Advance Disposal Fee (tire levy)
Charge buyers must pay, per new tire, when they purchase a new or used vehicle.
Advertisement (ads):
Method of urging buyers to buy certain vehicles, products, or services. Ads may be written, spoken, or visual. Ads may be delivered directly or indirectly. Examples include:
a price sticker on a vehicle
a poster at a dealership
a sales pitch made by a salesperson at promotional or marketing…
Aftermarket Warranty (aftermarket extended warranty):
A warranty provided by a third party. This warranty is for a used vehicle and has an added cost.
Air Conditioning Tax or Air Conditioning Recovery Fee:
A charge buyers must pay at the time they purchase a new vehicle. The charge allows the dealer to recover the tax paid to the federal government by the manufacturer. For the buyer, this charge is part of the price, not a tax.
Altered:
A status given to a vehicle that has been significantly modified after manufacturing. Altered is also a status given to homemade and other constructed vehicles. This status indicates the vehicle has been inspected and is structurally sound. The status is added after the vehicle passes inspection.
APR (Annual Percentage Rate):
An interest calculation for the amount of interest that adds up over a one-year period. BC law sets out a formula for the calculation.
APV9T Transfer/Tax Form:
Commonly called an ICBC Transfer Form.This form is used to transfer ownership of a motor vehicle from one person to another. The form includes:
A description of the vehicle
Required declarations
The purchase price
The names and addresses of the buyer and seller
Signatures of the buyer and…
ARA (Automotive Retailers Association):
a non-profit group that serves as the voice of the BC automotive industry. The ARA offers education, representation, and member services. The ARA promotes a high standard of service by retailers. The ARA also promotes public safety and satisfaction.
As-is Where-is:
Sold in current state or condition, with all of its faults. This clause should not be part of a standard vehicle sales contract. Buyers have an implied right that vehicles purchased from a dealer can be used as transportation.
