Changes were made on April 1, 2024 to AMVIC’s vehicle sales levy, single sales business licensing fee, as well as the rules around the Compensation Fund. The vehicle sales levy increased to $10 (from $6.25) and the single sales business licence fee increased to $250 (from $175). This increase included the single sales, leasing and
Read MoreAccurate documents, including a compliant bill of sale, increase transparency and build trust with consumers. Ensuring that the correct information is being recorded on bills of sale and financing applications provided to financial institutions will protect the consumer, your salespeople and business. Automotive businesses have an obligation to create and maintain complete and accurate financial
Read MoreAll-in advertised pricing means the advertised price of a vehicle must include ALL fees and charges. This includes freight, pre-delivery inspection/expense, administration and/or documentation fee(s) and levy recoveries. Adding any of these fees on top of an all-in advertised price is illegal. The only fee that can be added to the advertised price is GST
Read MoreIs your business holding an off-site sales event? Don’t forget to let AMVIC know and double check your advertising to ensure it’s compliant. Submit your form At least three weeks before the event takes place, advise AMVIC about your event by submitting an on/off-site sales request form, available on amvic.org. Remember, even if you are
Read MoreAMVIC works hard to promote trust and confidence in the motor vehicle industry through awareness and the distribution of valuable information to industry and consumers alike. AMVIC online is a repository full of useful information, industry links, forms and publications. AMVIC has numerous forms available for AMVIC-licensed businesses to help ensure compliance, transparency and diligence
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