[3.15 Planning] Insider on the licensing of cars in 4S shops: Private mortgage certificates for funds

CCTV's 2011 315 Gala was broadcast live on CCTV 1 at 8 pm on March 15. The theme of this year's Gala is "Protecting New Consumption." The program mentioned some unspoken rules and inside stories about the listing of 4S stores.

Host Chen Weihong: For many new car owners, they may not be very clear about what procedures will be provided for a car to go through formalities? So some illegal car dealers came up with these ideas for all these.

Commentary: Ms. Wang bought a car but was never able to get a license. Many consumers across the country have encountered this situation one after another after buying a car. Why can't these good cars have license plates? According to the provisions of the Road Safety Law of the People's Republic of China, a certificate of conformity must be obtained when applying for road registration. Why don't they have certificates of qualification? These 4S store sales staff immediately told reporters that the certificate of conformity was still with the car manufacturer.

The reporter called several car manufacturers one after another, and they all said in unison that the certificate of conformity had been handed over to the consumers. What kind of inside story is it? Under questioning by reporters, a salesperson revealed the inside story. These sales personnel told reporters that in order to obtain more funds, the 4S store first mortgaged the certificate to the bank, and then repaid the money before returning it to the owner. But such a thing cannot be known to the car owner. Sometimes it takes a few days to redeem the certificate, sometimes even a year. Why does it take so long? It is possible that they will also use the car's certificate for other purposes. Once the capital chain breaks, redemption of the certificate becomes remote, and the cars bought by consumers will really become cars that cannot be licensed.

The staff of the 4S shop explained that except that a license plate cannot be issued, a car without a license plate is the same as a car with a certificate. However, the reporter learned from major insurance companies that these sellers have concealed the fact that they are not allowed to take out compulsory insurance for vehicles without license plates.

4S shop person: I didn't give you the license plate, but I didn't ask you to lose your car!

Host Chen Weihong: The salesperson on the show told the truth. He said that it is an unspoken rule in the industry that they do this, but this unspoken rule is based on harming consumer rights. For them, although they concealed the facts, retained customers, and improved sales performance, they also lost the trust of consumers and ultimately only suffered their own consequences. In the consumer market, there are many similar unspoken rules. Some unequal format contracts are used by operators to evade responsibilities and infringe on consumers 'rights and interests.
(Excerpted from CCTV. com)

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