⚠️ Buyer Beware ⚠️
⚠️ Buyer Beware ⚠️
I purchased a vehicle from this dealership and my experience has been very disappointing.
The vehicle price was about $36,000 with an interest rate of 7.52%. In addition, more than $2,000 was added for an insurance product, even though I clearly stated that I did not want any insurance.
English is not my first language, but I repeatedly said I did not want extra insurance or additional charges. Despite this, the insurance appeared in the paperwork at the time of signing.
In the end, a vehicle that is worth around $20,000 ended up costing me about $32,000 after interest and other charges. I feel I was not properly informed about how these extra costs would affect the total loan.
Now the vehicle’s resale value is much lower, around $15,000, even though I have not driven it much.
This situation has been very frustrating and financially stressful. Please read every document very carefully before signing and do not rely only on verbal promises, especially if you are new to Canada or not fluent in English.
👎👎👎👎👎