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In an unpredictable vehicle market where inventory is moving fast, it’s more important than ever for you as the consumer to read and understand the bill of sale when buying a vehicle. All-in advertised pricing is the law in Alberta. That means the advertised price of a vehicle must include all fees and charges the … Continued

When it comes to Alberta’s automotive industry, AMVIC promotes consumer protection from unfair practices through education, public engagement and free resources. Recently, AMVIC updated three of its consumer guides (pictured below) to make them more current, clear and helpful to anyone who may be planning on buying a vehicle. The refreshed “Budgeting for a vehicle,” … Continued

March is Fraud Prevention Month and AMVIC is once again joining the Fraud Prevention Forum and other partner organizations to raise awareness on fraud, and educate consumers and industry on how to recognize, reject and report fraud. While there is a big focus on fraud prevention this month, it’s important to look out for yourself … Continued

While it’s easy to get caught up in the excitement and anticipation of buying a vehicle, it’s 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. Here are a few cautionary steps … Continued

Do you know what negative equity is? It’s when the amount you owe on a vehicle is actually more than the current value of the vehicle. If a consumer decides 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 … Continued