Also called a co-op ad. These ads name a specific dealer or group of dealers. The dealer(s) are named regardless of whether the manufacturer or the dealer(s) pay for some or all of the cost of the ads.
National / Dealer Advertisement:
National Advertisement:
An advertisement for a new vehicle. These ads are designed or approved by a manufacturer. These ads do not identify any local dealer.
NCDA (New Car Dealers Association of BC):
A group that speaks on behalf of BC’s new car industry. They may speak to the public, media, and government. The group focuses on legal, environmental, and consumer issues.
New Vehicle:
A vehicle that has not previously been registered and is new from the factory. A new vehicle has been driven very few km.
Non-Interest Finance Charge:
A fee that a borrower is required to pay in relation to a vehicle loan. Examples include:
Fees to a third party for registration and information about ownership interests
Fees for professional inspections and reports regarding a vehicle
Insurance premiums
This fee does not include:
Interest
Prepayment or default penalties
Charges for optional cash, services, or products.
Non-refundable:
Payment of money that will not be returned. These payments include deposits, down payments and partial payments. The terms of a non-refundable payment must be clear.
Normal:
Status given to a vehicle that is not rebuild or rebuilt, salvage, or altered. "Normal" is used for vehicle registration. A normal status does not mean the vehicle has never been damaged or is in good mechanical condition. Status alone does not fully describe a vehicle's mechanical condition or damage history.
Not Suitable for Transportation:
A status given to a vehicle that is not insurable for road use.
