Car dealers have found a new way to profit from people with money trouble: leasing them hand-me-down vehicles. 'The deals are pitched to customers as the cheapest way to drive a used car off the lot, with the added benefit of an easy escape for those who can't keep up with the payments. Few customers are told about the advantages on the other side of the trade. Leases can allow dealerships to sidestep interest rate caps, and there are fewer financial disclosures rules than with a conventional car loan.' 'As with Buy Here Pay Here, the leasing business caters to the millions of Americans who have been forced by a sour economy to make do with less.' [more inside]
Did anyone in the history of Used Car Dealerships ever go to greater lengths to get you to go see him than Cal Worthington and his Dog, Spot? Warning: video contains music that cannot be unlistened to & will haunt you to the grave. [more inside]
A situation similar to the story below. What is it with Car Dealers? Why can't they just do the right thing?