The Motor Vehicle Sales Authority of British Columbia
The VSA's glossary of terms
| Term | Definition |
|---|---|
| Canadian Import |
Refers to a vehicle previously registered in another province. |
| CarProof |
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 |
"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. |
| Curber |
An individual who poses as a private seller, but conducts business by selling vehicles for profit. |
Consumer Information
Tip of the Week
April 08, 2013
PST Rules for Leased Vehicles
April 05, 2013
Suzuki Leaves Canadian Vehicle Market
March 26, 2013
Where Flood Damaged Vehicles Should Go
March 20, 2013
VSA Takes Part in Consumer Awareness Week
March 19, 2013
Same Sales Tax with Dealers, but Benefits Greater
March 11, 2013
