South African sports broadcaster Robert Marawa is reportedly in financial trouble with the bank.
It was reported by the City Press that a financial service provider is looking to repossess his Mercedes Benz AMG after he allegedly failed to pay the balloon payment, amounting to over R1 million.
According to Citizen news which reported that the Mercedes Benz publication said that Robert Marawa has been taken to the Pretoria High Court for failing to pay R1,097 986 to Mercedes-Benz’s in-house financial services.
It was said that the dealership was granted a court order to cancel the sales agreement and repossess the car in August. The dealership was also granted permission to apply for an order to obtain any outstanding balances on the loan following the resale of the car.
According to court documents seen by City Press, Robert had missed a payment of the balloon amount last December.
The sports broadcaster and former radio host is reportedly still in possession of the Mercedes-Benz according to Citizen news. The cost of the vehicle is estimated to be R1 431 304 million and Robert agreed on the sale of the car in November 2018.
He paid nearly R29,000 a month in installments over 36 months and was left with the balloon payment in December 2021. Robert has reportedly requested the dealership to refinance the balloon payment however the bank denied his request.
According to Citizen news, Mercedes Benz claims that they informed Robert he was in arrears in writing in court documents in February. They also requested the car be returned and cancel the terms of the sale agreement.
Robert responded to the publication through his attorneys and said he had not breached the agreement and challenged the authority of the court.
“The defendant denies that the above honourable court has jurisdiction to adjudicate this matter and puts the plaintiff to proof. The defendant denies material breach of the loan agreement and puts [the] plaintiff to proof thereof.”
Roberts claims were found vague and the dealership required that he pay his balloon installments.
