National / Dealer Advertisement:
Also called a co-op ad. These ads name a specific dealer or group of dealers. The dealer(s) are named regardless of whether the manufacturer or the dealer(s) pay for some or all of the cost of the ads.
National Advertisement:
An advertisement for a new vehicle. These ads are designed or approved by a manufacturer. These ads do not identify any local dealer.
NCDA (New Car Dealers Association of BC):
A group that speaks on behalf of BC’s new car industry. They may speak to the public, media, and government. The group focuses on legal, environmental, and consumer issues.
New Vehicle:
A vehicle that has not previously been registered and is new from the factory. A new vehicle has been driven very few km.
Non-Interest Finance Charge:
A fee that a borrower is required to pay in relation to a vehicle loan. Examples include:
Fees to a third party for registration and information about ownership interests
Fees for professional inspections and reports regarding a vehicle
Insurance premiums
This fee does not include:…
Non-refundable:
Payment of money that will not be returned. These payments include deposits, down payments and partial payments. The terms of a non-refundable payment must be clear.
Normal:
Status given to a vehicle that is not rebuild or rebuilt, salvage, or altered. "Normal" is used for vehicle registration. A normal status does not mean the vehicle has never been damaged or is in good mechanical condition. Status alone does not fully describe a vehicle's mechanical condition or…
Not Suitable for Transportation:
A status given to a vehicle that is not insurable for road use.
