How much car can you truly afford?

When budgeting for a car, think beyond the monthly payments and look at the full cost over the term of the loan.

[elliotkelly]

Since working in the financial service industry for four years I have spoken to many hundreds of clients specifically about the trouble they face in paying their long-term vehicle loan. So many canadians have made their purchase decision merely on whether they were approved, much less account for their whole budget first. The information in this video is great, but is desperately needed in the hands of those Canadians who would never think to visit the FCAC website. How will FCAC bring this great advice to those on the financial fringes: those who are not familiar with the Canadian financial system, those who live in remote areas, those whose family has always had consumer debt?