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Vehicle sales levy and single sales licence fee increases coming April 1, 2024

| Industry bulletins

Changes are coming to AMVIC’s vehicle sales levy, business licensing fee, as well as the rules around the Compensation Fund. The vehicle sales levy will increase from $6.25 to $10 and the single sales business licence fee will increase from $175 to $250. This includes the single sales, leasing and consignment licence classes. Other licence … Continued

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Fraud alert

| Industry bulletins

Please note AMVIC is aware of recent phishing activity, attempting to get individuals to click on a link within an email that goes to a fraudulent website mimicking AMVIC’s online portal. Licensees and registrants should only access the online portal through the amvic.org website. AMVIC’s systems including AMVIC’s online portal and amvic.org remain secure. AMVIC will … Continued

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AMVIC’s top consumer advice

| Consumer bulletins

AMVIC is a free and trusted consumer resource. Whether you are a seasoned car-buyer or getting your first ever oil change, we have some timeless advice for automotive consumers in Alberta. AMVIC strives to protect and inform consumers when it comes to buying or repairing your vehicle in Alberta. Visit amvic.org for more consumer resources.

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Hiding negative equity or cash back

| Industry bulletins

An accurate and compliant bill of sale not only increases transparency and builds trust with your consumers, it acts as a written record of the transaction should any dispute arise. Automotive businesses have an obligation to create and maintain complete and accurate financial records according to the Consumer Protection Act (CPA) 132(1) and the Automotive Business … Continued

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