Reckless car loan salesmen exposed: How dealers are luring youthful drivers into massive debt by suggesting them fresh top-brand cars with NO cash up front
By Glen Keogh, Jim Norton And Paul Bentley For The Daily Mail 23:46 BST two Jul 2017, updated Ten:51 BST three Jul two thousand seventeen
- Salesman are suggesting customers cars worth up to £20,000 for no deposit
- The deals make the customers pay back hundreds of pounds a month for years
- The cars are being suggested to those on low wages and with poor credit rating
- Experts in the City fear the ample numbers could default and cause a crash
- If drivers fall behind on payments the cars can be automatically repossessed
- Has a car loan wrecked your finances? Contact the Daily Mail Investigations Unit via [email protected]