kingr said:gavsadler said:Also be wary of these "Guaranteed buy back" deals, there is bound to be small print related to this process.
I heard of a story where someone bought a 3-series on this plan. When it came time to give the car back, they essentially walk around the whole car to inspect it...
"Oh, I see a scratch on the bottom of the front bumper, we will have to respray the entire bumper, R5k".
"Scratch on door - another R5k".
"Wheels have scratches - need to be repaired, R8k".
Something along those lines, but they literally nitpicked every little thing. At the end of the day, they guy was offered R60-70k LESS THAN the guaranteed buy back price.
This is the real reality of all these deals. It’s not as rosy as the dealership make you believe. We’ve written a detailed article explaining exactly this issue with Agility finance from MB. https://www.wheelindex.co.za/blog/h...agility-finance-work?id=xFszssBEu4qAOsuogQgs0
You don’t just “jump” into a new car at the end.
Nice blog. I found it very informative