![Putting Your Money Where Your Wheels Are](https://magarticles.magzter.com/articles/15670/520868/5f719e6d62d01/Automobile.jpg)
WE LOVE OUR CARS, and after shelter, they’re often our single highest expense. There are lots of attractive offers floating around, but what are the costs we tend to forget about when looking at a deal? Do we really need to finance a car for 72 months? And what can we do when life happens and our needs – or even our finances – change? To figure this out, we spoke with Clive Prevost, the CEO of BMW Financial Services, and got a look into how the BMW Group adds transparency into the finance process.
GQ: Let’s start with the most pressing concerns. Given the current circumstances, and a pandemic that has affected almost everyone’s financial situations, what are people’s options for reviewing or changing vehicle finance? What do you do if life changes and your financial situation changes?
Clive Prevost: Firstly, if you’re entering into or have entered into a vehicle finance agreement, and haven’t yet taken insurance relating to termination of employment contracts, etc., now’s the best time to investigate. Depending on the insurance contract, your monthly repayments could be paid for an agreed time if you’re, for example, retrenched.
Diese Geschichte stammt aus der October 2020-Ausgabe von GQ South Africa.
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Diese Geschichte stammt aus der October 2020-Ausgabe von GQ South Africa.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
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Creativity Protection - Let's unpack copyright, fair use, and remix trends
We've compiled a breakdown on intellectual property considerations within our local content creation landscape
![With great power...](https://reseuro.magzter.com/100x125/articles/15670/1708917/BqIlfWKrA1716807314786/WITH-GREAT-POWER.jpg)
With great power...
The new BMW i5 M60 xDrive is an electric (and electrifying) appetiser as we wait for the full-fat M5. Walter Hayward answers some burning questions.
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CREATIVE CHRONICLES DIVERSE PATHS, SINGULAR VISIONS
We take a look at the unique narratives behind a group of creative souls. From the bold strokes of a painter's brush to the intricacies of mixing drinks, each reveals the boundless spectrum of human imagination
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African luxe aesthetic
Tshepo Rakale, a self-taught designer from Soweto, embodies the creative vision of Gvllvnt. His meticulous attention to detail and pursuit of luxury set him apart as one of South Africa's most captivating menswear designers.
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Fresh Sound
We chat to seven artists actively shaping the music landscape, exploring their distinct creative approaches and insights on crafting timeless music
![Live long and prosper](https://reseuro.magzter.com/100x125/articles/15670/1708917/aAUO7SGVv1716804555446/LIVE-LONG-AND-PROSPER.jpg)
Live long and prosper
The longest living people in the world all abide by the 'Power 9' rule
![THE art OF PERFUMERY](https://reseuro.magzter.com/100x125/articles/15670/1708917/u5TGxBd0D1716804365971/THE-ART-OF-PERFUMERY.jpg)
THE art OF PERFUMERY
The art of perfumery is not merely about pleasant aromas; it is an intricate art form that combines science, creativity, and storytelling
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The fine line between cultural appreciation and appropriation
Can the fashion industry tell the difference?
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Into The Woodź
Dive into the world of The Woodź aka Lesedi, as he unveils his musical odyssey in this captivating fashion editorial, in partnership with Isuzu and local design house, Franc Ellis
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THE MUSICAL ODYSSEY OF ASA
PARIS-BORN NIGERIAN ARTIST ASA CREATES A MUSICAL LEGACY THAT TRANSCENDS CULTURAL CONFINES