Rules, the PSP Agreement & Terms and Conditions

The written PSP agreement every participating buyer signs, the content-conduct rule, and why the Terms & Conditions prevail over any article, post or older wording.

Every new-car buyer who takes part in the Payment Saver Plan enters into a written Payment Saver Plan agreement with Car4Less that sets out the requirements, benefits and conditions in full. The plan is also governed by the Terms & Conditions published on car4less.co.za, which define eligibility, participation, content, verification, exclusions and how disputes and amendments are handled, and which prevail over anything written elsewhere, including this knowledge centre and older social-media posts.

The agreement includes a content-conduct rule: participants may not create or publish defamatory, deliberately misleading or maliciously negative content about Car4Less, its people, products or services, and a deliberate breach disqualifies the participant from any further PSP benefits for the remainder of their vehicle agreement. Genuine positive content about your own experience is encouraged. Read the full agreement and Terms & Conditions before relying on any explanation. The plan rules also require every post to be submitted to Car4Less for approval before it is released.

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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.

Rules, the PSP Agreement & Terms and Conditions — questions

The questions people ask about rules, the psp agreement & terms and conditions, answered plainly.

Why are the PSP Terms & Conditions important?

The PSP Terms & Conditions govern the operation of the Payment Saver Plan and establish the applicable rights, obligations, qualifying requirements, exclusions and conditions. Together with your written PSP agreement, they are the definitive rules.

Can a blog article change the PSP Terms & Conditions?

No. The blog explains the PSP; it cannot create an entitlement that is not in the written PSP agreement or the governing Terms & Conditions. If an article and the Terms & Conditions appear to differ, the Terms & Conditions determine the position.

Can Car4Less amend the PSP?

Any amendment must be made in accordance with the PSP Terms & Conditions and applicable law. Participants, in turn, must comply with the rules as they stand: compliance with the PSP rules is fundamental to being considered for the cash-back.

Do I sign a written agreement for the Payment Saver Plan?

Yes. Every new-car buyer who takes part enters into a written Payment Saver Plan agreement with Car4Less. It sets out the qualifying requirements, the potential benefit and the conditions in full.

What content am I not allowed to publish about Car4Less?

Participants may not create or publish defamatory, deliberately misleading or maliciously negative content about Car4Less, its people, products or services. Genuine positive content about your own experience is encouraged, and the written PSP agreement sets out the rule in full.

What happens if I deliberately breach the content rule?

A deliberate breach disqualifies you from any further PSP benefits for the remainder of your vehicle agreement. Your finance agreement with the bank is not affected, and your instalment remains payable by debit order as usual.

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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