The Motor Vehicle Sales Authority of British Columbia
The VSA's glossary of terms
| Term | Definition |
|---|---|
| Manufacturer’s Warranty |
A warranty provided by the manufacturer of a vehicle that is provided with a new vehicle at no additional cost to the purchaser and is for a specific length of time and/or mileage. |
| Material Fact |
Information that may have a significant effect on a consumer’s decision whether or not to buy a product or service. A fact or information that would be important to a reasonable person in deciding whether to engage or not to engage in a particular transaction |
| Misleading Advertisement |
Has the same meaning as a deceptive advertisement. An advertisement that has the capacity, tendency or effect of deceiving or misleading a consumer or guarantor. |
| MSRP |
Manufacturer’s Suggested Retail Price (MSRP) or sticker price – means the price of a new vehicle that: is labelled and priced by the manufacturer and not by the dealer; is the price the manufacturer recommends that the dealer sell the new vehicle for; includes a list of all of accessories and items of optional equipment physically attached to the new vehicle and the individual price of each accessory or item of optional equipment; includes transportation charges for its delivery to the dealer, and includes any pre-delivery and inspection charges. |
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
