Licence suspended immediately for North Bay car dealership
D.L Auto Brokers may not legally sell, lease, buy or consign vehicles
A used car dealership in North Bay, Ont., has had its registration suspended by the Ontario Motor Vehicle Industry Council (OMVIC.)
The immediate suspension of D.L. Auto Brokers at 518 Lakeshore Drive is due to an inspection and consumer complaints says Terry O'Keefe, the director of communications at OMVIC.
It's alleged the operators did not remove liens from at least two vehicles that were traded in and from two vehicles that were then sold.
The operators also:
- failed to inform OMVIC that the corporation had filed for bankruptcy;
- did not deposit proceeds of vehicle sales into the dealership bank account as required
- were not operating from the dealerships registered location
- sold vehicles consigned by other dealers without required consignment contracts and without disclosing to consumers the vehicles were being offered for sale on a consignment basis
- failed to maintain and/or produce records for inspection
- employed unregistered salespersons.
O'Keefe says the good news for consumers is that D.L Auto Brokers is a registered dealer.
"Consumers who buy from a registered dealer are protected. OMVIC has a compensation fund and protects individual consumers for up to $45,000 so we're hopeful that any consumers that are harmed as a result of this will be able to be made whole by the compensation fund," says O'Keefe.
The dealer has 15 days to appeal the suspension. If they appeal, there will be a hearing before the License Appeal Tribunal.
This type of suspension by OMVIC has only happened twice before: in Sudbury in 2014 and in Sault Ste Marie two months ago.
With files from Angela Gemmill