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Tricks To Avoid When Purchasing A New Car – BizNis Africa

Tricks to Avoid When Purchasing a New Car – BizNis Africa

Top Debt Tricks to Avoid When Purchasing a New Car

In this BizNis Africa article Wikus Olivier, debt counsellor at DebtSafe, discusses the various debt tricks to avoid when purchasing a new car.

Consumers often fall for alluring promises of low interest or zero deposit. These offers might seem attractive when advertised, but it will most likely have serious consequences in the near future.

Many individuals going through debt counselling have experienced these types of debt tricks. Leading them deeper into debt. This is because consumers don’t really look at the fine-print. Ending up with higher instalments or having to pay back their loan over a longer period of time. Wikus lists four debt tricks to avoid when purchasing a new car.