Personal Finance | How to avoid having your car repossessed

13 Apr

Maya Fisher-French

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If you haven’t skipped a payment but are in financial trouble, you can voluntarily surrender the vehicle to your financier.

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PERSONAL FINANCE

When you drive your dream car off the dealership lot, the last thing on your mind is what may happen if you can no longer afford to pay for it.

However, this is a reality for many South Africans, especially if they have bought a bigger or flashier car than they can comfortably afford.

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