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    April 2, 2021
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STARMETROLAND SPONSORED OMVIC SHUTTERSTOCK The dealer has failed to satisfy a court judgment that has become final. FINANCIAL PROTECTION FOR ONTARIO CAR-BUYERS The dealer has failed to make a payment on an extended warranty contract. The dealer has had its licence revoked by OMVIC'S Registrar for various reasons, including issues related to the consumer's vehicle transaction. Discover the consumer protection program that can provide peace of mind if something goes wrong with your car purchase or lease agreement offer advice and in some cases, attempt to negotiate a settlement between a buyer and a dealer. OMVIC ean inform consumers For over two decades, OMVIC has f you suffer a financial loss as a result of a vehicle purchase, the Motor Vehicle Dealers Compensation Fund (MVDCF) may be available to provide relief if you meet the eligibility criteria, which includes purchasing from an Ontario Motor Vehicle Industry Council (OMVIC)- registered dealer. As the oldest and largest fund of its kind in Canada, the MVDCF is a consumer protection program administered by OMVIC and financed by registered motor vehicle if they are eligible to apply for compensation through the MVDCF. If they are, OMVIC will assist consumers with the application to ensure the process is as smooth as possible. They can also help you understand the compensation fund's eligibility criteria, and how much you may be entitled to, which is set at a maximum of $45,000 per vehicle transaction. The MVDCF is available as a last supported consumers and provided them with peace of mind when buying or leasing a new vehicle. Since its creation, the compensation fund has paid out over $6.5 million in claims to help consumers recover financial losses. Contacting OMVIC at the start of your car buying journey is the best way to get informed and protect yourself. For more information on the compensation fund and to determine if you're eligible for a claim, call OMVIC today at 1-800-943-6002 or email compfund@omvic.on.ca. You can also contact the consumer support team at consumers@omvic.on.ca. that involves research, test drives and ultimately putting your hard-earned money into purchasing a vehicle, But, what can you do when something goes wrong with your purchase or lease agreement? For example, an unreturned deposit on a vehicle the dealer failed to deliver. In many cases, consumers can solve issues by speaking directly with the dealer. However, if buyers and dealers cannot come to a resolution, OMVIC is there to help. Your first point of contact should be OMVIC's consumer support resort to assist consumers in making a claim against an OMVIC-registered dealer for a vehicle purchase gone wrong. There are many issues which could make a consumer eligible for compensation, including: dealers in Ontario. Buying a car is an exciting milestone team. They can review complaints, This content was funded and approved by the advertiser. STARMETROLAND SPONSORED OMVIC SHUTTERSTOCK The dealer has failed to satisfy a court judgment that has become final. FINANCIAL PROTECTION FOR ONTARIO CAR-BUYERS The dealer has failed to make a payment on an extended warranty contract. The dealer has had its licence revoked by OMVIC'S Registrar for various reasons, including issues related to the consumer's vehicle transaction. Discover the consumer protection program that can provide peace of mind if something goes wrong with your car purchase or lease agreement offer advice and in some cases, attempt to negotiate a settlement between a buyer and a dealer. OMVIC ean inform consumers For over two decades, OMVIC has f you suffer a financial loss as a result of a vehicle purchase, the Motor Vehicle Dealers Compensation Fund (MVDCF) may be available to provide relief if you meet the eligibility criteria, which includes purchasing from an Ontario Motor Vehicle Industry Council (OMVIC)- registered dealer. As the oldest and largest fund of its kind in Canada, the MVDCF is a consumer protection program administered by OMVIC and financed by registered motor vehicle if they are eligible to apply for compensation through the MVDCF. If they are, OMVIC will assist consumers with the application to ensure the process is as smooth as possible. They can also help you understand the compensation fund's eligibility criteria, and how much you may be entitled to, which is set at a maximum of $45,000 per vehicle transaction. The MVDCF is available as a last supported consumers and provided them with peace of mind when buying or leasing a new vehicle. Since its creation, the compensation fund has paid out over $6.5 million in claims to help consumers recover financial losses. Contacting OMVIC at the start of your car buying journey is the best way to get informed and protect yourself. For more information on the compensation fund and to determine if you're eligible for a claim, call OMVIC today at 1-800-943-6002 or email compfund@omvic.on.ca. You can also contact the consumer support team at consumers@omvic.on.ca. that involves research, test drives and ultimately putting your hard-earned money into purchasing a vehicle, But, what can you do when something goes wrong with your purchase or lease agreement? For example, an unreturned deposit on a vehicle the dealer failed to deliver. In many cases, consumers can solve issues by speaking directly with the dealer. However, if buyers and dealers cannot come to a resolution, OMVIC is there to help. Your first point of contact should be OMVIC's consumer support resort to assist consumers in making a claim against an OMVIC-registered dealer for a vehicle purchase gone wrong. There are many issues which could make a consumer eligible for compensation, including: dealers in Ontario. Buying a car is an exciting milestone team. They can review complaints, This content was funded and approved by the advertiser.