It’s that fee which dealerships across the country routinely add to car deals, whether the buyer is paying cash or financing the purchase.
And it’s not a small amount - usually between R4000 and R5000 on cars with a purchase price of under R200 000! More for the higher end cars.
The National Credit Regulator is going after not the dealerships, but their bank partners which finance those deals, saying they have no legal right to add that fee to their contracts.
That’s because the Regulator...
Read more
And it’s not a small amount - usually between R4000 and R5000 on cars with a purchase price of under R200 000! More for the higher end cars.
The National Credit Regulator is going after not the dealerships, but their bank partners which finance those deals, saying they have no legal right to add that fee to their contracts.
That’s because the Regulator...
Read more
