Did you really think you would be getting unbiased 'advice' from the car dealer's salesman? If so you are incredibly niaive - they never have claimed to cover the whole finance market.
The deal would only be the 'best' deal they are willing to offer you from their finance partner - surely that is obvious.
If the APR was too high, then you could look elsewhere to finance the deal, though that might have been a lot more complicated and a lot more work.
Some.points touched on in this convo are in essense quite right...for instance, you brought the car, you knew the package they put together and were happy with it at the time ?
Yes, plain and simple.
What that doesn't cover is the deliberate skewing of rates to favour the seller, thats quite clearly not allowed...and given we seem to have adopted the US model (interest rate depends on your financial score), that makes it almost impossible to compare with an offer someone else was made, you simply have no gauge as to if the offer is correct and fair. In other words, 90% of buyers HAVE to trust the information given is honest, true and correct, its a very complex thing
At the end of the day im cogitating three things.
I had the cars, paid them, had no issues, move on with life. Im quite heavily on this side of the fence
I was (potentially) mis sold a product, everyone's insurance is going up whether we claim or not....so you could argue you might as well claim then... not to do so is to pay extra for no reason whatsoever.
Im retired, caring for two young children with just my pension and child benefit, if I can find a way of easing that load...I will.
All thee are valid, just down to whether I can be bothered having seen anyone else's experiences (if there are.any...and it appears not
)
