Why You Should Never “Pawn and Drive” Your Car
With spiralling costs, a weak rand and comparatively low salaries, many South Africans are struggling to make ends meet. At the same time, financial institutions are tightening their lending policies. In this context, using a paid up vehicle to secure a short-term, asset-based loan is an attractive option. However, we strongly advise against the many…
Why Are Cars in South Africa So Expensive?
Ask the average person in South Africa what they know about our car industry and there’s a good chance they’ll tell you we pay more for our cars than buyers from other countries. In fact, cars in many other countries – and the costs of driving them – are more expensive than they are here….