Trade Board holds firm to revised auto import policy
Tameka Gordon, Business Reporter
Trade Board Limited is holding firm to the provisions of the revised Motor Vehicle Import Policy (MVIP) which was effected in April, following Cabinet approval, and is actively enforcing all aspects of the revisions, said chief executive officer Victor Cummings.
The Trade Board has received "no formal complaints" regarding the provisions of the revised MVIP, Cummings told Wednesday Business following the agency's stakeholder sensitisation meeting held in Kingston last Thursday.
"We are holding firm to the policy as approved in Parliament. It was tabled on the third of April and we are administering the policy to the full extent," he said.
He said while the agency has received no complaints, it is aware of the concerns raised by "one dealer" through media reports "and we have clarified those".
Issues have been raised with the new requirement for warranties on used car purchases, which the Jamaica Used Car Dealers Association has said could be bad for business, but which the Trade Board insists will remain in place for the protection of car buyers.
"There were no objections to the policy, and the used car dealers that were there ... fully support what we are doing," Cummings said, as he reiterated the agency's call for dealers to "fix up the vehicles before selling them to consumers".
"Once you fix them, then you get the consumer to sign that the repairs have been done, and issue the warranty," said Cummings.
The MVIP sets out new conditions for warranty provision by dealers as wells as makes provisions for the determination of the model year of vehicles with the Trade Board and the Island Traffic Authority, now the sole agencies vested with this authority.
Additionally, dealers are now bound by dealer disclosure provisions requiring that, for each vehicle imported, dealers must declare in writing that they "stand by the information submitted for the vehicle".
The amended policy stipulates the length of warranty to be offered as well as imposes kilometre readings that must now be factored into the warranty offered. For example, for a Class A vehicle, dealers must now extend a 12-month or 18,000-kilometre warranty.
Under the old system, dealers typically extended a three-month or 5,500-kilometre warranty to purchasers of used cars regardless of the year of the vehicle, Cummings explained.
The MVIP is now the law of the land and must be obeyed, he said.