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
 Oct 9 2015 - Qatar- QSE falls 34 points, bullish phase continuesGulf Times
(MENAFN - Gulf Times) Qatar Stock Exchange failed to surpass the 11,800 mark as its key index lost 34 points, after being in a bullish phase for the last three consecutive sessions.Consumer goods, ...

 Oct 9 2015 - Saudi said to order spend curbs amid oil price slumpGulf Times
(MENAFN - Gulf Times) Saudi Arabia is ordering a series of cost-cutting measures as the slide in oil prices weighs on the kingdom's budget, according to two people with knowledge of the matter.The ...

 Oct 9 2015 - KSA- SABB Q3 profit rises 7.7% to $304mnGulf Times
(MENAFN - Gulf Times) Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 7.7% rise in third-quarter net profit yesterday, in line with analyst forecasts. The bank, an ...

 Oct 9 2015 - Qatar wealth fund said interested in Glencore agriculture unit saleGulf Times
(MENAFN - Gulf Times) The sovereign wealth fund of Qatar has joined investors expressing an interest in buying a minority stake in Glencore's agriculture business, according to three people familiar ...

 Oct 9 2015 - Almost 300 Europe-bound migrants arrested in LibyaGulf Times
(MENAFN - Gulf Times) Libyan authorities said almost 300 migrants, a third of them from Senegal, were arrested Thursday as they prepared to board boats for the Mediterranean crossing to Europe."After ...

 Oct 9 2015 - Netanyahu moves to lower tensions over holy siteGulf Times
(MENAFN - Gulf Times) Prime Minister Benjamin Netanyahu has banned Israeli cabinet ministers and legislators from visiting a sensitive Jerusalem holy site where rising tensions have spilled over into ...

 Oct 9 2015 - France carries out fresh strikes against IS in SyriaGulf Times
(MENAFN - Gulf Times) France said on Friday it had carried out a second wave of strikes overnight on Islamic State targets in Syria and accused Russia of failing to target the group."Two Rafale jets ...

 Oct 9 2015 - UN envoy proposes Libya unity governmentGulf Times
(MENAFN - Gulf Times) UN envoy Bernardino Leon proposed a Libyan unity government on Friday aimed at ending years of conflict, but the plan was quickly dismissed by members of the country's two rival ...

 Oct 9 2015 - Tunisian dialogue mediators win Nobel Peace PrizeGulf Times
(MENAFN - Gulf Times) Tunisia's National Dialogue Quartet won the Nobel Peace Prize on Friday for building democracy in the country after the 2011 revolution which unleashed the Arab Spring.The award ...

 Oct 9 2015 - Four Arabs stabbed in southern Israel, Jewish suspect heldGulf Times
(MENAFN - Gulf Times) Four Arabs were stabbed in a town in southern Israel on Friday and a Jewish suspect was arrested, police said. The attacks follow a surge in knife violence by Palestinians ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

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


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


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