Dealer Tactics You Should Know (And a Better Option in Edmonton)
Buying a car in Edmonton can feel overwhelming — especially if you’re new to Canada or rebuilding your credit. Many dealerships use sales tactics that can cost you thousands of dollars over time. Before you sign anything, here’s what you need to know. Common Dealer Tactics to Watch Out For 1. Bait-and-Switch Pricing You see […]
Sick Of The Game? Avoid It!
If it seems too good to be true, it probably is. We’ve seen a lot of promises in the auto finance industry, and if you’ve ever been shopping for a car, you’ve probably seen them too. Unfortunately, what you see is not always what you get. Well, we think we can all agree an $80,000 […]
Upside Down Car Loan
The recent economic upheaval left many Canadian with large amounts of debt and other financial problems. One such problem is the upside-down car loan. You have likely heard about the many houses that homeowners have walked away from once they owed more than the home’s value. Similarly, car owners are finding themselves perplexed when the […]
In Some Cases: Your Trade In Is the Money Maker for a Dealership
Car dealers know you have a limited number of options to get rid of your old car. So they will buy it from you for as little as possible and turn it around for a hefty profit.ALSO, some of us don’t like the idea of strangers coming to their house to view their vehicle, low […]
The Co-Signer Story
Knowing your credit situation when we explain it in detail helps when you hear this lie. Some shady car salesman/ finance manager may tell you a co-signer will be necessary to purchase a vehicle. This situation usually arises when a consumer has a slow credit history and a low-paying job. Instead of rejecting your application, […]
Lie To The Buyer About Their Credit Score SCAM
This is one of the most common tricks that car dealers pull on unsuspecting shoppers, first things first, not all banks and lenders look atthe credit score only to make their decision whether you get approved or declined, there lots of other factors. Some finance managers tell you that your credit score was much lower […]
