Major win for consumers: Banks now liable for defective financed vehicles
A new Supreme Court of Appeal judgment allows consumers to claim directly from banks when financed vehicles are defective Katlego Sekhu Photo by Antoni Shkraba Studio: https://www.pexels.com/photo/woman-in-black-blazer-standing-beside-black-car-7144185/ A recent Supreme Court of Appeal ruling has brought major relief to South African car buyers, confirming that consumers may hold banks accountable when financed vehicles turn out to be defective. The decision follows earlier confusion following a ruling by the High Court […]