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Driving your way to a lower premium

Driving your way to a lower premium

A sobering thought before we all climb behind the wheel of our cars this holiday: South Africa’s roads are among the most dangerous in the world! According to the World Health Organisation, the number of road deaths in South Africa per 100 000...

Insuring your child’s car

Insuring your child’s car

Car insurance for a person under the age of 25 can be extremely high as they have a much higher risk rating than someone who has been driving for many years. They are also at that age where they are more likely to undertake risky driving behaviour....

Does a new car make us happy?

Does a new car make us happy?

I recently spent some time interviewing potential candidates for the City Press/Absa Money Makeover competition. It is so interesting that almost all applicants state that their biggest financial mistake was buying a new car. As one applicant said...

Better to own a car or to simply Uber?

Better to own a car or to simply Uber?

If you are looking for ways to save in 2017, you might want to consider tossing your car and Ubering instead. MyTreasury.co.za, which helps South Africans find the best savings account to match their needs, crunched the numbers to see when it makes...

Should you lease or buy a car?

Should you lease or buy a car?

South Africans are well known for treating their cars as status symbols. Car finance figures show that on average, South Africans who are financing their cars tend to buy a new car every three years. Simphiwe Nghona, executive head of Wesbank’s...

Understand the fine print

Understand the fine print

I often receive complaints from people who have signed agreements they haven’t fully understood. Unfortunately there is little recourse for the consumer in such cases. Take time to read the fine print. As consumers we tend to be very emotional...

How to buy a car on auction

How to buy a car on auction

Auctions are typically associated with property or fine art, however, you can also pick up a good second-hand car at an auction. The first thing you need to know when buying a car on auction is that it is sold “voetstoots”, which means that you buy...

How to sell your car privately

How to sell your car privately

As people’s budgets come under increasing pressure, the number of people who can afford to buy new cars is dwindling fast. With banks financing two used cars for every new car purchase, the second-hand car market is booming. If you want to sell...

Maya Fisher-French author of Money Questions Answered

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