WesBank Talks Finance
For over 50 years, WesBank has been a trusted provider of vehicle and movable asset finance in South Africa. We're committed to providing informative and responsible finance solutions and believe that knowledge is key, especially when entering into a finance agreement. As your vehicle partner for life, we hope that the insights you gain from our conversations with industry experts will help you make informed decisions.Please note that the information shared in this podcast is for educational purposes only and does not constitute financial advice.
WesBank Talks Finance
Would you have spotted these used car red flags?
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WesBank
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Real stories, red flags, expensive lessons. In this episode, Lufefe Mayekiso of Motorzar TV, Phoebe Nyashanu of Piston Me Off and Kudzai Matanhire of Cars 924 share some bad experiences of buying used cars - and what they learned from their mistakes.
Views expressed in this podcast are that of the participants and does not necessarily reflect the official position of WesBank. The information does not constitute financial advice and is not to be acted on as such. Please consult your bank or an accredited financial advisor before making financial decisions.
The problems started 24 hours after buying the car
She almost bought a stolen car
Damage from an undisclosed accident
Expensive repairs that cost more than the car itself
What would you do differently now?
Beware of pressure tactics and check the VIN
Researching a model before you buy
Budgeting for maintenance and finding spare parts
Some tips for inspecting and test-driving a used car
Would you buy second-hand again for your next car?