Community College of Allegheny County (CCAC) is a community college in the Pittsburgh, Pennsylvania area. With four campuses and four centers, the college offers associate's degrees, certificate and diploma programs.
The $37 acquisition fee ruse isn't the only one. Another is the slasher.. Here a dealership allows customers to inspect used vehicles at 8 a.m. on a Saturday, clears the lot at 9, reopens at 10 and unleashes the slasher at 11 to go car to car placing a price on the window. Whoever is sitting in the car can buy it at that price. On a handful of cars, the slasher's price is chump change.
Recent statistics show that one-third of car buyers sign up for a six-year loan at an average interest rate of 9.6%. Among these buyers, the average price of the car is just over $26,000. This means that one-third of the cars you see on the road are dragging a $475 payment behind them. The car dealer wonât tell you that your awesome new car loses about 25% of its value the instant you drive it off the lot.