Banawe Overpricing Stores

[kagalingan]

A guy ‘busted’ a Banawe auto parts store for overpricing | VISOR PH

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A guy ‘busted’ a Banawe auto parts store for overpricing
Was he right to do so, or was he wrong for not researching?

V Vernon B. Sarne
February 13, 2020 27,251 views



Have you had your car fixed on Banawe Street in Quezon City? SCREENSHOT FROM LINDBERGH FALQUEZA

So a video of a supposedly disgruntled customer of a Banawe auto parts store is getting shared today on social media. The content was shared by a Facebook page attributed to a person named Lindbergh Falqueza. It is not clear if that is the name of the complainant in the video, but here is the guy:


This dude availed of a service package before shopping around. SCREENSHOT FROM LINDBERGH FALQUEZA

According to the man, he went to EMD Car Accessories on Banawe Street in Quezon City. As you know, Banawe is the go-to place for stores selling new and used car parts. Apparently, the subject had his car fixed at EMD and got charged P22,510 for parts and labor.





This Banawe store offers higher-priced parts and services. SCREENSHOTS FROM LINDBERGH FALQUEZA

may continuation. May limit kasi photo.

[kagalingan]

Ito na sunod. Sa english continuation.

Suspecting that he got overcharged, he went to another store called Toyorama (also on Banawe) to see how much the same items were sold there. He then found out that the same parts and labor cost P7,120 and P3,500, respectively, for a total amount of just P10,620. That’s less than half of what he had paid EMD for basically the same package.




It turns out other stores along Banawe have much lower prices. SCREENSHOTS FROM LINDBERGH FALQUEZA


So he went back to EMD and demanded to speak to the owner, who eventually admitted that his store had indeed overcharged him. The owner then offered to refund him the amount of P5,000. The complainant accepted. End of story.




The store owner offered to return P5,000 to the complainant. SCREENSHOTS FROM LINDBERGH FALQUEZA


Now, if you read the comments, people are somehow divided in their reaction to the video. One group is commending the guy for going out of his way to expose the store’s overpriced items and services. But then another group is criticizing him for agreeing to the service before conducting his “market research.”

Where do you stand on this? Whatever your sentiment, we guess the main lesson to be learned here is this: Always make it a habit to ask around and compare prices first before parting with your hard-earned money. There are too many unscrupulous businesses out there that won’t think twice about conning the gullible. You’re really on your own if you fail to conduct due diligence in every transaction you enter into.

[dr. d]

i am sure, overpricing is a common-enough practice there, for new costumers who just got off the turnip cart.
but once costumer becomes a return costumer, prices settle down to "regular price".

what the wise potential costumer should do, is to first make a comparative evaluation. go to 2 or 3 shops for estimate.
to some of the folks behind the counter... it is a game for them...

i do not think there is a price control law governing parts.
lookit the price of the same part number, between casa and banawe.

"you think knowledge is expensive? try ignorance."
heh heh.

[uls]

may mga tindahan sa banawe mababa ang presyo kasi either direct importer sila or kumukuha sila sa direct importer

konting patong ok na

madami tindahan naman kumukuha lang sa ibang tindahan

so natural mas mataas ang presyo nila

mapapansin niyo pag nag inquire kayo ng piesa, pag wala sila on hand, may tatawagan sila tapos may uutusan na runner

kasi pupunta yan sa ibang tindahan

[uls]

nagpapasikat sa social media

hindi ba mas overprice pa nga mga CASA?

mga CASA bumibili ng piesa sa banawe

di naman essential goods ang auto parts

ano yun bigas?

[uls]

in a free market, a seller will price his goods as high as the market is willing to pay

basta as long as may bibili sa presyong gusto mo, yan ang presyo

pag wala kumagat, that means masyado mahal, so babaan mo

-

competition prevents you from pricing too high

competition keeps prices in check

kaya masama ang monopoly kasi walang kalaban

kaya masama ang cartel coz ung akala mo magkalaban nagmiting pala at nagset ng presyo

[SidCoronel]

Ito na sunod. Sa english continuation.

Many people, sadly, don't study, don't ask, don't do leg work... Worst, every time they make a mistake they blame others for it.

Stupid people are so stupid that they don't know that they're stupid and how stupid they are. Stupid right? (🎶 background music "Stupid Love" - Salbakuta)

[shadow]

Mahal maging tanga.


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[Monseratto]

Greed is Good...

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[_Cathy_]

Greed is Good...

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Gordon Gekko!

Maganda pala talaga sa Toyorama, sila lang naka solve ng power steering issue ng AE101 ko, sulit ang punta ko sa banawe!