How to buy a car without getting ripped off (Marketplace)
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Published 2017-11-17
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All Comments (21)
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That honest guy from the Mazda dealership deserves a kudos for his honest work.
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Notice how there was only 1 honest guy? His manager probably fired him by now.
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I was fortunate to work in a dealership that aligned customers with the right vehicles and budgets. We would be fired for misleading customers.
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Here's a tip: buy used cars instead. Cars that are 2 to 3 years old and have relatively low mileage will be worth so much cheaper than if they were new and you'd still be able to get much of the car's true value.
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They should teach all this and more in high school.
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The honest guy is from Yorkdale Dufferin Mazda. He is the pre-owned sales manager! His name is Ali. I purchased a car from him. Great guy! Thumbs up for him!
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My friend was trying to buy used car cash and her budget $9000 or below but the guy told us "we prefer finance over the cash" holy red flag we run away. The story happened in Edmonton 😂
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I must have been living under a rock for not knowing they make these kinds of videos. Thankyou CBC!
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Who is the honest guy that explained all the financial options? They should at least give him well deserved credit.
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FOCUS ON THE FINAL PRICE OF THE CAR. DONT FOCUS ON THE MONTHLY PAYMENTS.
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Bought my very first car at 21 at my local Mazda dealership and they basically told me the same as the Mazda sales associate in the video. Recommended a 4 year loan but I ended up settling on 5 instead. Surprisingly was a good experience for my first time buying, they were honest and genuinely wanted the best for me.
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My family always taught me, if you can’t buy something in cash, you can’t afford it. Of course the house is the exception because it appreciates in value. Cars don’t. I plan to buy my first car, $23,000 in cash in the Spring so I never have to worry about interest or monthly payments.
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My school had an economics class that we are required to take before graduating and they taught us everything from buying a house or car and even starting a small business, I was surprised to find out that not all schools did this
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I wouldn’t work 2 jobs for a Hyundai
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I'm so fortunate to have my dad. He bought the car and paid in full and I agreed to pay him back in smaller payments. In the long run much much cheaper
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This is the news reporting that betters the world. Thank you for this.... I heard Canada as I was writing this and now it all makes sense.
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1. Buy a car to go to work 2. Go to work to pay the car.
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The Mazda guy at 9:20 just made the best pubblicity to his company while still being honest and helping the costumer. Props to people who really have a working strategy. Just look at the comments here.
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Working two jobs, just to pay something that can bring you from one job to an other, I found this frustrating, thats really sad for that person
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0% for 84 months! That's insanely good! Normally, the length of time of the loan equates to paying more interest, but here there is still 0% interest.