How the Payment Saver Plan Works

The parts of the PSP (Post & Share, the prescribed groups, Shop & Save, the written agreement and the ex gratia cash-back) and how they fit together.

The plan has parts that are easy to blur together: Post & Share, the prescribed groups, Shop & Save, the written PSP agreement and the ex gratia cash-back. Post & Share and Shop & Save are two parts of one plan, and together with the prescribed groups they make up the qualifying requirements. Meet them in full and, subject to the plan's terms and Car4Less's final determination, you may receive an ex gratia payment of up to R3 000 a month. No referral sale is needed.

The questions below walk through how the parts fit together, why rules exist, and what happens when a requirement is missed. Post & Share means three approved posts a day on each of Facebook, Instagram, TikTok, YouTube and LinkedIn, every day, and every post is approved by Car4Less before it is released. Your bank finance agreement, arranged through the Car4Less finance application, is untouched throughout: your instalment is paid by debit order to the bank as usual, and the PSP runs alongside it, never instead of it.

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The fundamental PSP principle

Meet the Payment Saver Plan's qualifying requirements, remain subject to the plan's terms and conditions and Car4Less's final determination, and you may receive an ex gratia payment of up to R3 000 a month, which effectively reduces your monthly vehicle instalment.

Guaranteed funding. Conditional participation. Discretionary payment. The R3 000 funding provision is guaranteed by Car4Less's performance guarantee, a contingency policy that Car4Less holds with its underwriters, according to its policy terms. Your cash-back is conditional on your participation and discretionary: Car4Less makes the final ex gratia decision. Guaranteed funding does not mean automatic cash-back. You pay no premium, are not a party to the policy and have no claim under it, and the Payment Saver Plan itself is most definitely not a policy.

The qualifying requirements must be met in full: three approved posts a day on each platform — Facebook, Instagram, TikTok, YouTube and LinkedIn — every day of the week, using approved Car4Less content; joining the prescribed groups; and completing the Shop & Save verified-shopping requirements. Every post is submitted to Car4Less for approval before it is released, and only approved, published posts count. You do not have to produce, demonstrate or be credited with a vehicle sale resulting from your posts, shares or shopping.

“Ex gratia” means a voluntary payment by Car4Less, not one arising from a contractual or legal obligation. Car4Less decides, in its sole discretion, whether to pay or not to pay, and the participant has no recourse. The PSP cost, which differs from deal to deal as determined by Car4Less, is incorporated into the vehicle's financeable retail price, and your instalment continues to be paid by debit order to the bank in the usual way. Any cash-back is paid into your Mastercard rewards card.

The plan comes with the Programme Car: a brand-new car at the Car4Less price plus the plan, set out in a separate offer to purchase, financed exclusively through the Car4Less finance application and submitted to the major banks. Cash purchases are not permitted and private finance is not accepted. Over a full finance term, what you could potentially receive back far exceeds the cost of the plan.

How the Payment Saver Plan Works — questions

The questions people ask about how the payment saver plan works, answered plainly.

What are the main components of the PSP?

The PSP is made up of the written PSP agreement; the qualifying requirements, namely Post & Share (three approved posts a day on each of Facebook, Instagram, TikTok, YouTube and LinkedIn, every day), joining the prescribed groups, and Shop & Save (verified shopping at participating partners); and the potential ex gratia cash-back of up to R3 000 a month, paid into a Mastercard rewards card, all subject to the Terms & Conditions.

Do I receive money simply for participating?

Not automatically. The qualifying requirements must be met in full, and even then any payment is ex gratia: a voluntary payment of up to R3 000 a month, made at Car4Less's final determination in its sole discretion. A participant may receive less than the maximum or nothing, and has no recourse if Car4Less decides not to pay.

Why are there rules attached to the PSP?

The rules establish what counts as qualifying participation (three approved posts a day on each of the five platforms, the prescribed groups and Shop & Save) and help ensure that the plan is applied fairly and consistently to every participant. They are set out in your written PSP agreement and the Terms & Conditions, as amended from time to time.

What happens if I do not comply with the PSP requirements?

The requirements are all-or-nothing: the prescribed participation must be completed in full. If a requirement is missed, you may not be considered for the cash-back; the Terms & Conditions set out the detail.

Do my posts have to sell a car?

No. You do not have to produce, demonstrate or be credited with a vehicle sale resulting from your posts, shares or shopping. Posting is one requirement, not a payment trigger: the prescribed groups and Shop & Save must also be completed, and what counts is completing the prescribed participation in full.

Does the PSP replace my vehicle finance agreement?

No. The PSP does not replace or change the vehicle finance agreement, which remains subject to its own terms and conditions. Your instalment continues to be paid by debit order to the bank in the usual way.

The Car4Less Payment Saver Plan (PSP) is a non-insurance product and most definitely not a policy: you buy no policy, hold no policy and pay no premium. It is not an investment, bank deposit, interest-bearing product, dividend programme or a programme that promises income, and it does not change your finance agreement with the bank. Finance for a Programme Car is arranged exclusively through the Car4Less finance application; cash purchases are not permitted and private finance is not accepted. Any payment referred to in connection with the PSP is an ex gratia payment of up to R3 000 a month, made subject to the written Payment Saver Plan agreement, the current PSP Terms & Conditions and the final determination of Car4Less in its sole discretion; the participant has no recourse. Any cash-back is paid into the participant's Mastercard rewards card, issued and administered by a regulated provider. Examples are provided for explanatory purposes only and do not create or extend any entitlement. The R3 000 funding provision is guaranteed by a performance guarantee (a contingency policy) that Car4Less holds with its underwriters, according to its policy terms; participants pay no premium, are not party to it and have no claim under it. Guaranteed funding does not mean automatic cash-back: any cash-back remains conditional on the participant's participation and discretionary. The current Terms & Conditions remain the controlling document and prevail in the event of any inconsistency with this knowledge centre. Read the Terms & Conditions →

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