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OMVIC All-In Price Advertising and Standards Flashcards

7 cards from real OMVIC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 OMVIC All-In Price Advertising and Standards flashcards as text

  1. A dealer places a vehicle on a third-party classifieds website at $18,000 but lists the same vehicle in their showroom at $19,500. Under OMVIC rules, this is:

    Answer: A potential violation — advertising the same vehicle at different prices creates consumer confusion and violates consistency requirements

    Advertising the same vehicle at inconsistent prices across platforms is deceptive and violates OMVIC's standards requiring honest and accurate advertising.

  2. What happens to a dealer's OMVIC registration if they are found to have repeatedly violated all-in price advertising standards?

    Answer: They may face suspension or revocation of their dealer registration

    Repeated advertising violations are serious regulatory breaches that can result in suspension or revocation of a dealer's OMVIC registration.

  3. A new car dealer advertises a vehicle at $45,000 all-in. The manufacturer later announces a price increase. The dealer then charges the buyer $46,500 when they come to sign. Under OMVIC rules:

    Answer: The dealer is bound by the advertised price unless the buyer was clearly notified of the change before signing

    The advertised price creates a reasonable expectation; dealers must notify buyers of price changes before they commit, not surprise them at signing.

  4. Under OMVIC's advertising standards, what is required of a dealer who advertises a vehicle with a promotional cash rebate offer?

    Answer: Clearly disclose the rebate amount, eligibility conditions, and any expiry date

    Promotional offers including rebates must be advertised with full disclosure of the amount, eligibility conditions, and any time limits to avoid misleading consumers.

  5. A dealer buys a vehicle at auction and lists it for sale the same day at an all-in price without a safety certificate. The advertisement should:

    Answer: Clearly state whether the vehicle is sold 'as-is' (uncertified) or will be certified and at what price

    Advertising a vehicle without clarity about its certification status could mislead buyers about the true purchase cost; the ad must state whether it is certified or uncertified.

  6. What is the correct OMVIC definition of 'all-in price' for advertising purposes?

    Answer: The total price of the vehicle including all dealer fees and charges, excluding HST and licensing only

    OMVIC defines all-in price as the total price the consumer will pay including all dealer-generated fees, with the only permitted exclusions being HST and actual government licensing charges.

  7. A salesperson tells a prospect that the advertised all-in price does not include 'dealer profit.' Under OMVIC's advertising rules, is 'dealer profit' a permitted additional charge?

    Answer: No, dealer profit must be built into the advertised all-in price

    There is no such thing as a separately chargeable 'dealer profit' fee — the all-in price must include all revenue the dealer derives from the sale.