Quote:
Originally Posted by nfotiu
One thing I've always wondered about while watching Flames games on Center Ice. Why do Canadian dealers now advertise car payments in weekly installments? I don't remember ever seeing that in Canada when I last lived there, and I've never seen it in the US, but it seems standard on Canadian TV now. Do people actually make their payments weekly? I guess the idea is to make it sound lower by giving a smaller number, but then why don't US companies do it?
I have no good reason for wanting to know other than idle curiosity.
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Tons of people shop by the payment, not by the total cost of the car. It's the totally wrong way to do it and the dealers love it. Goes to show how financially illiterate lots of people are.