Saw it in action when I went to buy at a Nissan W. Mids dealer last Feb:
I stated clearly I was paying cash but they still pushed their high interest game. Offering carpets as well which I never wanted from them. Added some tangle in taking finance and cancelling after 6 months.
"Car dealers' finance scam to be banned with buyers set to save £165 million a year as interest rates that rake in commission are scrapped":
https://www.dailymail.co.uk/news/article-7577347/Car-dealers-finance-scam-banned-buyers-set-save-165-million-year.html
Car dealers' finance....who'd of known?
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gloucester
- Posts: 5194
- Joined: Sun Apr 03, 2016 7:04 am
- Location: Gloucestershire, England
- Qashqai Model: Mk.2 Qashqai - J11 (2013–2017)
I wouldn't buy as car on finance in any case - though if it was offered at 0% then I might consider it.
I've not had anything on finance except two mortgages.
I've not had anything on finance except two mortgages.
(2015 Nissan Qashqai Tekna DIG-T 1.2 sold 15/6/18) ~ 2018 Suzuki Ignis SZ5 - 2018 Yamaha MT-07 ~ (2024 Volvo EX30 ordered)
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gloucester
- Posts: 5194
- Joined: Sun Apr 03, 2016 7:04 am
- Location: Gloucestershire, England
- Qashqai Model: Mk.2 Qashqai - J11 (2013–2017)
Don't you have them in Peterborough?
(2015 Nissan Qashqai Tekna DIG-T 1.2 sold 15/6/18) ~ 2018 Suzuki Ignis SZ5 - 2018 Yamaha MT-07 ~ (2024 Volvo EX30 ordered)
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gloucester
- Posts: 5194
- Joined: Sun Apr 03, 2016 7:04 am
- Location: Gloucestershire, England
- Qashqai Model: Mk.2 Qashqai - J11 (2013–2017)
But you're not far away...
(2015 Nissan Qashqai Tekna DIG-T 1.2 sold 15/6/18) ~ 2018 Suzuki Ignis SZ5 - 2018 Yamaha MT-07 ~ (2024 Volvo EX30 ordered)
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WilliamJensen
- Posts: 2
- Joined: Wed Aug 16, 2023 11:27 am
- Qashqai Model: Mk.1 Qashqai - J10 (2006–2013)
Glad that this scam got banned!
Dealing with those car dealers and their finance tricks can be a real pain in the rear. It's like they're speaking a whole different language with their high-interest schemes and offers you never asked for.
It's awesome to hear that they're cracking down on those finance scams. That's a big win for us car buyers. We'll be saving some serious cash without those crazy interest rates eating away at our wallets.
And if you ever need some extra dough for a new ride or anything else, you can always get a personal loan - it's like your financial sidekick, giving you the cash you need with clear terms and no hidden tricks.
It's awesome to hear that they're cracking down on those finance scams. That's a big win for us car buyers. We'll be saving some serious cash without those crazy interest rates eating away at our wallets.
And if you ever need some extra dough for a new ride or anything else, you can always get a personal loan - it's like your financial sidekick, giving you the cash you need with clear terms and no hidden tricks.
