Govt lifeline to used car dealers | Used Cars New York

Govt lifeline to second-hand car dealers

By Clint Chan Tack and Sasha Harrinanan Friday, July 22 2011

GOVERNMENT yesterday involvement a lifeline to the home foreign second-hand car ,manufacturing by extending the age boundary of the cars as of four to six years.

Trade and Industry Minister Stephen Cadiz complete petroleum announcement at the post-Cabinet information conference at the Office of the Prime Minister, St Clair yesterday.

Recalling a draft second-hand car policy was obtainable to Cabinet previous December and consultations on so as to policy quick put in February, Cadiz said, œCabinet has now decided to moving the age of the vehicles as of four existence to six existence inclusive of the present day of importation. So the present day is leaving to be in use eager on consideration.

Asked consequences petroleum age boundary on imported foreign second-hand cars was fixed, Cadiz said, œOur blame is to the customer and to create sure so as to the customer is receiving a pale shake. He supposed if petroleum policy is not exposed to be in the the majority excellent attention of the consumer, Government counting appraisal it œand create the ,essential changes.

Asked consequences petroleum measure counting create foreign second-hand cars additional affordable to consumers, Cadiz replied, œThe issue of pricing of foreign second-hand vehicles, so as to is an issue for the market. The marketplace determination decide come again? it is ready to pay for what. Therefore, the Government is by no income in a place to decide that.

Cadiz supposed the present yearly quota scheme of 13,500 foreign second-hand vehicles imported eager on TT determination stay in result awaiting January 1, 2013, at what time it determination be reviewed. He additional custom Government has accepted a three-month incomplete warranty on foreign second-hand vehicles.

Noting persons get delivery of a œfull blown factory warranty at what time contain buy a new car, Cadiz supposed Government feltit was not pale to be relevant genuine a warranty œto a second-hand part of equipment.

He supposed an administrative arrangement determination be recognized recognized by his ministrys deal comprise component and the Legal Affairs Ministrys Consumer Affairs Division to monitor complaints by customers after that to foreign second-hand car dealers and any errant dealers counting be dealt with. Cadiz supposed his ministry determination too liaise by means of Customs and the Licensing Authority œto create sure present is a pale and height playing field at what time it moderator to the foreign second-hand car business.

He supposed Government was considering pale deal legislation andthere was no issue of dumping of foreign second-hand vehicles in TT but present was dumping on additional punitive construct his ministry is addressing.

He supposed any vehicle in excess of five existence old have to undergo a pre-registration inspection. œSo still although the age ofthe vehicle has person's name extended as of four existence to six years. It income so as to any vehicle pending in now determination contain to go in excess of the pit, he said.

But present was varied reaction as of the dealers. œElated was the reply of Trinidad and Tobago Automotive Dealers Association (TTADA) president Visham Babwah as,at the same time as the skull of the Automotive Dealers Association of Trinidad and Tobago (ADATT) Philip Knaggs supposed he was œvery, extremely disappointed by the decision.

Babwah and his 100-plus talk to now content since the greater supposed before age boundary was completely major lobbying tip throughout the February 22 consultation in Chaguanas.

œThis proves petroleum Government is actually listening to the people. Being clever to bring in cars so as to are up to six existence old counting let our center customers; inferior and center profits people, to on one occasion once more buy a vehicle and it counting save a lot of TTADA talk to as of bankruptcy, Babwah said.

He too accredited TTADAs complaint inquisitiveness weeks ago exterior the ministrys skull put of work on Independence Square, Port-of-Spain by means of serving to convince Cadiz of the require to add to the age limit, as,because the cost of newer Japanese vehicles had person's name on the go up for a number of occasion and had skyrocketed ,next the devastating Tsunami so as to hit the Asian nation in March.

œNow so as to we can bid for slightly older cars on the auction block, I stay for our clientele counting be clever to save recognized by $20,000 and $30,000 dollars. However, I cant say come again? the genuine savings counting be awaiting I appraisal the ,whole Policy and come again? has person's name determined on vehicle and engine taxes and duties, Babwah said.

But Knaggs said, œit was a mistake, one so as to is sending the incorrect communication to car dealers and the community concerning vehicle principles on petroleum country.

Knaggs supposed in its place of maintaining a three-month warranty on second-hand vehicles, Cadiz be hypothetical to contain œforced second-hand car dealers to present a one-year warranty on completely vehicles and implemented a boundary on engine sizes.

œPeople now allowable to bring in foreign second-hand cars to serve a sure segment of the population, not to let an important person to save cash at what time contain desire to but big vehicles similar to an SUV. There be hypothetical to be a 1.6 litre engine cap on foreign second-hand vehicles. I too believe Government be hypothetical to contain abridged the taxes on new vehicles by means of heavy of 1.6 litres or less, Knaggs said.

On the warranty issue, Babwah told Newsday petroleum policy had person's name in survival as,because concerning 2006.

œAll second-hand car dealers give a three-month or 3,000 supplies warranty on completely vehicles, so as to is not new. As Minister Cadiz explained, customers lined stay for to get the similar three-year warranty on second-hand cars so as to contain get on a new one as of the manufacturer. I too contain the similar opinion by means of the minister so as to allowing us to bring in six-year-old vehicles counting not consequence in ˜dumping of lesser cars on the restricted market. These cars are in high-quality state and far above the ground demand, advantage TT customers counting not believe rubbish so present is no query of old cars existence form imported here, Babwah said.

But Knaggs lady the age add to counting guide to inferior, cars by means of inferior emission principles clogging up the main by now filled of activity roads.

œThis is a definitive pace backward, it counting guide to additional gridlock. Six-year-old cars are six existence closer to existence form un-road worthy, Knaggs said.

Article source: http://www.newsday.co.tt/news/0,144258.html