MVDT Annual Report 2013-2014 [pdf, 255 KB]
...valuers’ assessment of 30% reduction to be too great and the trader’s 10% reduction in value to be too conservative and guided by the valuers’ opinions assessed the purchaser’s loss at 13.5% of the purchase price or $4,500, a figure which, on appeal was increased to $8241. d) The danger of buying a vehicle without a Consumer Information Notice The Auckland Adjudicator’s 2013 Annual Report referred to the frequency with which the Tribunal hears claims where the trader has...