There seems to have been a run of situations where AMVIC Inspections have identified situations where dealers are conducting business in categories that require a separate licence in the Province of Alberta. Your annual renewal is a great time to check and ensure you are licensed for all aspects of your business. The most common miss these days seems to be in the leasing category.
Please see the various categories as defined by AMVIC:
Vehicle Sales
- Retailer (new and/or used) – authorized to sell to consumers.
- Sell new or used vehicles to the general public.
- Display vehicles for sale.
- Purchase vehicles from the general public.
- Wholesaler – NOT authorized to sell to consumers.
- Sell, consign and exchange vehicles only with other automotive businesses and never to consumers.
- Export vehicles outside of Canada.
- Purchase vehicles from consumers only to sell to an automotive business.
- Businesses may be required to provide a $50,000 security to AMVIC in the form of cash, irrevocable standby letter of credit or surety bond. Please contact licensing to inquire.
- Agent or broker – NOT authorized to sell to consumers.
- Negotiate or conduct on a consumer’s behalf an agreement in which the consumer buys, sells or leases a vehicle.
Leasing
NOT authorized to sell to consumers.
- Leasing vehicles when the term of the lease is for more than 120 days.
- In order to complete a sales transaction on a lease buy-out to a consumer after the lease agreement ends, the business must have a sales licence as well
Consignment (not all dealers use this category)
Authorized to sell to consumers.
- Sell vehicles on behalf of consignors to consumers as per a signed consignment agreement.
- Business must provide a $300,000 security to AMVIC in the form of cash, irrevocable standby letter of credit or surety bond. Please contact licensing to inquire.
Service Repair
NOT authorized to sell to consumers.
- Repair, service, install parts or equipment on vehicles.
- Dismantle and recycle vehicles for parts.
- Automotive repair license class businesses may be required to have a certified service technician on site. Click here for more information.
- Learn more about the different activities under the automotive repair licence class.