ARTICLES RELATING TO WESBANK

January car sales down after robust December

2015-02-02 15:58

South Africa's new vehicle sales fell 1.2% year-on-year in January to 52 306 units, driven down by about a 10% reduction in rental sales, data from the trade department shows.

Surprised by car finance terms

2014-10-20 15:39

A Fin24 user did not realise that the interest rate on her car finance would change.

Various activities planned for Portside building

2014-08-14 17:00

Various activities are planned at the new Portside building, the highest building in Cape Town, to benefit the community of Cape Town.

Unable to continue car payments

2014-07-29 11:57

A Fin24 user is unable to afford his monthly car payments any more and wants to know what to do about it.

Vehicle sales continue to decline - bank

2014-07-09 05:00

WesBank says consumers are looking at used cars for better value as the country's new vehicle market continues to decline.

Banks react to interest rate decision

2014-05-22 18:50

Some SA banks have already responded to the SA Reserve Bank's decision to keep the interest rate unchanged.

Vehicle finance despite bad credit record

2014-04-29 13:46

A Fin24 user is worried about whether he will be able to obtain vehicle finance despite his bad credit history.

Shift from new to used cars

2014-03-03 15:02

The value of the rand is likely to have a greater impact on the new vehicle market in 2014 than the current interest rate cycle, says an expert.

Friends and balloon payments

2013-01-16 11:33

A Fin24 user wants to know if it is legal for a friend to take out vehicle finance on his behalf.

Buyer's remorse over balloon payment

2012-10-26 09:27

What exactly is a balloon payment, and how can you deal with it? A Fin24 user gets some expert advice.

 

Uptick in used car sales

2014-12-02 19:55

South Africa's major banks are reporting a rise in used car sales, but new car sales have dropped as rand weakness lifts prices.

R699 scheme: Venter sues WesBank for R20bn

2014-08-24 11:48

The owner of Satinsky 128, the company taken to court over the R699 car sales scheme, wants to sue WesBank for R20bn.

Fuel price to impact consumers' vehicle choices

2014-08-01 22:00

The current high fuel prices will keep consumers focused on buying more fuel efficient vehicles, say experts in their outlook for the auto industry.

Impact of credit report on vehicle finance

2014-07-23 13:35

A Fin24 user wants to know what the impact of her credit report will be on her chances to obtain vehicle finance.

Drive a R699 car typical Ponzi scheme - WesBank

2014-07-05 15:01

WesBank says it has doubted the authenticity of the Satinsky Group scheme as far back as 2011 and declined to get involved with the "Drive a new car for R699" scheme.

Car finance and your credit rating

2014-05-02 12:32

A Fin24 user has a query about interest rates on vehicle finance, and whether it is possible to switch financing from one bank to another.

Interest rates: To fix or not to fix

2014-03-25 16:58

Low interest rates provide a golden opportunity for car buyers to fix the rate on a new finance contract and guard against future increases, says an expert.

WesBank appoints new CEO

2013-09-30 17:17

WesBank has appointed a new CEO with effect from January 1 2014.

Why can't we get car loans?

2013-01-16 07:32

A Fin24 user wants to know why it is so difficult for call centre staff agents to qualify for car finance.

Credit Act cracks down on reckless buying

2012-08-12 17:51

Legislation has ensured that consumers do not take out unsecured loans to buy luxury items like cars, says a bank director, warning against balloon payments.

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