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Sunday 16.06.2019 | Name days: Justīne, Juta
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LMIB: only one-third of car buyers check vehicles’ technical state

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUOnly 33% of potential car buyers mention vehicles technical history as a primary aspect before making the purchase, according to statistics compiled by Latvian Motor Insurers’ Bureau.

«Considering that the majority of Latvian households own cars that are at least five years old, as well as the fact that some cars imported from foreign countries, especially Germany and France, had been in traffic accident, there are reasons to worry that those vehicles may cause unpleasant surprises for their new owners,» representatives of LMIB say.

The survey also shows that 91% of respondents had at least once bought or had considered buying a car. «Although the majority of potential buyers said they would not purchase a used car that had been in a traffic accident even if the price was more attractive than the price of a car that had not been in a traffic accident (80%), only one-third of them check the history of the vehicle before purchase,» says LMIB chairman Jānis Abāšins.

«Such lack of attentiveness could create risks for drivers and their passengers if their vehicle. Additionally there is a risk of vehicles with unchecked traffic accident history could also create additional expenses in the form of repairs,» explains Abāšins.

Currently every used car buyer is able to order a check of a vehicle’s technical history free of charge using CSDD website or mobile app, as well as vehicles’ accident history after the point when the vehicle was first registered in Latvia using LMIB website or mobile app.

To inform potential used car buyers about the risks associated with insufficient background checks and the free options available to them, LMIB commenced an informative campaign ‘Saki NĒ nepārbaudītam auto!’ [Say NO to unchecked cars!] on 5 November.

«As part of this campaign, a special exhibition will be installed at Riga Plaza until 10 December. During this special event residents will be able to learn how cars are restored after serious traffic accidents and why it is potentially dangerous for them to return to road traffic. Mass media will offer potential used car buyers information on options to check vehicles’ history free of charge. AS Bigbank, a partner of this campaign, will present a study in which data regarding used car purchase habits,» LMIB representatives say.


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