Newsroom

Have you ever gone into an automotive business and, after test driving a car or asking that a specific model be brought in, you were presented with an “offer to purchase”? The document might state terms and conditions about the purchase or order of the vehicle and require some sort of upfront payment. Sometimes this … Continued

AMVIC is a free and trusted consumer resource. Whether you’re a seasoned car-buyer or getting your first vehicle, we have helpful tips for automotive consumers in Alberta. Visit amvic.org for more consumer resources.

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

For 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

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 … Continued