How to buy a car without getting ripped off (Marketplace)

Leave a walk under the roof just looking for a small nearby car within the car dealers the main concern, yes, I'm just looking for cars, Oh is fine, I'm sure I'm looking for a smaller car, it's just looking We, we see that later, approximately 2 million new cars will be sold for the end of 2017 with the hidden cameras of the hidden cameras. Are the dealers who reveal everything you need to know to discover that we are calling professionals that this car only returns to heads everywhere? I tell you that they are going to analyze the financial council that Jenny listens to in the concessionaires Hello David, how is it good to meet you?

It is good to meet you, David, it is very good to know them well. Bucks 112 biweekly at zero percent if you are ready for a month for a golf, you are looking for a payment of 168 63 every two weeks every two weeks, that the focus on payments is a red flag for our experts, we do not even listen to the entire price of the vehicle in everything we hear is the monthly payment or the weekly payment of the binetic payment, they mean that it is not correct, it is not really at all 927. Payment weekly is a binetic payment, they mean that 120 273 273 273 273 273.

Quintenal 149. 111 by weekly it was extended for a long time seven UH seven years and most of the dealers who instantly offer seven -year loans, so many years 84 months seven years and that is for seven years seven years, the average consumer sees that they think that I can not pay that car. Incredibly under financing of 2.9 then the money from the great recession arrived was tight, so that cars manufacturers were associated with banks and other lenders to buy it again when stretching the payments, we obtain the zero percentage of financing for 96 months and it is working more than half of the loans for new cars are seven years or more time, it is seven years, it is a long time Seven years as I cannot have children or something, well, since you can always pay, you can always make a payment, whether it is a time, so it is some time, so I am only ready to have a payment.

Disable at any time you want in almost all visits to Jenny is told that paying years before is not a problem, it is an open loan, O Overload with debts, so you can't really pay it. Years and paying a car, it is impossible for the dealers to suggest it and seven of Jenny's ten visits begin by pushing long loans, they really should tell the buyer who knows that this is the price of the vehicle, these are its different options that you can finance during this large amount of four years, therefore, so the deals and sales are not happening and sales that a code of ethics must follow and the treatment, and those that are happening, and sales, and sales, those who have the treatment, and the sales of those they have.

Everything is John Carmichael, we show you the low -paying offers for a long time that I think seven percent financing $ 84 127 at 84 months for me is if it is myop The options, options, options, options, options that are more. They are to make the best decision for you and your Jenny family ended up going back a little against this right -year -old loan idea and I would like to show you a bit of that good discussion, you can always pay faster, it is open loans. Sales experience I want to go there and discover what is happening in the Sherry has its own long -term loans with the monthly payment often encourages consumers to buy a more expensive car because why buy the affordable car for twenty thousand dollars was for a longer loan.

I can buy the most elegant car for thirty thousand dollars with the same monthly payment of the two. Five -year loan A thirty thousand dollars car is only eleven dollars plus a payment, but you are paying for two more years, I will have to think about this, but thanks for this, yes, that the sale of sales is happening to Jenny at this time, how much? Budget simply talking about how much you can pay and the way they do well, don't worry, you can do it for seven years, yes, and your monthly payment will be just as much and then 84 months as the car will last so long, oh yes, yes, yes, a silly question?

There are many much more sensitive pieces that can be very expensive to replace the last thing you want to do is be in a situation in which you are paying in your vehicle in the sixth year or the seventh year and begins to require expensive repairs and at the same time it is very little worth selling the vehicle in your opinion by the average person of the person that is the best long length for a loan for cars no more than more than five years. No, you really are if you are stretching a seven -year loan, you cannot pay that car, forget about good advice and she listens to it, but only a couple of times is your payment for five years, which is a payment for four years, even more rare vendors that warn about longer loans, some people go to 96.96 for eight years financed its finance, you know that it is like a mortality like a mortality that buys a house that buys a house that buys a house that buys a house that buys a house that buys a house that buys a house that buys a house that buys a house that buys a house that buys a house that buys a house You see our payers that you really look at our payments, what you really see the payers, really?

Is it surprised that there really is no doubt that he is telling him the truth? Miope only a recipe for problems for problems that lead many Canadians to a spiral of debt that cannot escape 24 -year -old Matthews Chantal knows everything about that, he is working on two jobs to pay a massive automotive loan basically. Working in two works like this between three and four hours must be exhausted most of the time, yes, it does give an affectation to the number two work in the local pub for when it closes, it is almost 3 a.m., the Chantelle's problems began when she began when she bought a new Hyundai in a loan of eight years that wanted a vehicle that was cheap reliable.

I went and then the wheel bearing began to go and all this is within the three months of being the owner of a new car, he says that the concessionaire would not take it, he told him to exchange him for a new one, but the car was now worth much less than what he paid for him, he said he said he has to take some of that because he signed the car that the car has used that difference between what she owes and what he used to It does not have to have a lot, it is not good and it is not good, and that it costs and that it costs and that it costs and that it costs and that it costs, and it costs. 000 In an ancient debt, it was added to the loan of this new car with the two cars, it was about 50 thousand dollars to 50,000 YEP, it seems very quiet about it that I have accepted the fact because I still have to pay it, I can not leave it, so I have to pay it, if there are no thousands of Chantels, a quarter of all the cars that are negotiated by the new ones and still have no money.

That is what we are testing below, how sellers will explain negative equity and shops? Hello, how is it okay? Acerca de la equidad negativa que es absolutamente a tres o cuatro años que debe más de lo que el automóvil vale mucho más, de hecho, debe más en su automóvil de lo que vale hasta cinco años y medio en un préstamo de siete años en cualquier momento que desee negociarlo, puede negociarlo, pagamos el préstamo cuando usted está en su nuevo automóvil, pagamos el préstamo, sí, no, no logra que esté pagando el dinero que le debe al dinero.

The debt continues to accumulate and is very dangerous, however, I wonder that 84 months and then because if I bring it in three or four years, it is still like half of the car that has not yet paid and you only get rid of that money, but where is it going because then, then we pay a large solar car for that, we are fine? Carmichael does not like what he sees that you are not losing in any way, and this is my concern, consumers who cannot understand or administer that situation and are in a transaction that will persecute them again on the road, do you see this as following the rules?

The pressures in the concessionaires only sell the car, yes, that is what your seller will want to know at the end of the day you talk to this person, why do you not sell them the car that we hide their identity because they still work in the industry no concessionaire will reject an agreement in which we are not well, we are not at your advisor that we will not tell them enough information about the people who do not go to those who do not go to the advice. The right businesses can obtain a new car, yes, yes, but you can maintain the old debt, yes, you will get a new term, you will get a new payment and know that you go forever, do you think you think there should be defined rules that require a sales person or a dealership to clearly explain the basic concepts to a client at least at least the basics of negative equity so that people are to the transaction with their eyes?

Document, but this type of document that speaks with problems related to negative equity, Carmichael says that he is putting the brochure in the government offices in ontarium. In a poster, I like yours more, but he will not see it in the only place I could wait, why isn't it something like that in a concessionaire in a place where people are really buying a car, is it new? You can find someone who can explain it that way, you cannot bring that car back and the companies that you want Having that the advice, which will pay for the years, which does not want it to be an assault for the assaults you are out, but this has changed the first part of your life, yes, and I thought about obtaining a house and they will not approve for how much I have a debt in a car, so basically you cannot do anything until then, four and a half years, no, I could not do that, how will it do it?

I do not know, I will still have to solve it, while, while we cannot understand your paperwork. For so many years we can exchange your vehicle at any time and update it to any other car, well, it sounds like a treatment, but the vendors are not always in advance about the risk for the bupeers of Papering car is not mentioned that negative debt or heritage, instead, there is an additional retail value in your second car, as if you opt for features such as elegant speakers or better seats. That comes to the regulator, the rules say that paperwork should be clear that mathematical gymnastics that we think we try and what we try to try and had had a terrible time that we tried to solve exactly to come out.

In this, you understand all this, that is the theory, there is a series of red flags that jump from the page immediately that, in fact, it is your negative capital that hides it in a line as an additional retail value, so they are putting in the value of the vehicle, since they show the real debt that is pending, it is an infraction that is illegal, it is that yes and this is something that I would like that my people for which he cares about the one who cares about the one who cares. The law hid the negative heritage, letting it be clear what chantal is paying, we are more concerned that consumers make educated decisions, there are concerns that people do not rise to their heads or reach the loans in the deadline long enough to end with a significant debt on the path that it simply cannot pay, so it could be 25 years.

You want to talk about this so that anyone else makes the same mistake I made, it is not my car, it could be anyone, it could have any age, it can be your mother, your brother, her friend, next to, she can have the same problem and, in fact different browsers, more information will have, more they can take advantage of their wishes, a special of Black Friday in her market