Buy a car for girlfriend

[Dolby]

Would you advise against it ? Would I lose alot of money doing this as a favour, if following the conditions below?

• 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?

 

[AVSA Andrew]

 

[chipwelder]

 

[Shonver]

 

[Ian]

 

[Dolby]

 

[Byrd2]

 

[Norval]

 

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[Norval]

 

[GECO]

 

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[Norval]

 

[Dolby]

 

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[gbyleveldt]

 

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