I have seen a bunch of these driving around town. Cars for R499 a month with no deposit and no residual. Whats the catch?
Cars for R499 a month?
I have seen a bunch of these driving around town. Cars for R499 a month with no deposit and no residual. Whats the catch?
“I believe Ayn Rand's first love poem went: Roses are red, violets are blue, finish this poem yourself you dependent parasite".”
Colbert
You have to drive a certain amount of kilometers a month with the specific branding, the advertising space pays the rest of the installment.
Aaah thats not a bad deal then.Originally Posted by Haldex
“I believe Ayn Rand's first love poem went: Roses are red, violets are blue, finish this poem yourself you dependent parasite".”
Colbert
I believe you also have to send photographic evidence regularly that it's all still on the car.
what advertising? They advertise themselves, so let's say they put 100 cars on the road at 499 how are they making money? I could understand if the cars were advertising cell c, telkom etc but they are advertising themselves.
Advertising is so poorly done, omg it looks disgusting.
There was a special investigation news article on tv about how these deals suck...
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If trees could scream would we be so cavalier about cutting them down. What if they screamed all the time for no reason?
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the catch is you driving a piece of karkI have seen a bunch of these driving around town. Cars for R499 a month with no deposit and no residual. Whats the catch?
Most of them advertise the same deal although I've seen others like Dial Direct and Tata the company.
The advertising is around R2500/month alone so R3000/ month is right.
Advertising is advertising, 100 cars is R250 000 that's the price of a static billboard for 5 months.
And they get a car off the floor.
Its for a staff member who doesnt have a car. I am sure he does not mind driving a piece of kark as long as he does not have to work. Thought I would try help him out. I just dont wanna drop several K on this a month.
@everyone else. Do you own the cars after X amount of years? Or is it permanent lease?
“I believe Ayn Rand's first love poem went: Roses are red, violets are blue, finish this poem yourself you dependent parasite".”
Colbert
You're lining yourself up for a world of pain. The vehicle is still financed at the full purchase price (and thus the full instalment is payable every month), but you are meant to be reimbursed a portion provided you covered the mileage stipulated. Queue hassles of claims not being paid timeously (or at all), and of people stuck with repayments they can ill afford.
Don't do it. It's PowerBalance on wheels.
So I spoke to someone in town who has done this. This is what he said:
- You get paid to own or paid to drive. He went paid to drive. Basically the more KM`s you do, the cheaper your bill is.. up to R1500 off.
- The biggest schlep of this thing is apparently having to submit the monthly photographs to prove the stickers are on your car.
- He did his through the Just Group, and says everything is done electronically, and he says they are very quick with the payments.
Over all he is happy with his purchase.
Dunno if I will do it, but for many people it is still a good deal.
“I believe Ayn Rand's first love poem went: Roses are red, violets are blue, finish this poem yourself you dependent parasite".”
Colbert
Insurance? Comprehensive?
I have only ever seen advertising for the car, drive a new car for x amount. I have never seen any other advertising on it that is why i am confused.
According to my friend you have to pay for your insurance. Not all the cars are crap:
http://www.justgroup-africa.com/month.php
“I believe Ayn Rand's first love poem went: Roses are red, violets are blue, finish this poem yourself you dependent parasite".”
Colbert
Its all good and well initially but 6 months down the line do you really want to be the guy driving the car advertising Laxatives or Feminine Hygiene Products
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