OMVIC Advertising and Disclosure Rules 2

Question 1

Under Ontario's all-in pricing rules, which of the following fees must be included in a dealer's advertised vehicle price?

Accepted Answer

Dealer administration fee

Answer

License plate fee, which varies by buyer

Answer

Extended warranty chosen by the buyer

Answer

Optional rustproofing add-on

Question 2

A dealer advertises a vehicle at $22,999 but charges a $599 'documentation fee' at the point of sale that was not reflected in the ad. This practice:

Accepted Answer

Violates OMVIC's all-in pricing advertising rules

Answer

Is acceptable if disclosed verbally before signing

Answer

Is only a violation if the fee exceeds $1,000

Answer

Is permitted as long as it is itemized on the contract

Question 3

When a dealership advertises a 'sale price' as a reduction from an original price, OMVIC requires that the original price:

Accepted Answer

Represent a genuine price at which the vehicle was actually offered

Answer

Be at least 20% higher than the sale price

Answer

Be the manufacturer's MSRP regardless of dealer markup

Answer

Be disclosed only in fine print

Question 4

A dealer's advertisement features a photo of a fully loaded trim level but the advertised price applies only to the base trim. Under OMVIC standards, this is:

Accepted Answer

A violation of misleading advertising rules

Answer

Acceptable with a small disclaimer

Answer

Permitted if both trims share the same model name

Answer

Standard industry practice

Question 5

Which of the following charges is typically exempt from inclusion in Ontario's all-in advertised vehicle price?

Accepted Answer

License and registration fees that vary by the individual buyer

Answer

Freight and PDI charges

Answer

Air conditioning tax

Answer

Dealer admin fee

Question 6

Under OMVIC advertising rules, if an ad states 'prices starting from $189/month,' what additional information is required for the ad to be compliant?

Accepted Answer

Key financing terms including down payment, interest rate, and term

Answer

Only the name of the lending institution

Answer

The vehicle's MSRP

Answer

The salesperson's name

Question 7

A dealer runs an ad claiming their prices are 'the lowest in Ontario.' Under OMVIC's Code of Ethics, this claim must be:

Accepted Answer

Based on accurate, verifiable comparative data

Answer

Filed with OMVIC before publication

Answer

Avoided entirely as it is always considered misleading

Answer

Approved by the Ontario Automobile Dealers Association