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Car dealership nightmare
Comments
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Lottie_1987 wrote: »Oh well silly me for thinking this situation is a nightmare! Oh and thank you for your concern amount our nightmare of a drive and no it hasn't been sorted as it is currently with solicitors.
Wow, you found one who works weekends.0 -
AndyMc..... wrote: »Wow, you found one who works weekends.
Think you need to read both threads0 -
Regarding the tax, is it not just that they taxed online for 6 months in your name (which would be june)?
It's what they did for me when I bought my last car.
I've never seen any sort of loan or finance advertised at the total rate, for the reason that rate changes on length (in your example 3% after 1 year, 6.5% after two and 9.9% after 3), it's always done on APR.0 -
Isn't an APR calculated based on the totality of the loan versus the loan period? From what I've read, OP was told 3% and assumed this was the APR (as that's how loans are supposed to be presented to a consumer) - it seems the dealer/finance have calculated this as a flat rate 3% per year?
Or am I misreading or misunderstanding something?0
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