MR
Modris R

1 reviews | Active since Jan 2019

14 Oct 2020, 17:23

**** 0% interest Forced to BUY WRONG car

**** 0% interest Forced to BUY WRONG car The Sales General Manager asked me to come in when I complained why the Toyota Camry hybrid 2020 was $43,600. Elsewhere is was lots cheaper. He opened my eyes when he showed me that the price had been increased by $3000 because I had chosen the offered Zero interest rate. I was shocked because I was rushed through the signature process and had not realized the price had been suddenly increased. I pointed out that this fact was a Hidden Interest rate and that the offered Zero interest rate is ****. When you load the data into a Present Value formula APR Calculator you get the REAL Interest rate which is 2.374%. When I showed my dissatisfaction the General Sales Manager said "Don't blame Gettel Toyota Charlotte county, blame Toyota Southwest Finance". However the Gettel salesman FAILED to point out that choosing Zero interest INCREASED the price by $3,000. In the past, I always bought a used car one or two years old. The car I had been driving was a Toyota Prius, purchased this way, and my interest rate with Wells Fargo was 2.3%. So the sales failure to inform me of the hidden interest rate Forced me to buy the WRONG car.

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