Sep 08, 2008 04:12 PM
6560 Views
(Updated Sep 08, 2008 04:26 PM)
I and my family are very old customers of Fazulbhoys Motors ( They are in Business since 1956 ) having pruchased over 10 cars from them over the span of the last 5 years.
I was extremely disturbed to read a reviewby sum wizeguy call spyguy who has given a totally baised and wrong one-sided report on this extremely ethical and value driven Parsi Car Company ( Like the Tata Group ) Called ' Fazulbhoys Motors " at Prabhadevi !
I do not know what Mr. Spyguy is trying to cummunicate in his review, but I totally disagree with not only his one sided views but his attempt at trying to malign the reputation of this very old and very genuine car dealer of our Mumbai City.
Fazulbhoys are in the business of selling Used Cars and Used Car Finance. In Fact to make their prices attractive they have hit upon a very novel idea of passing on the "Finance Commission" that they receive when they are able to sell their cars with Car Loans.
It is common knowledge that when a dealer sells a Car with a Car Loan , nowadays they are entitled for a commission upto 10 % of the Loan Amount. Fazulbhoys have been innovative enough to reduce the price of their Used Cars if you were to take a Loan through them by " giving back " to you the finance commission received by them in the lowered price of the car....
For example... lets say a Santro of 2002 Model is priced at 1.7 lacs.... if you were to take it under finance , Fazulbhoys is entitled to a 10 % Commission or 17, 000/- on the deal and thus they " reduce " the price of the car from 1.7 Lacs to 1.5 Lacs thereby making the deal attractive........ It Honestly looks as though grapes are sour as this Wize guy, Mr.Spyguy maybe wanting to purchase the car at the reduced price but not take a loan and thus has resorted to such one sided and Wrong reporting .... naturally they would be entitled to their brokerage ats if they are passing on all of their earnings in the finance commissions, then they are entitled to charge their brokerage which is their righful due......
In fact other car dealers not only charge higher car prices but also pocket the finance commissions and thus make a really big buck on the deal..... at least Fazulbhoys are honest enough to pass on the finance payouts to the buyer.....Try to understand the difference betweeen Tatas and Reliance and you will the understand the difference between Fazulbhoys and the other Car Dealers...... try them out ! They ARE REALLY good !...... otherwise would they still be around since 1956 ??????----Yes they do advertise in the DNA and also the times of India...... If ure really looking for a car- Do try them out ! You WONT B SORRY !
