Car News Articles 
 Alternative Fuel Vehicles
 Automotive Articles
 Car Buying Tips (167)
  Car Financing (28)
  Car Warranty (6)
 Car Insurance Articles
 Car Maintenance
 Car News
 Car Racing
 Car Repair
 Car Safety
 
 Driving Economically
 Environmental Issues
 Exterior Car Care
 Garage Know How
 
 How Car Stuff Works
 Motorcycle Articles
 Road Trips
 Traveling with Kids
 Younger - Older Drivers
 
 Amsoil Synthetic Oil
 Article Archives





Car Buying Tips

Sep 25, 2009 - 10:55:46 PM
Email - Print - Discuss

Do You Know Who You're Buying Your Vehicle From?

Do you know who you're buying your vehicle from? Is it a curbsider? Protect yourself from being ripped off by a con artist. All vehicle dealers are not necessarily honest. Here's some sound advice on how not to become a victim.

(NC)—Not all vehicle sellers are the same – knowing the difference is critical to protecting yourself from con artists.

Ontario-Registered Dealers

Ontario-registered vehicle dealers are identifiable by their “Ontario-Registered Dealer” decals. These dealers have a permanent lot, ownership signs and are members of the community in which they operate. They are licensed professionals who follow the regulations of the Motor Vehicle Dealers Act and are regulated by OMVIC, the governing body of Ontario's motor vehicle sales industry.

Don't Be a Victim:

What You Need to Know About “Curbsiders”

The biggest danger of purchasing a vehicle from a private seller is the risk of buying from curbsiders: unlicensed dealers who pose as private sellers. The cars they sell are often misrepresented, accident-damaged, odometer-tampered, stolen, or have liens. Previous industry research suggests that more than 25 per cent of used car classifieds are posted by curbsiders.

There are many signs that you may be dealing with a curbsider:

• Conduct business over the phone, email or the Internet.

• Will offer to show the vehicle in a public place.

• Won't provide a Used Vehicle Information Package (UVIP), as required by law.

• The vehicle registration may not be in their name.

• May have other vehicles for sale.

Remember: If something about a vehicle seller doesn't seem right, step back and ask questions. If a vehicle purchase seems too good to be true, it probably is. More information is available online at omvic.on.ca.

Registered Vehicle Dealers

Operate visibly in the community: permanent lot and ownership signs

Display OMVIC registration

Bound by the regulations of the Motor Vehicle Dealers Act and OMVIC's code of ethics

Contribute to the Motor Vehicle Dealers Compensation Fund, a consumer protection fund

Private Sellers and “Curbsiders”

Often conduct business over mobile phone or Internet

Hard to track down; no history in the community

Not governed by OMVIC

Purchase not covered by consumer protection legislation or consumer protection fund


Automotive : Link Sponsors
 


Related Articles:
Cash For Clunkers Not?
Buying A Used Car Instead Of A New One
New Car Shopping?
Buying A Used Car Instead Of A New One?
Cutting The Cost Of Buying A Car
Stretching Your Money: Tips On Buying Certified Cars
What You Need to Know Before Buying a Car
Protect Yourself From Digital Odometer Fraud
Drivers Use Financing To Their Advantage
Chrysler Celebrates 25 Years Of Minivan Leadership
Money-Saving Advice For Finding New Vehicles
Car Financing Tips To Know When You're Buying A Car
New Car Prices, Then And Now
The Return Of The SUV
Debunking the Myths of What Makes a Good Used Car



Stay Updated!

Follow us on Twitter
Car Buying Tips
Related Articles
Before Applying For Auto or
Auto Warranties: Buyers Beware
Do You Know Who You're
Car Buying: Six Slippery Sales
Avoiding Flood-Damaged Used Cars


Feed Button



Car Insurance Info | Newsletter | Car Classifieds | Online Car Rentals
Auto Pictures | Link To Carjunky.com


Syndicate our Auto News on your Site for Free!!

Complete List of Article RSS News Feeds


Copyright © . CarJunky® All Rights Reserved.