Tuesday, July 04, 2006
OFT criticised for ignoring used car warranties
The OFT has come under fire from Warranty Direct for continuing to overlook the warranty restrictions being applied to the dealer dominated used car market.
The criticism comes in response to the OFT’s self-administered "pat on the back" following its intervention into the issue of service restrictions applied to new car warranties.
Duncan McClure Fisher, managing director of Warranty Direct, claimed the OFT was still ignoring 5 million used car buyers.
He said: “They (the OFT) need to make sure the restriction lifted on new cars, is repeated for the used segment, especially those in the franchised dealer controlled 3-5 year old market.”
DATED: 04.07.06
FEED: MT
The criticism comes in response to the OFT’s self-administered "pat on the back" following its intervention into the issue of service restrictions applied to new car warranties.
Duncan McClure Fisher, managing director of Warranty Direct, claimed the OFT was still ignoring 5 million used car buyers.
He said: “They (the OFT) need to make sure the restriction lifted on new cars, is repeated for the used segment, especially those in the franchised dealer controlled 3-5 year old market.”
DATED: 04.07.06
FEED: MT
