Fees! Kelly Khumalo’s Car To Get Repossessed

Fees! Kelly Khumalo’s Car To Get Repossessed

Kelly Khumalo’s car will allegedly get repossessed by Nedbank after failing to keep up with monthly instalments. According to Sunday World, the Esiphambwaneni hitmaker has reportedly defaulted her payments and is currently faced with R62 000 arrear fees.

Read more: Khanyi Mbau’s Cars Allegedly Get Repossessed By The Bank

The luxury car in question is a 2011 Porsche Cayenne Tiptronic vehicle that she purchased in March 2017 through a loan of R500 000 from Nedbank. Kelly was obligated to pay just under R10 000 every month up until April 2023. This excludes insurance for the car.

After failing to keep up with such payments, Motor Finance Corporation (MFC) has managed to file papers at the Joburg High Court, for a default judgment against Khumalo.

In July this year, Nedbank’s attorneys, DRSM Attorneys wrote a letter of demand to Kelly, instructing her to pay up and keep her account up to date. On August, the agreement was cancelled after Kelly failed to respond to the letter.

She then received further communication from the banks asking her to bring back the vehicle, as the agreement has now been cancelled. Further action was taken in the form of summons and according to the publication she still refused to comply.

The company is now waiting for the banks’ go-ahead in repossessing the vehicle as Kelly has failed to do so.

Just last week, we reported on another prominent figure who got her two luxury cars repossessed by Standard Bank for also failing to keep up with her payments.

Standard Bank has allegedly gotten the court’s approval to repossess media personality Khanyi Mbau’s two luxury sports cars after she failed to keep up with the monthly instalments.

According to City Press’s latest developments, Khanyi Mbau failed to respond to the court papers that were handed to her on time. The German cars in question are a 2015 Porsche 912 Carrera and a 2014 Mercedes-Benz ML 63 AMG.

“Take note that the applicant intends to make application to the above honourable court for an order in the following: confirming the cancellation of the following instalment sale agreement, that the respondent shall immediately return the following assets to the applicant; 2014 Mercedes-Benz ML 63 AMG with engine number… and 2015 Porsche 911 Carrera GTS PDK 911,” reads the notice of motion, as quoted by Sunday World a month ago.

After allegedly missing two months’ worth of payment, her accounts are in arrears and with the court taking the bank’s side, she has to hand over her cars. The actress and radio personality had advised the bank last month that she sold the Mercedes-Benz before receiving any court orders.

The cars apparently cost R1.5 million each and the reality star was allegedly paying approximately R28 000 for each car. It is reported that Khanyi missed payments for three consecutive months starting from March this year, but settled those fees.

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