FRAUDULENT PRACTICES OF VEHICLE DEALERS
NEW CAR BUYERS SHORTCHANGED BETWEEN RS 5000 TO RS 15000
I would like to bring to your attention the fraudulent practice of all vehicle dealers across India in cheating new car buyers. All buyers of new vehicle across India are short changed between Rs 5000 to Rs 15000 towards registration expenses [which at best costs few hundreds] depending upon the vehicle model. Bunching registration expenses with the life tax and not providing a break up is a popular scam.
Most vehicle buyers in their enthusiasm fail to ask for a break up and are short changed by the dealers. I am writing this in the background of my latest experience with vehicle dealers.
Buyers beware, life tax is only 8% of the Ex-Showroom cost. All vehicle dealers provide an invoice that is consolidated bunching registration expenses with the life tax and they do not provide a break up. Registration expenditure should not be part of the invoice, and registration expenditure should at best work out to few hundred rupees and not several thousands.
Always ask for break ups, question all line items in the invoice. The proforma invoice at best should only contain Ex Showroom price, insurance and life tax. Other items are only optional.
Other items like extended warranty [it counts for nothing, please do not opt for extended warranty, the dealers never honour warranty programmes] and so called essential packs [which is nothing but inferior quality floor mats, dicky mats and mud flaps], which should be part of the standard offerings should be avoided by all vehicle buyers. The best quality accessories are available in the local markets at 50% of the dealership price
Please spread this message across all automotive forums to reach out to new vehicle buyers.
regards
KRISHNAN PS
CHENNAI