Many people dream of owning a new car. However, one of the biggest stumbling blocks is the cost of today’s new cars in the Greater Toronto Area. Read this report to learn about new car financing, particularly before visiting a dealer’s showroom.
Financing a New Car
Unless you’re among the minority of people who pay cash, […]
People are often surprised to hear that a dealership’s financing and insurance (F&I) department, or “business office,” is a profit center. Reality check No. 2: Everything dealerships sell you represents a profit opportunity. With few exceptions, the dealer is a middleman.
In the case of the new car itself, you can’t eliminate the middleman. […]