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Victoria auto dealers and related news


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#441 Victoria Watcher

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Posted 17 October 2021 - 08:03 AM

Yes. Even with the 22% mandatory tip, the machine did present options for more tips.

We refused additional tips.

#442 Mike K.

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Posted 17 October 2021 - 08:06 AM

I’m sure other times you’d have handed the guy $20, which cost you 17.5% to get from the cash machine at the steak house, and didn’t ask for the change back.

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#443 spanky123

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Posted 17 October 2021 - 11:04 AM

It’s all relative, right?

One guy’s idea of a predatory loan is another’s life saver, or opportunity maker, or problem solver.

It’d be nice if everyone got 2% loans for consumer purchases but that’s reserved for an exclusive few. The rest of society pays 5-10-15-20%.

 

The issue with predatory lenders is usually not the published terms of the relationship, it is the fine print that isn't fully disclosed. People have a choice deciding whether to take the 10% loan, but if they don't understand that the 10% becomes a 20% if their loan is repackaged and/or that the qualification terms can change between renewals then few of us would argue that is fair. 


Edited by spanky123, 17 October 2021 - 11:05 AM.


#444 Victoria Watcher

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Posted 17 October 2021 - 11:13 AM

one could well argue that 0% or low financing on new cars is predatory selling.



#445 spanky123

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Posted 17 October 2021 - 11:22 AM

^ If they don't disclose that the 0% isn't really 0% since the cash price is lower then yes.


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#446 Victoria Watcher

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Posted 17 October 2021 - 11:29 AM

It's probably a bit rich to be debating car dealer ethics at all.  Be it Canada Drives or your local Dodge dealership.


Edited by Victoria Watcher, 17 October 2021 - 11:29 AM.


#447 Mike K.

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Posted 17 October 2021 - 06:24 PM

^ If they don't disclose that the 0% isn't really 0% since the cash price is lower then yes.

Not always.

You can snag a better deal often when you buy with a loan. The worst thing you can do is blurt out you’re buying with cash, since the cash price is already a value you can negotiate down to but dealers -hate- cash deals.
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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.


#448 Victoria Watcher

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Posted 23 October 2021 - 09:50 AM

https://en.wikipedia...lionaires_Index

 

screenshot-en.wikipedia.org-2021.10.23-13_46_55.png



 



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