Wednesday, May 4, 2022

FORCED FINANCING AT THE CAR DEALERSHIP

   Imagine you’ve finally found your dream car. Oshawa resident Tami Hamilton and her husband were thrilled to find a 2017 Subaru BRZ Sport Tech on a local dealer’s lot. For the auto enthusiasts, it was to be their long-awaited “fun” car. Despite record prices being commanded — and paid — in this volatile used market juiced by extreme global shortages, their experience with their sales rep was smooth. “He was terrific,” said Tami. “The trouble came later.”
   “Once we were in the finance office, we were told we had to take financing on the car. I said we didn’t want or need financing. We just wanted to purchase the car. We had the money.”
   Instead, what played out was a dog’s breakfast of excuses, manipulations, and while not illegal, certainly questionable reasons why they had to take the offered financing.

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