Was buying a new (slightly used) car last week and got hit with what I now know is referred to as a “tied sale” and is apparently illegal. Basically, was offered a .5% reduction on my APR if I bought a maintenance contract, which I had already researched and was going to buy from one of the online dealers that does it slightly above cost. I ran the numbers and with the APR reduction it made the contract cheaper, so I did it. My question is, should I make a stink about this? Reading here sounds like this is likely illegal. I consider myself to be far more savvy about…
Read the full story at Ask a Car Salesman, Managers, or Finance managers anything! →
