vehicle, you should be the one who is in control of your purchase. You should never feel rushed or hurried into buying or financing a vehicle. If something doesn’t feel right, you can always walk away from the purchase entirely. AMVIC is noticing a trend of consumer … Continued

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March is Fraud Prevention Month: Recognize, Reject and Report Fraud

| Consumer bulletins

AMVIC is once again joining the Competition Bureau, the Royal Canadian Mounted Police and the Canadian Anti-Fraud Centre Fraud Prevention Month campaign — #FPM2026 — educating consumers and industry on how to recognize, reject and report fraud. Fraud can take many forms, and learning to recognize and understand fraud when buying a vehicle will help … Continued

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Financial February: negative equity on vehicles

| Consumer bulletins

Do you know what negative equity is? Negative equity on a vehicle means you owe more on a loan than what the car is worth. If a consumer decides to trade in their vehicle before the current loan is paid off, the debt from that previous loan could carry over to the new vehicle as part of … Continued

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Red flags to watch for when vehicle shopping

| Consumer bulletins

Thinking of buying a vehicle this year? Whether you’re looking to buy new or used, it’s important you know your rights as a consumer and any red flags to watch for when vehicle shopping. Beware of curbers If you decide to buy a vehicle, make sure the automotive business you’re dealing with is AMVIC-licensed by … Continued

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