Consumer NZ warning about dodgy car finance deals livenews.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livenews.co.nz Daily Mail and Mail on Sunday newspapers.
After receiving a complaint from a Wellingtonian who unwittingly signed up for a $30,000 Go Car Finance loan for a car worth $7000, Consumer NZ is warning buyers about just how easy it is to get ripped off.
A consumer watchdog says irresponsible lending is causing car buyers to get fleeced, with one paying $30,000 for a vehicle worth only $7,000.
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