Under the MVDA 2002, the trade-in allowance offered by a dealer must be:
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A
At least 80% of the vehicle's current Canadian Black Book wholesale value
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B
Stated in writing in the purchase contract and not altered after the contract is signed
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C
Independently verified by a third-party appraiser before the sale is completed
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D
Equal to the amount owed on the customer's financing on the trade-in vehicle