Refunds due: VW financers' 'on the road, admin and handling fee' unlawful

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The tribunal ruled that VW Financial Services SA should cease to charge consumers 'on the road' admin and handling fees on credit agreements from April 10 2019.

The road, admin and handling fees charged by Volkswagen Financial Services South Africa on consumer credit agreements is unlawful, the National Consumer Tribunal ruled on Monday.

The tribunal found that the fees were not permitted to be charged on credit agreements by the National Credit Act.• Cease to charge consumers"on the road" admin and handling fees on credit agreements from April 10 2019 and to submit written confirmation to the NCR to this effect.

 

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So shud i expect a refund from my first purchase until the last car i bought from vw?

All Dealerships charge these fees. Can we go claim refunds for this absurd on the road fees?

FordCredit too. Nxa

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Regulator orders VW to refund 'on the road' fees charged to consumers illegallyThe National Consumer Tribunal has ordered VW Financial Services SA to refund customers who were charged unlawful fees in credit agreements concluded with the company. We all know they will take this judgement on judicial review to avoid paying up. How much is this, Lord knows I need the money 😂 These charges are not standard anything from R3500 and above, it varies from one invoice to other but we don't know how was it determined.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Regulator orders VW to refund consumers charged illegallyThe National Consumer Tribunal has ordered VW Financial Services SA to refund customers who were charged unlawful fees in credit agreements concluded with the company.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Regulator orders VW to refund 'on the road' fees charged to consumers illegallyThe National Consumer Tribunal has ordered VW Financial Services SA to refund customers who were charged unlawful fees in credit agreements concluded with the company. We all know they will take this judgement on judicial review to avoid paying up. How much is this, Lord knows I need the money 😂 These charges are not standard anything from R3500 and above, it varies from one invoice to other but we don't know how was it determined.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Regulator orders VW to refund consumers charged illegallyThe National Consumer Tribunal has ordered VW Financial Services SA to refund customers who were charged unlawful fees in credit agreements concluded with the company.
Source: SowetanLIVE - 🏆 13. / 63 Read more »