Benefits of Hire Purchase Inspection (HPI)

Benefits of Hire Purchase Inspection (HPI)

As protection for both consumers and financial institutions, Hire Purchase Inspection (HPI) is important prior to approval of a hire purchase loan.

The Ministry of Domestic Trade, Co-operatives And Consumerism (MDTCC) is aware and concerned about safeguarding both parties and therefore the Ministry has come out with an Act to make HPI mandatory to protect consumers and to enhance the second hand motor vehicle industry.

As the authorized vehicle inspection company, PUSPAKOM is responsible for performing HPI before approval given by financial institutions.

*For further inquiries on the above inspection, please call Puspakom toll free line or contact nearest branches.

Benefits of HPI inspection:

i) Safety

Inspecting your vehicle twice a year will able to detect any mechanical problems that will jeopardize your vehicle's road worthiness.

ii) Confidence

Thorough vehicle inspection give you a great sense of confidence and assurance that your vehicle is in good and optimal condition.

iii) Cost Saving

A 10 points vehicle inspection help you detect and ascertain any mechanical defects in your vehicle before it become more serious and costly.

iv) Environmental

Have your vehicle inspected to ensure that your vehicle does not emit excessive smoke and noxious gases that pollute the environment and in accordance to the Environment Act 1974.

v) Legality

Vehicle inspection at PUSPAKOM will protect you from any consequences of purchasing vehicles that suffer from irregularities such as 'cut and joint' and stolen vehicles. The inspection will verify the legality of your vehicle in conforming to all legal requirements of Road Transport Act 1987.