Mist100:
A colleague discussed with me about his desire to set up a platform where he can sell accidented cars and refer buyers to partner auto shops for onward fixing with considerable guarantee.

You have a choice of fixing your car yourself with your own mechanic but he will strongly recommend his trusted auto shops. The concept is being transparent and delivering exact value for money. How viable do you think this idea is?

CityNG:


Personally I think it's a very bad idea and a disservice to the Nigerian automotive public.

That being said I guess as long as there is full disclosure to buyers and they know what they are getting into then it's okay.

I will never sell or broker a salvaged or reconstructed titled vehicle to my fellow human beings even at their insistence. I don't need money that bad.

With careful shopping a buyer should be able to get a good vehicle that is not salvaged for a good price but our people are greedy. It seems that everybody wants a 2010 Honda Accord with a salvaged titled rollbacked mileage instead of say a 2005 clean title from the original owner with verifiable care of ownership.

ZIMDRILL:



you are missing the idea

buying a salvaged car is always cheaper and those who buy they would have done the maths i.e expenses to put it back on the road and it always cheaper as compared to fully driving one

Remember the seller is selling the car in its damage form and the buyer will access whether the car can be put back into the road within targeted budget

the buyer is not being conned, they make decision on what they see

CityNG:


I'm not missing the idea and you just think I am.

My opinion still says that this is an unnecessary risk for consumers to take.

It is my intention on this platform to guide and encourage car buyers to avoid ALL salvaged vehicles as a matter of principle. I will do this within the confinements and abiding by the TOS of the site.

Making salvaged vehicles available to consumers is just a bad idea all the way around.

This is one of the reasons why I think the Federal Government should impose a 150% surcharge on all importations of motor vehicles.

PS: I never also said that they were being conned. In fact what I said was "That being said I guess as long as there is full disclosure to buyers and they know what they are getting into then it's okay.".

Allegedly adding 3 more floors to a building designed for two floors without going through the proper protocol was seemingly cheaper too, but we know how that ended. Just because something is cheaper doesn't mean it's better. In fact economic dictates that the alternative is true.

chillex8:


You are still missing the idea

CityNG:


I'm not missing the idea and you just think I am.

My opinion still says that this is an unnecessary risk for consumers to take.

It is my intention on this platform to guide and encourage car buyers to avoid ALL salvaged vehicles as a matter of principle. I will do this within the confinements and abiding by the TOS of the site.

Making salvaged vehicles available to consumers is just a bad idea all the way around.

This is one of the reasons why I think the Federal Government should impose a 150% surcharge on all importations of motor vehicles.

PS: I never also said that they were being conned. In fact what I said was "That being said I guess as long as there is full disclosure to buyers and they know what they are getting into then it's okay.".

Allegedly adding 3 more floors to a building designed for two floors without going through the proper protocol was seemingly cheaper too, but we know how that ended. Just because something is cheaper doesn't mean it's better. In fact economic dictates that the alternative is true.

CityNG:


You can believe what will support you being morally flexible.

I've made my point for potential buyers to consider.

Good day, CityNG out.

Mist100:
A colleague discussed with me about his desire to set up a platform where he can sell accidented cars and refer buyers to partner auto shops for onward fixing with considerable guarantee.

You have a choice of fixing your car yourself with your own mechanic but he will strongly recommend his trusted auto shops. The concept is being transparent and delivering exact value for money. How viable do you think this idea is?

Gluck4cars:
My investigation and industry experience proofs that most cars sold in Nigeria's tokunbo market are salvage titles. Examples are accidented and even flooded, which comes with damaged electrical modules/ecu. So, to that extent your idea is not new. What I think is new is that you want to execute your transactions with full disclosure of the vehicles actual status and also offer advice on were repairs could be procured.

It should be very viable because the vehicles are offered very cheap since they are already written-off by insurance and so very affordable to your buyers. However, you need to check-out how your proposal will fit into Nigerian government's new policy of SON inspection certificate for used imported vehicles (cost N20k). [b]Check SON guideline for what would pass. They are to stop the entry of certain grade of salvaged vehicles.[/b]

chillex8:


This has got nothing to do with morality and what not....

The vehicle is made available to a potential buyer, and the title is stated.

Now, is Left for the buyer to decide if he can repair and get max value from the said vehicle, or opt out...

Point is, the vehicle is available, and its the buyers choice..

Cheers.

Gluck4cars:
My investigation and industry experience proofs that most cars sold in Nigeria's tokunbo market are salvage titles. Examples are accidented and even flooded, which comes with damaged electrical modules/ecu. So, to that extent your idea is not new. What I think is new is that you want to execute your transactions with full disclosure of the vehicles actual status and also offer advice on were repairs could be procured.

It should be very viable because the vehicles are offered very cheap since they are already written-off by insurance and so very affordable to your buyers. However, you need to check-out how your proposal will fit into Nigerian government's new policy of SON inspection certificate for used imported vehicles (cost N20k). Check SON guideline for what would pass. They are to stop the entry of certain grade of salvaged vehicles.

Personally I think it's a very bad idea and a disservice to the Nigerian automotive public.

That being said I guess as long as there is full disclosure to buyers and they know what they are getting into then it's okay.

I will never sell or broker a salvaged or reconstructed titled vehicle to my fellow human beings even at their insistence. I don't need money that bad.

With careful shopping a buyer should be able to get a good vehicle that is not salvaged for a good price but our people are greedy. It seems that everybody wants a 2010 Honda Accord with a salvaged titled rollbacked mileage instead of say a 2005 clean title from the original owner with verifiable care of ownership.