The VSA's glossary of terms
Refers to a vehicle previously registered in another province.
A Canadian-based used-vehicle history reporting service. For a fee, CarProof enables you to use the Internet to search by the VIN for a complete vehicle history report.
"Cooling-off" period only applies to leasing vehicles. After you enter into a lease agreement with the motor dealer, you may cancel the lease without penalty within the one full business day (which includes a Saturday) that a motor dealer is supposed to physically keep the vehicle in their possession. You may waive this requirement in writing. Contrary to popular belief, there is no cooling-off period on the purchase or finance of a new vehicle in British Columbia. A dealer may have a return or exchange policy, which the purchaser should get a copy of in writing prior to purchase.
An individual who poses as a private seller, but conducts business by selling vehicles for profit.
Tip of the Week
April 08, 2013
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March 11, 2013