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Event Brief

SCA Rules Banks Liable for Financed Used Cars

South African Supreme Court of Appeal holds banks accountable for second-hand vehicles they finance.
WHO: Supreme Court of Appeal, South African consumers, financial institutions
WHAT: Judgment holding banks liable for financed second-hand vehicles
WHEN: Dec 18, 2025 at 7:00 PM ET
WHERE: South Africa
WHY: To protect consumers from financial losses related to defective vehicles
Sources (1): Daily Maverick

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