SCANDAL: ICBC Managers Keep Good Cars While Selling You The Crappy Ones
If anyone knows that hiding vehicle accident records is an offence, it’s BC auto dealers. But the provisions of the Motor Vehicle Act concerning this offence that applies to auto dealers does not apply to ICBC who is systematically hiding car accident records and selling them at auction to the public at their Burnaby “Research” Centre. The few cars in good condition are kept for staff and management who get the first bid at auction.
That’s right, ICBC employees and unethical managers were able to get their pick of rebuilt vehicles sold by the company by subverting the auction bidding process.
Acting B.C Solicitor General, John Van Dongen, who’s replacing is colleague, John Les, who had to resign suddenly when it was found out that he’s under a criminal investigation, admitted that the re-sale scandal has shaken public confidence in the Crown corporation. Yeah! Mr. Van Dongen, your office too has shaken public confidence lately ….
ICBC is exempted from the requirement to be registered under the Motor Dealer Act,” said investigations manager Denis Savidan. “That’s in legislation.”
Although ICBC sells thousands of wrecks for scrap and rebuilds some wrecks for eventual sale to the public, the Crown corporation is not bound by the laws that govern car dealers in B.C.”
An ICBC employee would ensure that employees could place the final bid, spokesman Doug Henderson said.
“The employees were able to put in the final bid plus $100 on certain vehicles,” he explained.
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2 Comments, Comment or Ping
In 2002, I purchased a used 2001 Pontiac Sunfire from Eagleridge Pontiac Buick. In early 2003, the vehicle was involved in a hit and run while parked outside of my house. Book value at the time $8500. ICBC “upped” the value to $11,000 because it was in such good condition, low miles, etc. etc. The esimtated damage was already at $10,000 including frame damage, possible engine damage, etc. Little did I know that when the damage reached $6,375 it was classified as a “write off”. I did have replacement insurance but they did not advise me of the above 75% rule. I released the car to them as “salvage” because they “did not want to write it off”. Lo and behold, I received a call today (May 23, 2008) from Eagleridge saying that my car had been towed to them…..interesting that either ICBC or someone would invest $10,000 to fix a car that was only worth $8,500. I advised them that I was no longer the owner of the car and reiterated the above story to them. Hmmmm……I guess they have a few questions to ask ICBC as well. Know your rights with ICBC!
May 23rd, 2008
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