Category: Consumer bulletins

Financial February: negative equity

| Consumer bulletins

Do you know what negative equity is? It is when the amount you owe on a vehicle is actually more than the current value of the vehicle. If consumers decide 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

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Financial February: choose the vehicle that’s right for you

| Consumer bulletins

When shopping for your next vehicle, consider what best suits your needs. Are you looking for a family vehicle large enough to haul all of that hockey equipment around? Or are you looking to downsize to a smaller vehicle that is economical on gas? Consider a few questions before you start shopping: It is important

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Budgeting for a vehicle

| Consumer bulletins

Buying a vehicle can be a daunting task. One way to make this experience less stressful, is by having a firm budget in place before you start shopping for a vehicle. A budget will ensure you don’t get into financial trouble or be swayed to sign a contract that gives you buyer’s remorse. Having a

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Are you paying extra fees?

| Consumer bulletins

In Alberta, all-in advertised pricing is the law. That means that the advertised price of a vehicle must include all fees and charges the seller intends to charge, except for GST and any costs associated with financing. Many times, extra fees are added to the advertised price and you may end up paying more than

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Service and repair: winter is on its way!

| Consumer bulletins

Winter has arrived in Alberta and that means now is a good time to check the condition of your vehicle and prepare it for the cold weather. Taking your vehicle to a service and repair business is something many of us will be doing over the next few weeks. Alberta regulates automotive service and repair

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