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Did you miss these recent industry bulletins?

| Industry bulletins

AMVIC recently sent out many industry-focused bulletins to help automotive businesses and salespeople stay informed, understand the laws and ensure compliance. Did you miss any of these informative bulletins? Here’s a quick overview so you can read any you may have missed. Industry resources that help you Sent out in February 2021, this bulletin lists

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Help your customer understand an “offer to purchase”

| Industry bulletins

Does your automotive sales business use an “offer to purchase” form with consumers? Sometimes a document might state terms and conditions about the purchase or order of a vehicle and require some sort of upfront payment. Other times this document can be called an “order sheet” or “order spec sheet.” Essentially, this is a deposit

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All-in pricing: adding VIN etching as an extra

| Consumer bulletins

All-in pricing is the law in Alberta. As such there are regulations in place that protect you from hidden costs, including etching. Follow this link for more information on what to look out for before signing the offer to purchase. What is etching? VIN etching is the permanent engraving of the vehicle identification number (VIN)

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Making business changes

| Industry bulletins

Planning to offer more automotive services? Did you move locations or did the business recently change ownership? There are steps an AMVIC-licensed business must follow to ensure a smooth process in relation to Section 134 of the Consumer Protection Act. You must notify AMVIC, in writing, within 15 days, if any of the following applies: Your

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Do you know what an “offer to purchase” is?

| Consumer bulletins

Have you ever gone into a dealership and after test driving a car or asking the dealer to bring in a specific model, you were presented with an “offer to purchase”? The document might state terms and conditions about the purchase or order of the vehicle and require some sort of upfront payment. Sometimes this

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