Thanks, Marshall Placid.
Quote:
Oh, and 7.18% is a high rate.
If you want to try, you can go to your local bank to get a lower rate around the 4% to 5% range.
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That's a good suggestion. Maybe I can try asking my bank first. I think and I hope that I get a better explanation there than the dealer I talked with in the car dealership. I do not have credit history in Canada so I think that's one of the reasons why I get a 7.18% interest rate. I just arrived in January 2016.
Thanks,
Rucus