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REGS AFFECT OLDER TRUCK SALES
13th February 2003, Page 51
13th February 2003
Page 51
Page 51, 13th February 2003
— REGS AFFECT OLDER TRUCK SALES
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New European legislation may cause many truck dealers to stop selling older used vehicles, says Glass' Information Services.
Due to come into force this March, EU Directive 1999/44/EC obliges dealers to be able to prove that any faults appearing on a vehicle in the first six months after its sale weren't present at the time of purchase. They'll have to certify its condition prior to sale, and buyers will have the right to have defects repaired, a price reduction, or the truck replaced. As a consequence, dealers are likely to focus their sales efforts on younger models, which are less prone to generate problems.