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…

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….