Stephen Grootes speaks to Justus Visagie, Motoring Journalist about growing concerns over the resale value of Chinese vehicles in South Africa. Motor retailer Combined Motor Holdings has warned that some Chinese car owners are experiencing steep depreciation, leaving them owing banks more than their vehicles are worth. With Chinese brands now accounting for 20% of new vehicle sales, questions are emerging about their long-term resale value, the cost of ownership and whether their competitive prices are translating into genuine savings for motorists.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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