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Industry bulletins

Fraud Prevention Month: document accuracy

| Industry bulletins

Accurate 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

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All-in advertised pricing is the law

| Industry bulletins

All-in advertised pricing means the advertised price of a vehicle must include ALL fees and charges. This includes freight, pre-delivery inspection/expense, administration and/or documentation fee(s) and levy recoveries. Adding any of these fees on top of an all-in advertised price is illegal. The only fee that can be added to the advertised price is GST … Continued

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Plan your off-site sales event

| Industry bulletins

Is 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 … Continued

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AMVIC resources for industry

| Industry bulletins

AMVIC 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 … Continued

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Online advertising compliance

| Industry bulletins

Car buying is evolving as consumers increasingly turn to online tools and virtual showrooms to research and compare vehicles before walking into a showroom. As an automotive business, keeping up with these changes is important. Adding online tools such as social media, virtual showrooms or digital marketing strategies may come with their challenges. As such, … Continued

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