With the announcement that the South African Insurance Association (SAIA) will formally open its Vehicle Salvage Database (VSD) to the public, there will be fewer written-off vehicles finding their way back into the market and being bought by unsuspecting consumers. The Retail Motor Industry Organisation (RMI), welcomed the recent announcement by SAIA confirming it will […]
South Africa’s Fuel Retailers Association have proposed scrapping the country’s controversial Road Accident Fund (RAF) in favour of a mandatory insurance scheme. Business Tech reported that the proposal was to introduce mandatory driving insurance in South Africa – and knock more than R2 off the petrol price.
This article was written by a Staff Writer at Businesstech.co.za. SAMBRA would like to share it with its members and the general public. See the bottom of the page to find the link to the original article. The Russia-Ukraine war will have a notable impact on South Africa’s car market, but not for some of […]
Used-car buyers will soon be able to check if a vehicle has been written off. Richard Green Talks to Thabiso TT Tema on Power Breakfast.
Richard Green, National Director of SAMBRA talks to Thabiso TT Tema from Power 98.7 about incidents where buyers are unknowingly purchasing very poorly repaired, previously written-off vehicles, seen as uneconomical to repair by insurers. They discuss the risks involved for second-hand car buyers, such as serious accidents and the way forward through the creation of […]
SAMBRA has been campaigning hard over the last four years for the South African Insurance Association (SAIA) to release more information to the market with regard to the status of written-off vehicles. Richard Green, National Director of SAMBRA says that without a register to refer to, there is no way of stopping these cars from […]
