MRP on auto parts – paltry abatement?
Automobile parts recently brought under the MRP scheme, will see a changed market. The abatement allowed is 33.5% but it is well known in the spares market, the MRP is a big joke. You can get almost any spare for about 75% of the MRP printed on the package. So the dealer must be getting it for about 50% of the printed price. Now all this should change and may be the consumer will be the ultimate payer as in all cases.