What you need to know:

Nam Wheels - - Front Page -

Where be­fore you could get a ve­hi­cle loan (bank ap­proval de­pen­dent) with var­i­ous op­tions, the new Namibia Credit Agree­ment Act has stricter re­quire­ments for any­one want­ing to fi­nance a new set of wheels. In essence, the act was made to pro­tect con­sumers who may have over­stretched their fi­nances to buy a car. At the same time, it also pro­tects the mo­tor re­tail in­dus­try and banks. The new act dic­tates that any fi­nance ap­pli­ca­tion re­quires (at least) a 10% de­posit and a con­tract pe­riod no longer than 54 months. No, but do con­firm that with your fi­nan­cial in­sti­tu­tion. All new ap­pli­ca­tions would be sub­ject to the new rules. Some in­sti­tu­tions may al­low big­ger de­posits (above 10%) or a shorter pe­riod (less than 54 months). Speak to your bank or the fi­nan­cial man­ager about the pre­vail­ing in­ter­est rate, what deals they of­fer and if you may choose a fixed or linked in­ter­est rate. Mostly you, the con­sumer. In­stead of pay­ing too lit­tle for a car you can­not af­ford (and pos­si­bly get­ting a very nasty sur­prise in the fu­ture) this new act en­cour­ages peo­ple to save up longer and buy cars they can af­ford.

A neg­a­tive out­come will be re­duced (non-cash) sales of ve­hi­cles.

Pos­i­tive side ef­fects in­clude fewer re­pos­ses­sions and a used car up­swing.

Golf GTI 162kw / 350Nm

GTI with Per­for­mance Pack 169kw / 350Nm

GTI Club­sport 195 - 213*kw / 350 - 380*Nm

GTI Club­sport S 228kw

Golf R 206kw / 380Nm

Here's why:

1. The most ever en­tries recorded at any of our events.

2. The most cars from South Africa ever brought up to par­tic­i­pate at any of our events.

3. The widest range of cars ever seen at an of­fi­cial drag meet.... from a 1.6 bakkie to a Mclaren su­per­car.

4. The most 10 se­cond runs ever seen in Namibia.

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