Would you advise against it ? Would I lose alot of money doing this as a favour, if following the conditions below?
Advice?
- The car will be R100,000
The car will be be used (20,000km)
The car will a Toyota (higher resale value than, for example, Renault)
Total payments come to R2400.00pm
Of this, I pay 2/3 (R1600.00)
She pays 1/3 (R800.00)
The car is mine - in my name - and I can choose to sell if needed
Advice?
