Car dealers without effective processes or after-sales strategies to
ensure the quality of their offerings may experience significant rise in
business costs.
Consumers may make more assertive defect claims under
the new law.
A dealer's profit margin decisions may also need to account
for higher provisioning costs for repairs, replacements, reduction in
price or even a refund.
Our interviews had discovered some car traders, in particular official
new car dealers, are already making very serious efforts to ensure
correct labelling and avoidance of misrepresentations.
We view materials
explicitly pointing out limitations or defects to the consumer as a
likely imperative for cars and many other goods, new or used.
Source: Business Times © Singapore Press Holdings Ltd

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