Deposits and Deposit Agreements are covered in BC’s VSA Level 1 Salesperson Licencing course. Here’s a recap of recommended practices.
DETAIL CONDITIONS of DEPOSIT
With a written purchase agreement, the Motor Dealer Act Regulation requires that all conditions applicable to a deposit are clearly detailed. (more…)
In the month of October, the Vancouver Police have identified a suspect that has stolen five Escalades and attempted a sixth.
The suspect is an E/I male who brings along another male (sometimes E/I and heavy set and sometimes a W/M thin and gaunt). He asks to see the Escalades (not test Drive) and one male distracts the salesman while the key switch occurs. The suspects then return and steal the vehicle, stripping the wheels from the truck. We (more…)
