HIRE-PURCHASE CARS
SOUTH AFRICAN DECISION.
[BY CABLE —PRESS ASSN. —COPYRIGHT.]
CAPE TOWN. August 9.
It is reported that the South African Government has decided that criminal proceedings shall not be instituted, after December, against people disposing of motor cars before they have completed their hire purchase payments on them. It is pointed out that much of the present depression is due to people having no money except to pay the instalments for their motors, the traders of which it is considered, should not have a prior claim over other creditors. Eighty per cent. of. the motor cars are being sold on the hire purchase system. Cabinet Ministers in their recent, speeches have given attention to the excessive number of motorists in comparison with income tax-payers.
The trade regard this action as a tremendous blow.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GEST19300811.2.29
Bibliographic details
Greymouth Evening Star, 11 August 1930, Page 5
Word Count
134HIRE-PURCHASE CARS Greymouth Evening Star, 11 August 1930, Page 5
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Greymouth Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in