Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Caveat Emptor!: Do your homework before buying a new or used car.  Join our daily free Newsletter

MENAFN - Arab News - 10/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Arab News) The notion that complaints about cars and dealers are more prevalent in Saudi Arabia than in other countries is not accurate. In the US alone, consumers regained 98 million in compensation for shoddy cars or lousy services by car dealers last year. The range of problems is staggering, from clocking mileage to conning buyers on part-exchanged cars.A dealer in New Jersey advertised that he would take in any old car for 4,000, in part exchange for new cars worth 14,000 or more. A customer saw a car worth 14,000 and went with his old car and 10,000 to make his purchase. Yet, the dealer said the car in the advert has been sold and that he has a similar vehicle but its price is 46,000! The customer complained and a consumer protection agency investigated and found out that the new car was in fact the one advertised and is worth only 20,000. The agency forced the dealer to sell it for 14,000 as advertised.In other cases, consumers complained about technical problems in new cars that some dealers refused to put right or refund customers. Some bought high-mileage cars at inflated prices after dealers set back the meters by thousands of miles.In the absence of stringent consumer protection agencies, the only useful advice for consumers in the region is the principle of “Buyer Beware” or caveat emptor. Do your homework before buying a new or used car. There are published ranking of the most reliable cars — choose one that suits your needs from top of the list. If buying a used car, take an expert with you to examine the vehicle for condition and valuation. Also, be aware that there are departments in the ministry of commerce that would be interested in hearing your complaints about your bad consumer experience with cars, or indeed any other goods and services below standards. Sometimes the only way to get good service is to demand it. If you have an experience, good or bad, with car buying or servicing, tell us your story and Arab News may feature it.-------------------*Adel Murad is a senior motoring and business journalist, based in London. Email: [email protected
/* (function(){try{var s,a,i,j,r,c,l,b=document.getElementsByTagName("script");l=b[b.length-1].previousSibling;a=l.getAttribute('data-cfemail');if(a){s='';r=parseInt(a.substr(0,2),16);for(j=2;a.length-j;j=2){c=parseInt(a.substr(j,2),16)^r;s=String.fromCharCode(c);}s=document.createTextNode(s);l.parentNode.replaceChild(s,l);}}catch(e){}})()
/* ]]> *


 


Arab News




  MENA News Headlines
 Aug 30 2015 - Egypt- 13 smuggled medication brands confiscated from prominent Maadi pharmacyDaily News Egypt
(MENAFN - Daily News Egypt) 17 August Ministry of Health raid on a renowned pharmacy resulted in the seizure of 13 drug brands in quantities of 23 packets, according to an official statement on ...

 Aug 30 2015 - Abu Dhabi set for new hotel boomThe Arabian Post
(MENAFN - The Arabian Post) |By TAP Staff| Some 5,200 rooms are expected to be added to the Abu Dhabi hotel sector by 2017. Of this, 2,300 rooms are set to enter the market by the end of 2015 alone, ...

 Aug 30 2015 - Egypt- High-profile figures to push for Fahmy's deportation, others hope for presidential pardonDaily News Egypt
(MENAFN - Daily News Egypt) The three Al Jazeera journalists, Mohamed Fahmy, Baher Mohamed and Peter Greste, received Saturday three year prison sentences in the case also known as the 'Marriott ...

 Aug 30 2015 - 10 water stations closed, investigations ongoing in Assiut after oil leakDaily News Egypt
(MENAFN - Daily News Egypt) The Minister of Environment Khaled Fahmy, along with officials in Assiut and Beni Suef and President of the Central Administration for Environmental Crisis, Kawthar Hefni, ...

 Aug 30 2015 - Arqaam fined for money launderingThe Arabian Post
(MENAFN - The Arabian Post) The regulator of Dubai's financial free zone said on Wednesday it had fined Arqaam Capital $50,000 after investigating the Dubai-based investment bank over compliance with ...

 Aug 30 2015 - Egypt- 2 suspects killed in Fayoum amid accusations of extra-judicial killingDaily News Egypt
(MENAFN - Daily News Egypt) Two men, named as Mohamed Khames and Salem Sayed, were killed Friday morning in Fayoum as police stormed their home, while eyewitnesses claim they were unarmed.The Fayoum ...

 Aug 30 2015 - Egypt- Ministry of Interior denies hackers took down official websiteDaily News Egypt
(MENAFN - Daily News Egypt) The Ministry of Interior denied Friday evening reports that its website had been taken offline by hackers, despite the claims of a group who say they are responsible for ...

 Aug 30 2015 - Gold headed for biggest monthly drop since 2013The Arabian Post
(MENAFN - The Arabian Post) Gold fell, heading for its largest monthly decline in two years, as the Federal Reserve moved closer to boosting US interest rates for the first time since 2006.While Fed ...

 Aug 30 2015 - Egypt- Endowments ministry partners with state TV to produce weekly segmentDaily News Egypt
(MENAFN - Daily News Egypt) The Ministry of Religious Endowments launched a religious segment on Saturday in partnership with state television that aims to counter "extremist religious ideology".In ...

 Aug 30 2015 - Turkey launches first coalition airstrikes against ISDaily News Egypt
(MENAFN - Daily News Egypt) Turkish fighter jets have hit "Islamic State" targets in Syria € for the first time as part of the US-led coalition. Turkey took on a more active role in the fight against ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help