Sidw

I visited Cherry Cape Gate intending to purchase the Chery Tiggo Pro 4 (2026 model), advertised at R299,900 VAT inclusive

I visited Cherry Cape Gate intending to purchase the Chery Tiggo Pro 4 (2026 model), advertised at R299,900 VAT inclusive. I requested a pre-approval, which was done, and a deal was structured. While the consultant accommodated my requests (interest rate adjustment, balloon payment, and repayment term), I had serious concerns about the final pricing. I was told the finance house, WesBank, increased the vehicle price by over R32,000, which makes no sense. A reduced interest rate (from 10.25% to 9.35%) should benefit the consumer, not result in a higher overall price. Instead, the deal created more financial pressure. In all my years of buying cars, I’ve never experienced a finance house increasing the vehicle price. This lack of transparency is concerning. I’m still awaiting feedback.