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Patrick Malungana News Today : Breaking News, Live Updates & Top Stories | Vimarsana

WENDY KNOWLER | Beware the new car gift you pay for

The National Credit Regulator has run out of road in its fight to outlaw the car finance banks’ practice of ‘padding’ loans with ‘on-the-road’ fees

National credit regulatorKnowler consumerSunday timesComment policyWendy knowlerPatrick malunganaNational credit actMercedes benzNational consumer tribunalPretoria high courtReaking newsSunday timesHe timesUsiness timesShisa live

Court rules car financiers allowed to add extra costs o

BMW, Mercedes-Benz and VW Financial Services have won on appeal, which now gives dealerships the green light to charge extra to prepare vehicles for sale.

South africaPatrick malunganaGraham moshoanaNational credit regulatorNational creditNational consumer tribunalPretoria high courtJudge grahamBusiness maverickActing judge patrick malunganaDaily maverick

Volkswagen, Mercedes and BMW win SA court battle over fee refunds to car owners

The High Court in Pretoria has ruled that VW, Mercedes-Benz and BMW did nothing wrong by financing on-the-road fees.

South africaPatrick malunganaGraham moshoanaAnthony millarGauteng high courtNational credit actNational consumer tribunalMercedes benz financial servicesFinancial servicesNational credit regulatorVolkswagen financial servicesNorth gauteng high courtMercedes benz financialJudge patrickJudge graham moshoanaMercedes benz

On-the-road fees in vehicle finance do not contravene credit act

High court overturns compliance notice issued against Volkswagen Financial Services.

South africaPatrick malunganaGraham moshoanaAnthony millarNational credit actNational consumer tribunalFinancial servicesMercedes benz financial servicesNational credit regulatorVolkswagen financial servicesHigh courtJudge anthony millarJudge graham moshoana

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