askST: What should I look out for when buying a vehicle from a car dealership?

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askST: What should I look out for when buying a vehicle from a car dealership?
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518 complaints were lodged against the motorcar industry from January to May 2023. Read more at straitstimes.com.

that Case received 1,061 and 1,213 complaints against the motorcar industry in 2021 and 2022, respectively – the fourth highest in both years among industries.Here are some things you should look out for, if you are in the market for a new ride.

According to SVTA’s website, the CaseTrust-SVTA accreditation is given to businesses that have “good sales practices and standards”, and have policies such as an insurance bond capped at $50,000 to protect the customer’s fees and deposits paid in the event of an unresolved dispute. “Authorised distributors are companies that have been granted exclusive distribution rights for a particular car brand, from the manufacturer of the vehicle,” said Mr Soh.

“A typical dealership sales and purchase agreement would usually state the payee’s name, which is the company’s name,” said Mr Soh.

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