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Businesses must provide buyers with information about the vehicle and sales agreement at the time of purchase.
A comprehensive bill of sale provides information about the vehicle and sales agreement when buying or leasing a vehicle from a business. It is used to protect buyers from unexpected and unauthorized costs.
Businesses are required to provide buyers with the comprehensive bill of sale document at the time of the vehicle sale.
The following information is mandatory and must be detailed in a clear and comprehensible manner.
Additionally, the business operator must:
A deposit agreement is a contract used to identify and document the details of a deposit, down payment or partial payment paid by a buyer to a seller during a vehicle sale.
The Automotive Business Regulation states that AMVIC can require automotive businesses to use a standard deposit agreement and form as a required element in any bill of sale.
AMVIC can investigate deposit-related complaints if there is evidence that the buyer was misled or there was an unfair practice.
Visit AMVIC for more information about deposits and deposit forms.
If you have any questions, concerns or complaints regarding Alberta's automotive industry, please contact:
AMVIC Consumer Services
Phone: 780-466-1140 ext. 2002
Toll free: 1-877-979-8100 ext. 2002
Email: [email protected]
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