PePiPoo Helping the motorist get justice Support health workers

Welcome Guest ( Log In | Register )

Buy 2 let cars scam?
martinbiz
post Thu, 3 Apr 2014 - 21:34
Post #1


Member


Group: Members
Posts: 671
Joined: 22 Mar 2007
Member No.: 11,275



Does anyone understand their business model, they seem to be spending an awful lot of money on advertising, but I can't see how it works.

You buy a car for 13k they rent it for you and pay you £250 per month for 3 years, backed up by your 'asset' and at the end of the term they give you 8k for a car that's worth probably 4 at best, maybe I've missed something dontknow.gif
Go to the top of the page
 
+Quote Post

Posts in this topic
- martinbiz   Buy 2 let cars scam?   Thu, 3 Apr 2014 - 21:34
- - enfield freddy   who pays for maintenance , new engines , insurance...   Thu, 3 Apr 2014 - 21:44
- - Gan   A brand name car rental company with vehicles less...   Fri, 4 Apr 2014 - 09:12
- - glasgow_bhoy   Very strange concept. I can't help thinking th...   Fri, 4 Apr 2014 - 20:51
- - psimmons200   QUOTE (martinbiz @ Thu, 3 Apr 2014 - 22...   Fri, 4 Apr 2014 - 23:42
- - Gan   That's my prediction It's the odd ownersh...   Sat, 5 Apr 2014 - 17:06
- - Gan   Spoke to a couple of finance specialists this even...   Mon, 7 Apr 2014 - 20:57
- - Chris Hughes   Hi, I’m actually an investor with Buy2Letcars.co...   Thu, 31 Jul 2014 - 15:25
|- - Rallyman72   Isn't this a bit strange: QUOTE (Chris Hughes ...   Thu, 31 Jul 2014 - 17:09
|- - Kieran_e1   QUOTE (Rallyman72 @ Thu, 31 Jul 2014 - 1...   Thu, 31 Jul 2014 - 17:34
- - andy_foster   Holy thread resurrection Batman! The biggest ...   Thu, 31 Jul 2014 - 17:01
- - Barry S   Mr Hughes is also one of the "voices" of...   Thu, 31 Jul 2014 - 17:05
- - Gan   So who's paying him if Buy 2 Let Cars Ltd and ...   Thu, 31 Jul 2014 - 17:22
- - andy_foster   QUOTE Q. Who owns the car – the asset? A. The ca...   Thu, 31 Jul 2014 - 17:28
- - Rallyman72   Consumer Credit Licence and ICO number come back t...   Thu, 31 Jul 2014 - 17:30
- - Rallyman72   But, Unregulated schemes cannot sell directly to t...   Thu, 31 Jul 2014 - 17:41
|- - Kieran_e1   QUOTE (Rallyman72 @ Thu, 31 Jul 2014 - 1...   Thu, 31 Jul 2014 - 17:58
- - Rallyman72   OK, we'll agree that FSMA, for many, means not...   Thu, 31 Jul 2014 - 18:20
|- - southpaw82   QUOTE (Rallyman72 @ Thu, 31 Jul 2014 - 1...   Thu, 31 Jul 2014 - 18:23
- - Peterandmike   A Ponzi scheme (eg Bernie Madoff) is a scam where ...   Sun, 17 Aug 2014 - 15:18
- - captain swoop   OK as long as you get in and out at the right time...   Sun, 17 Aug 2014 - 22:36
- - phoenix61   Hi everyone - this is my first (and possibly only)...   Wed, 20 Aug 2014 - 20:43


Closed TopicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



Advertisement

Advertise here!

RSS Lo-Fi Version Time is now: Wednesday, 8th December 2021 - 22:08
Pepipoo uses cookies. You can find details of the cookies we use here along with links to information on how to manage them.
Please click the button to accept our cookies and hide this message. We’ll also assume that you’re happy to accept them if you continue to use the site.