Next Thing
Executive Member
- Joined
- Jan 31, 2005
- Messages
- 7,614
- Reaction score
- 10,261
This guy's business model is the problem. Those people were blacklisted for a reason. They didn't pay what they owed.
So why does he assume now that they will suddenly start paying what they owe?
Recipe for disaster all around and it's kinda hard to have any sympathy for them.
He assumed personal risk for them and now the personal risk is coming home to roost.
Agreed
The owner is always the one who is ultimately responsible. One reason I will never buy someone else a car on my name other than my wife and maybe kids.
Also I had a look at his website and did a quick calc
A R300K vehicle over 66 months he is quoting at R16800/month incl insurance no deposit.
If you did your own finance R300k no deposit over 66 months ( which is not available ) would be +- R5927 per month based on 10% interest.
Even counting in R1000/month insurance, how is R10 000/month profit helping the poor lol. One big ripoff scam.
Also he is saying he has 800 vehicles on his name at R80000 total bill = R100 per vehicle. LOL @ the profit he is making he should just pay the bill.
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