Due to turbulent economic times, many South Africans are keeping their cars for longer. This means more high-mileage cars on the road – a higher safety risk due to the increased chances of a mechanical failure, as well as a financial risk to owners whose vehicles are out of warranty.
Ricardo Coetzee, the head of Auto & General, said: “It may be a good financial move to keep your vehicle for longer to save on repayments, but the older the vehicle, the higher the risk of a mechanical breakdown – often with parts that are expensive to repair. A good extended