If you haven’t skipped a payment but are in financial trouble, you can voluntarily surrender the vehicle to your financier.
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.
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.