Top 5 Reasons Why You Should Say No to Your First Car Loan Offer
Considering hopping on that first auto advance offer? You might pay more than that your auto is valued at.
Odds are, you’re likewise needing to
Canarino Nissan is a car dealership serving North Bay community.
OMVIC-Registered Dealers: Who They Are and How to Find Them!
Regulated Professionals
All dealers (new and used) and all salespeople are licensed by OMVIC and bound by the Motor Vehicle Dealers Act and OMVIC’s Code of Ethics.
Certified in Automotive Law and Ethics, Designation — C.A.L.E.
In order to be eligible for OMVIC registration, dealers and salespeople undergo background checks and must successfully complete and pass a course in automotive law and ethics. This course teaches and explains the key pieces of legislation governing the retail automotive industry including the Motor Vehicle Dealers Act and the Consumer Protection Act.
Having a C.A.L.E. designation helps to improve industry professionalism and maintains a fair and informed marketplace. It also demonstrates to consumers that dealers and salespeople are proven professionals who have met training standards.
Note: Dealers or salespeople who were registered prior to 1999 (when the Certification Course was introduced) have not earned the C.A.L.E. designation unless they have subsequently completed the Course.
Why Buy from a Registered Dealer? Greater Consumer Protection
Consumers who buy from an OMVIC-Registered Dealer have a right to:
- All-in price advertising
- Full disclosure of vehicle history and condition
- Cancellation rights (for specified non-disclosures)
- Access to Motor Vehicle Dealers Compensation Fund
Remember: these consumer protections do not apply to private sales.
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How to Manage A Car Loan
You’ve gotten your work done, you’ve arranged a vehicle advance and now you’re driving off the part in your new arrangement of wheels. All things
Fixed Rate Car Loans V.S. Variable Rate Car Loans
Most anchored auto credits will be a settled rate advance, yet you may take out a variable rate individual advance to buy an auto. Here’s the
IF YOU WISH TO GET PRE-APPROVED ON A CAR LOAN FOR YOUR DREAM VEHICLE IN North Bay CLICK ON THE APPLY NOW BUTTON
Toronto Car Loans is not affiliated with Canarino Nissan. This page is solely for information purposes. If you own this business and wish to update your listing feel free to contact us.
