Exchange Privilege

With an Optimum Vehicle, you can never make the wrong decision. If you find the
Optimum Vehicle you've purchased or leased isn't right for you, or if you're not
completely satisfied with your choice, simply exchange it for another vehicle. Included
with your Optimum Vehicle is a 30 day or 2,500 kilometre exchange privilege. Compare
this offer to other manufacturer offers and you will find our exchange offer to
be one of the best on the market.
Vehicle Exchange Privilege
If, for any reason, you're not completely satisfied with your Optimum Used Vehicle
you may exchange it within the first 30 days or 2,500 kilometres, whichever
comes first, of the date of purchase for any other eligible Optimum Vehicle.
If the purchase price of the replacement vehicle is less than the purchase price
of the vehicle being returned, you'll receive credit for the difference. If the
purchase price of the replacement vehicle is more, you simply pay the difference.
Eligibility / Exclusions
All Optimum Vehicles, unless indicated by your Optimum Dealer, are eligible for
the Exchange Privilege if exchanged with the selling dealer within the first 30
calendar days or 2,500 kilometres, whichever occurs first, of the date of purchase.
- The vehicle must currently be owned or leased by the retail purchaser/lessee of
the Optimum Used Vehicle.
- The vehicle must be returned in the condition in which it was delivered to the customer,
without damage or excessive wear and tear.
The One Time Exchange Privilege excludes vehicles based on the following criteria:
- Fleet purchase or fleet lease vehicles
- Vehicles used for livery, daily rental, hearse, taxi, limousine, snowplowing or
delivery services
- The customer has previously returned a vehicle under the Optimum Used Vehicles One
Time 30 Day or 2,500 Kilometre Exchange Privilege within a period of 12 months commencing
on the return date of that previously returned vehicle
- Optimum Vehicles that have had after-market accessories installed (e.g., radio or
alarm system) unless installation was performed or sublet by the selling Optimum Dealer.
Vehicle Inspection
Any vehicle returned under the Exchange Privilege will be inspected by the Optimum
Dealer for damage and excessive wear and tear. If non-warranty repairs equal to
or greater than $300 have been performed or are necessary, the vehicle is not eligible
to be returned. If less than $300, the damage repair estimate will be deducted from
the credit amount applied to the returned vehicle.
Valuation of the Returned Vehicle
The "Agreed Upon Exchange Value" will be used in determining the refund value to
be applied to the replacement vehicle.
Exchange and Wait Provision
There may be instances when a customer elects to exchange a vehicle under the Exchange
Privilege and wait for a replacement vehicle instead of buying or leasing one from
the dealer's available inventory. In these cases, the selling dealer will not provide
alternate transportation or allow a customer to keep the original vehicle while
the replacement vehicle is secured.
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