Tbo Touch Calls Out Cash Car Buyers: "That is The Dumbest Thing to Do"

• Radio and TV personality Tbo Touch has dragged people who buy cars, saying banks are the biggest winners
• The star also mentioned those people who opt to purchase their vehicles via cash, saying it is dumb
• The video sparked a conversation online, with people relaying mixed views and others explaining what Tbo Touch meant

Tbo Touch relayed his opinions on the culture of bragging about purchasing cars and why he thinks it is not a very big achievement. The radio personality says this practice is very dumb.

Why people should not buy cars in cash

Media personality Tbo Touch has slammed people who still think buying cars is a major achievement, mainly because banks gain more from this deal.

Speaking in a podcast interview, Tbo Touch mentioned some people who opt to buy their cars in cash, saying it is a dumb decision.

Read also

"It's not easy": Domestic worker in tears over unbearable work conditions

"It is foolish to brag about cars when we all know that banks win in that transaction. Unless you buy it cash, which is the dumbest thing to do. We need to move away from bragging about cars."

@MDNnewss shared the clip:

Mzansi debates Tbo Touch's views

The video clip has sparked a debate on X, with some people agreeing with Tbo Touch and others unsure.

@BlaqSabali said:

"COVID showed people flames. Buying a standard car in cash is not dumb, as one can always make a plan to maintain a paid-up car when financially strained rather than the stress of losing a car and bouncing debits. This whole debate of depreciating assets is not really practical to many people."

@MindDemic argued:

I believe in leveraging, which means that I can use credit and loans wisely to enhance my buying power and potentially achieve a greater happiness index. I am not disputing that 'cash is king', but that only makes sense to people who have a lot of it and can save huge chunks in a short space of time. "

Read also

"That's why we always carrying our phones": SA reacts to lady explaining law of respect

@MJMoalusii stated:

"Yes, I mean why put R400 000 on a depreciating asset? White People don't that. Rich people don't do that."

@jaybug1313 shared:

"It all depends, buying a brand new car is a different story; purchasing a 2nd hand car in cash is less hassle, and you owe no one. Keep in mind many people buy cars on credit, but still, those cars are repossessed."

What you need to know about Tbo Touch

Thabo Molefe, originally from Sharpeville, was raised by his grandparents, Dr. PF and Rose Ntombiyokuthula Molefe. Despite their advanced age, they dedicated themselves to his well-being. Tbo also considers U.S. bishops Robert and Marjorie Jones and their children as his extended family.

Tbo Touch attended primary school in Sharpeville before moving to the U.S. at 15, where he completed his education at Thokoza Secondary School.

At 19, he interned at Def Jam Records, rubbing shoulders with industry giants like Kelvin Liles and Jay-Z. Tbo Touch also made history as the first South African to host four different TV shows, including two live ones.

Read also

"Someone please explain": SA confused about Woolies 1kg sugar price

Tbo Touch speaks against open borders

In a previous report from Briefly News, radio presenter Tbo Touch shared his thoughts on open borders in Mzansi.

He said that he is against it and that the country is not ready for such conversations as a lot still needs to be done.

Source: Briefly News