The Motor Vehicle Sales Authority of British Columbia

Wednesday, 19 Jun 2013

The VSA's glossary of terms

Search for glossary terms (regular expression allowed)
Begins with Contains Exact term
All A B C D E F G H I L M N O P R S T U V W
Term Definition
Partial Payment

If the taking of a deposit is part of an agreement to purchase a specific vehicle when all the terms and conditions are known, it may be a partial payment and the consumer then has a vested interest in the vehicle

Parts and Labour Warranty

A limited warranty usually provided by the dealership to reduce the cost of future repairs to a used vehicle if it is repaired at the dealership.

Parts Only

A vehicle that is Not Suitable for Transportation. If a vehicle is sold as Parts Only it cannot be driven off the dealer’s lot and must be towed.

PDI

Pre-Delivery Inspection completed on a new vehicle by a dealership following delivery from the manufacturer.

Price Benefit or Advantage

An inducement to purchase a vehicle which results in an actual savings for a purchaser.

Private Sale

The sale of a vehicle to an individual from another individual who is selling their personal property.

Private Vehicle Inspection or PVI

An inspection done by a Designated Inspection Facility to determine if the vehicle meets the legal requirements under the Motor Vehicle Act and its regulation for such safety concerns as brakes, lights, horn, steering etc.

Pro-Pac or Protection Package

Optional service offered for an extra price and aimed at making on-going maintenance of the vehicle simpler and easier by professionally applying additional exterior and interior protection.

Provincial Safety Inspection

An inspection done by a Designated Inspection Facility to determine if a vehicle meets legal requirements under the Motor Vehicle Act for such safety concerns as brakes, lights, horn, steering etc

Purchase Agreement

A legal document prepared by a seller (dealer) to a buyer (consumer), reporting that on a specific date, at a specific locality, and for a particular sum of money and/or trade, the seller sold to the buyer a specific vehicle of which he had lawful possession. It is a written instrument which evidences the transfer of title to personal property from the seller to the buyer. A sample purchase agreement can be found here

Glossary 2.7 uses technologies including PHP and SQL