Do you know what negative equity is? It is when the amount you owe on a vehicle is actually more than the current value of the vehicle. If consumers decide 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
Read MoreWhen shopping for your next vehicle, consider what best suits your needs. Are you looking for a family vehicle large enough to haul all of that hockey equipment around? Or are you looking to downsize to a smaller vehicle that is economical on gas? Consider a few questions before you start shopping: It is important
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
Read MoreBuying a vehicle can be a daunting task. One way to make this experience less stressful, is by having a firm budget in place before you start shopping for a vehicle. A budget will ensure you don’t get into financial trouble or be swayed to sign a contract that gives you buyer’s remorse. Having a
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