Changes to AMVIC’s vehicle sales levy, business licensing fee, as well as the rules around the Compensation Fund means AMVIC can better help consumers. AMVIC is funded through business licensing fees, salesperson registration fees and the AMVIC vehicle sales levy. As of April 1, 2024 the AMVIC sales levy per vehicle sold or leased will … Continued
Read MoreIn this issue: Read Impact Vol. 1, 2024
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 … Continued
Read MoreFor Fraud Prevention Month, AMVIC has once again partnered with the Competition Bureau’s Fraud Prevention Forum, acknowledging two decades of collective effort against fraud, with the overarching theme of “20 years of fighting fraud: from then to now.” AMVIC joins other Fraud Prevention Partners to raise awareness on fraud and educate consumers and industry on … Continued
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While it is easy to get caught up in the excitement and anticipation of buying a vehicle, it is important to know that in Alberta, there is no “cooling off” period. That means once you sign on the dotted line, the vehicle is yours; you have contractually agreed to buy it. A few extra cautionary … Continued
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