Buying a Vehicle
OMVIC stands for Ontario Motor Vehicle Industry Council. OMVIC's mandate is to maintain a fair, safe and informed marketplace by protecting the rights of consumers, enhancing industry professionalism and ensuring fair, honest and open competition for registered motor vehicle dealers.
Dealers are required to remit $5 for applicable transactions as of February 1, 2008. The applicable date for determining whether a particular transaction is subject to the transaction fee is the date the agreement with the customer was entered into (i.e. not the date the vehicle is delivered or the date registration is transferred to the customer).
The Ontario Motor Vehicle Industry Council enforces the Motor Vehicle Dealers Act (MVDA).
"As the regulator of motor vehicle sales in Ontario, OMVIC's mandate is to maintain a fair, safe and informed marketplace by protecting the rights of consumers, enhancing industry professionalism and ensuring fair, honest and open competition for registered motor vehicle dealers.
It's important car buyers understand the protections and rights they have depends entirely upon whom they buy from. Consumers who purchase from registered dealers are protected by OMVIC and are entitled to full disclosure and all-in pricing. Consumers who buy privately have NO protection; no consumer law covers private transactions."
For full information on OMVIC please see this website.
An excise tax of $100 is payable for vehicles with air conditioning that are purchased in Canada or imported from the United States. This tax is payable to CBSA at the border when the vehicle is permanently imported into Canada.
Excise tax (Green Levy) on fuel inefficient cars
This tax is applicable to vehicles purchased in Canada or imported from the United States and is applied to a passenger vehicle if it:
- is a car, SUV or van with a weighted average fuel consumption of 13 litres per 100 km or higher, and
- was put into service after March 19, 2007.
Vehicles are taxed, based on weighted average fuel consumption, at the following rates:
- At least 13, but less than 14 litres per 100 km: $1,000
- At least 14, but less than 15 litres per 100 km: $2,000
- At least 15, but less than 16 litres per 100 km: $3,000
- 16 or more litres per 100 km: $4,000
For more information, please visit this website.
MSRP stands for Manufacturer's Suggested Retail Price.
MSRP is an acronym that stands for manufacturer's suggested retail price. Manufacturers (i.e. Audi) use MSRP as a base price to give retailers their estimated value of a product. This is not the usually the actual price of an item, but rather what the manufacturer suggests as the maximum price that the item could be expected to sell for.
Dealers, are free to offer the vehicle for a lesser price, but never more on a new retail vehicle.
MSRP generally does not include additional trim levels, options, accessories, Freight, PDI, administration fees, or taxes.
MSRP Definition / MSRP Means
The definition of MSRP is "Manufacturer's Suggested Retail Price"
The Meaning of MSRP
MSRP means "Manufacturer's Suggested Retail Price
FreightFreight, or destination, is the charge for getting the vehicle from the factory to the dealership. This could involve shipping the vehicle from across an ocean, driving a vehicle across the country or packing something up a bit more delicately. Manufacturers set the freight price based on the nameplate for the vehicle, so no matter where you are, you'll pay the same price. Many vehicles are not manufactured in Canada, so this set fee ensures that even if the vehicle is shipped from somewhere overseas like Japan, you'll still pay that price. These costs are also standard across the country, so someone in B.C. will be paying the same fee as someone in Ontario. This fee will usually be higher with bigger and more luxurious vehicles, as the cost to transport them will be much higher than a regular sized vehicle.
PDI (Pre-Delivery Inspection)PDI, or delivery, is the charge for a technician at the dealership to inspect the car to make sure it has no cosmetic or mechanical issues. Just because a vehicle is brand new from the factory, doesn't mean it's ready for you to take home. It's also for the wash crew to run the vehicle through the car wash and make sure the car is presentable for the new owner. They'll also apply any final touches they need such as filling up the gas tank and topping up fluids.
All-In PricingWhile the MSRP (Manufacturer's Suggested Retail Price) is the most common price you'll see in many commercials and advertisements directly from a manufacturer, that price doesn't show the whole picture. At Weins Canada, we practice something called "All-In Pricing." This means that the price we advertise includes the MSRP plus all fees, except for HST and licensing. So the prices you see on any of our dealer websites include the freight and PDI fees. This practice makes it easier for you as a customer to know exactly what you're going to be paying for a new car.
An Ontario Ministry of Transportation (MTO) Safety Standards Certificate (SSC) is a document that certifies a vehicle's fitness. You can buy and register a vehicle without a safety certificate, but you cannot put your own plates on the vehicle or drive it without one. Any inspection station in Ontario licensed by the Ministry of Transportation can issue a Safety Standards Certificate, provided your vehicle passes an inspection.
A Safety Standards Certificate is valid for 36 days after the inspection. However, the certificate is not a guarantee or warranty that the vehicle will stay fit for any period.
What is a Safety Standard Certificate (SSC)?
An SSC is a certificate that is issued by a government- approved Motor Vehicle Inspection Station (MVIS) after a vehicle passes an inspection. This inspection covers the minimum safety requirements for vehicles in the province of Ontario.
When do I require an SSC?
An SSC is required when:
- registering a rebuilt motor vehicle;
- transferring a used motor vehicle to a new owner as fit;
- registering a motor vehicle in Ontario that was previously registered in another province or country;
- changing the status of a vehicle from unfit to fit.
Is an SSC a warranty on my vehicle purchase?
An SSC is not a warranty or guarantee on the general condition of the vehicle. The SSC only certifies that on the date it was issued, the vehicle met the minimum safety standards as set down by Regulation 611 of Ontario's Highway Traffic Act (HTA).
How long is an SSC valid for?
For the purposes of transferring ownership, an SSC is valid for 36 days from the day that the SSC was issued.For full details,