A Capetown car dealership has lost millions worth of money and had their cars damaged in a suspected robbery case.

In a video that has since gone viral on social media, a gang of civilians armed with guns stormed a car dealership and smashed luxury cars, stole money and even computers in the store.

Police spokesperson for Capetown told SABC news that investigations are still underway in a suspected extortion case.

Extortion cases have been trendy lately in Capetown with many people losing their wealth to armed robbers in the city.