'Are there 2 Hyundai authorised dealers in the VI?' – Readers ask
Although TAG has not announced an opening date for its new dealership complex comprising showroom and service centre in the final stages of construction at Prospect Reef, the company has already partnered with Scotiabank and Nagico Insurances to offer a range of 2016 vehicles with special financing and insurance rates.
In fact, an advertisement placed online said that come November 28, 2015 the company will be having a massive sales event in the parking lot of Courtesy Car Rental on de Castro Street opposite Scotiabank.
The sale is being marketed as the ‘I Love Change’ car sales event and is asking persons to take advantage of special offers for Christmas.
“Tortola Auto Group, the BVI’s only authorised Hyundai dealer, Scotiabank and NAGICO Insurances will offer competitively priced vehicles, unbeatable low insurance premiums and an unbelievable 6.99 % interest rate. Best of all, no application fee and up to 100% financing is available,” said the advertisement.
The company is also offering a five-year factory warrantee on all vehicles, something people are calling the best feature of the sales event.
Persons have put to us that Nibbs might have lost the rights to market Hyundai vehicles in the VI but because of this news site's reputation for not engaging in speculation we preferred to hear from that company itself as to its status with the Korean brand.
As such, we sought a comment from the owner of Nibbs Auto Sales, Leando Nibbs, but were unsuccessful as we received no response up to post time.
However, a sales agent told this news site that Nibbs Auto Sales, which was the first to bring vehicles for sale into the Virgin Islands some 55 years ago, will continue to bring Hyundai vehicles into the territory, but directly from the USA.
The sales agent also admitted that Nibbs Auto Sales has lost its dealership with its supplier in St Martin.
"Nibbs Auto Sales has been in the auto sales business for 55 years and we will continue to remain in business and bring vehicles into the Virgin Islands including Hyundai, Ford and Toyota. We are bringing our vehicles from the USA. They may be a bit pricey but they would be standard vehicles. We are not going anywhere," the sales agent stated.
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30 Responses to “'Are there 2 Hyundai authorised dealers in the VI?' – Readers ask”
That in***n man threw a curve ball on Nibbs.
Its a safety and common sense issue.
An establishment is allowed to bring in old right hand drive cars from Japan and selling them by partial payment using rental plates..This is clearly rental plate abuse.