Consumer paying credit provider Standard Bank SA

Defective Peugeot boxer 3 Litre 18 seater from Peugeot SA and MGM Motors(Service Providers/Credit Providers). Asset financed by Standard Bank SA. <br> <br> Hardly a year after purchasing the car from the dealership, the car stalled, lost power, could not move, letting school children stranded aboard it on 19/01/2015 Monday.Such motor mechanism of losing power, stalling was previously communicate to the salesperson, but we were re-assured that Peugeot S.A has greatly improved the engines of these cars to a great extent, that problems experienced by previous buyers shall not happen to us in the near future but hardly a year, we experience the same as others before us.This is a large credit transaction because the amount of the defective Peugeot boxer is R443, 825, 99 (Four hundred and fourty-three thousand eight hundred and twenty five rand and ninety nine cents) payable to Standard bank of South Africa over 70 months at R6500.00 per month for something that the consumer doesn't have.<br> <br> Account no ***<br> Peugeot SA:***/ ***<br> MGM Motors Polokwane(Dealership): ***<br> Consumer Tel: ***/ ***<br> Consumer Name: Movundlela Malose Johanna (ID No: ***3