Tomorrow is the deadline for New Jersey's 1,400 private motor vehicle inspection stations to buy new equipment or go out of the inspection business. The new emissions testing gear costs $8,000. The Motor Vehicle Commission says inspection station owners can either take out a business line of credit from their bank or finance the purchase through IMM Financial Solutions. However, station owners say the finance company charges 30 percent interest. The station owners also are upset because they must pay in full even though the new equipment will not be available for months. AP.
Showing posts with label Private NJ inspection station owners mad. Show all posts
Showing posts with label Private NJ inspection station owners mad. Show all posts
Monday, June 29, 2009
Private Inspection Station Owners Mad
Tomorrow is the deadline for New Jersey's 1,400 private motor vehicle inspection stations to buy new equipment or go out of the inspection business. The new emissions testing gear costs $8,000. The Motor Vehicle Commission says inspection station owners can either take out a business line of credit from their bank or finance the purchase through IMM Financial Solutions. However, station owners say the finance company charges 30 percent interest. The station owners also are upset because they must pay in full even though the new equipment will not be available for months. AP.
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