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.

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.

Banks part of urgent R699 car hearing

2014-07-20 11:58

An urgent hearing into the R699 car sales scheme opens up the possibility that class action could be taken against the banks that supported the scheme.

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.


One of the biggest mistakes consumers make is to buy a car on residual, warns the National Debt Mediation Association.

41 comments 30101 Views

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.

A better credit rating for car finance

2014-01-17 16:35

A Fin24 user wants to know how she could improve her credit rating in order to qualify for more car finance.


Which insurance company will give you the best service for your wheels? This study based on the public's feedback reveals all.

0 comments 1113 Views

Balloon payments over-blown?

2013-09-27 11:01

Auto shows are a lot like sweet shops - you want everything you see. Just like the 2013 Johannesburg auto show, says WesBank's Chris de Kock with a serious warning on credit buying.

Best way to approach vehicle finance

2013-08-02 14:01

Help for a Fin24 user who has some concerns about buying a new car to replace the vehicle he has had for 13 years.

Vehicle finance needed, no credit history

2013-06-18 13:23

A Fin24 user who has no credit history is struggling to get vehicle finance and seeks advice.

Can we return our car to the seller?

2013-05-09 17:17

A Fin24 user wants to know if his partner can return her car to the seller, as she has replaced it with a smaller model and no longer needs it.

Can I combine car and debt payments?

2013-04-26 12:15

Advice for a Fin24 user who needs a car for work, and asks if he can pay a lump sum for vehicle finance and other debt payments.

Car finance dilemma

2013-03-18 16:02

Advice for a Fin24 user who can't keep up with her car instalments and wants to know if she can return the vehicle to the bank.

Ten car purchase tips

2013-01-18 11:31

Thinking of buying a car? Here are some points you should bear in mind if you want to buy either a new or used car.

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.

Financing a car while jobless

2012-12-11 10:10

A Fin24 user wants to know whether a car dealer can refuse to accept an agreement if one is unemployed.

Car Buyers' Guide: What you MUST know.

2011-11-10 15:48

Thinking of upgrading? Here's what you need to consider first.

Wesbank bullish on 2011 vehicle sales

2011-03-28 12:23

Vehicle financier Wesbank says it expects double-digit growth in sales this year, driven largely by lower interest rates.


Fresh out of debt review, needing car finance

2014-10-29 15:45

A Fin24 user who has just come out of debt review was told he needs to get his credit score up before he can get vehicle finance.

No vehicle finance despite good credit rating

2014-09-16 16:26

A Fin24 user is baffled, because his application for vehicle finance was declined despite his good credit rating.

What is the prime interest rate?

2014-08-01 13:36

A Fin24 user wants to know more about what the prime interest rate is and how it is determined.

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.

R699 car drivers moving forward

2014-07-13 11:50

Satinsky clients are taking action as information about the group’s undoing and possible fraud comes to light.

Affordability remains vehicle credit concern

2014-07-02 07:00

A large number of applications for vehicle finance are declined due to general affordability concerns, says an expert.

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.

SA's best car insurance firm

2014-01-15 07:14

Which insurance company will give you the best service for your wheels? This study based on the public's feedback reveals all.

Best car buy

2014-01-03 14:27

Is it better to buy an older model car at a discount, or pay more for a new model?

House or car with a R250 000 windfall?

2013-09-12 17:08

A Fin24 user wants to know whether he should pay off his car or buy a property with some money he has come into.

Should I pay cash for my car?

2013-08-01 10:44

Advice on payment options for a Fin24 user who is contemplating a vehicle purchase and wants to know if there are any drawbacks to a cash settlement.

Best car finance option

2013-05-13 17:25

Advice for a Fin24 user who wants to know how he can make the biggest interest saving on vehicle finance.

Caught up in excitement over car loan

2013-05-09 16:01

A Fin24 user realised too late that he had fixed his car payments at a rate of 16%, and asks if he can lower the vehicle finance interest rate.

Car instalment too high

2013-04-25 14:29

A Fin24 user asks if she can return her car to the bank for refinancing on a cheaper model.

Cash or finance?

2013-01-21 08:12

A Fin24 user wants to know whether it makes more sense to pay cash for a car or to get vehicle finance.

Does Capitec give vehicle finance?

2013-01-17 07:24

A Fin24 user asks whether Capitec will be able to finance his car purchase.

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.

Vehicle finance balloon payments in decline

2011-07-10 09:49

The percentage of South Africans using balloon payments to finance vehicles has declined dramatically over the past four years.

Car Buyers' Guide

2011-03-10 12:00

Time for an upgrade? Be prepared & know what to expect with these top tips!

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