Class Action Lawsuit Accuses Car Industry of Inflating Price

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Uploaded by on Nov 26, 2007

Is there a conspiracy to gouge Canadian car buyers? A class action lawsuit has been filed to find out.

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  • Example. I bought a car for $8,100 dollars. Somehow I am financing it for $15,000. At 21% APR, I ended up paying $18,150 for an $8,100. Not only that, I have no idea how I could be paying $150.00 out of $300.00 on interest rates. That is 50% not 21%.

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