Ann: Solvar FY23 Results and Investor Briefing, page-19

  1. 27,903 Posts.
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    So the fact he bought car that was only worth $7,000 with a sticker price of $13,000 is SVR's fault?
    Anyone who buys from a dealer pays more than it's worth purchased privately.

    'One woman 1News spoke to says she was pressured into buying a car with a loan she thought was $49,000 over five years that turned out to be $75,000.
    "The only thing I knew was the price that was put up on the windshield of the vehicle. That's all I know," she says.The extra cost was because of the interest and add-on insurance she says she did not realise she was signing up for.'

    So these people think the loans are interest free?
    Sounds like the issue is more with the car dealers not communicating with their customers than SVR. As if they don't provide all the details of the loan in the paperwork.

 
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