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Related South Africa Law Questions
Trust you are well.My husband is in arrears with R24000 on
Good evening Madam trust you are well.My husband is in arrears with R24000 on his vehicle we tried to pay every month the instalment some times more during the lockdown .The residual is R117061.00 las… read more
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I traded in my car which was fully paid up and took out another one in 2007 i fini
Hello, I traded in my car which was fully paid up and took out another one in 2007 i finished paying for the car but I didnt realsied it had a R70000 residue I have paid R30000 for the residue and hav… read more
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Good day, I bought a car last year 7November 2012. I wanted
Good day, I bought a car last year 7November 2012. I wanted to trade the car recently only to discover that the dealer has loaded a huge amount of money which makes it difficult to trade this car. Can… read more
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Afternoon, I have just recd a mail from my attorney advising
Afternoon, I have just recd a mail from my attorney advising that ABSA bank is intent on taking judgment against me for an outstanding amount for a vehicle in my late husband's estate. The vehicle is … read more
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One of our employees has asked for help regarding the purchase
One of our employees has asked for help regarding the purchase of her car. She purchased an Opel Corsa to the value of about R 66 000.00 about 18 months ago. She paid a deposit of R 15 000.00. It was … read more
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I had been in a motor vehicle accident in January 2013. I
I had been in a motor vehicle accident in January 2013. I didn't have insurance. The other driver lost control over his car and crashed into my car (in my lane). I am now trying to claim but his insur… read more
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hi my girlfirend bought a car from a motor dealer. after
hi my girlfirend bought a car from a motor dealer. after taking delivery which was on the same day that she saw it, the sales person took her to the bank to get an additional loan and they did the fin… read more
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Good day, I bought a vehicle brand new in March 2011. This
Good day, I bought a vehicle brand new in March 2011. This vehicle has never been in an accident since then. On 27 November 2012 I took my vehicle to the dealers with a warranty claim as the brakes ar… read more
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We purchased a secondhand vehicle from a large company on 13th
We purchased a secondhand vehicle from a large company on 13th of April 2011. The sales rep did not make us aware that the car ha been in an accident. We found out recently, as we have been trying to … read more
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Hi I have bought 8 cars from one dealership in the last
Hi I have bought 8 cars from one dealership in the last 10 months. I now want to trade in 3 of these cars on 3 other new cars. Example 1. I bought a car for R392k this car is 3 months old and has 5000… read more
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I purchase a Renault fluency 2.0 in April, Im not happy with
I purchase a Renault fluency 2.0 in April, Im not happy with the product after i discovered that now the value is half of the actual price which is R250000.how possible it is that the value can decrea… read more
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I have a lease agreement with STANNIC - My invoice from McCarthy
I have a lease agreement with STANNIC - My invoice from McCarthy Toyota reflects an amount for VAT. The bank have raised another VAT implication on the total loan amount- How can I pay VAT twice on th… read more
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A friend my mine a serious problem and could you kindly asssist
A friend my mine a serious problem and could you kindly asssist her. She has a car and bought another for her husband who is blacklisted, and both cars are on a balloon payment option. Her husband's c… read more
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I have motor finance with absa bank, for the last 5 years i
I have motor finance with absa bank, for the last 5 years i have been paying an additional amount to what was required, unfortunately i have had some difficulty these k=last 4 months and have missed 2… read more
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Bought a new vehicle on HP with residual value.Told when purchasing
Bought a new vehicle on HP with residual value.Told when purchasing the vehicle that at the end of HP could either settle residual or it would be refinanced. Hp was paid in full in Dec 2011 residual o… read more
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Hi, We managed a vehicle branding project that went wrong. We
Hi, We managed a vehicle branding project that went wrong. We have offered to rectify the problems to the point that the vehicles are to the client's satisfaction but have been categorically denied th… read more
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Hi, one of the properties owned in name of a cc I am a member
Hi, one of the properties owned in name of a cc I am a member of was auctioned by fnb due to arrears on the account. We negotiated with them initially to capitalize the arrears and let us pay the norm… read more
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I have to re-finance a motor vehichle for the outstanding residual
I have to re-finance a motor vehichle for the outstanding residual value and the bank wants to charge me Prime (9%) + 7.75%(16.75%) for this. My finance was with the same bank at prime less 2%. I feel… read more
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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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