This is an initial taster project funded and guaranteed by me. If this initial project is a success, the plan is to set up as a business charity. The beneficiaries will be multiple cancer charities. For this first project, on any profit that I make, 15% will be donated to Hospice of St Francis.
Here are the project particulars:
- Guaranteed 100% investment capital return upon sale
- Share of capital appreciation = 90% of investment % of car purchase value.
- E.g. if car costs 30,000, you invest 15,000 and car sells for 60,000, you will receive 15,000+(15,000*0.90) = 28,500
- Maximum 3,000 miles added per annum to the car by owner + miles added by investor(s).
- Access to use car 1 day per annum, per £1,000 invested, subject to availability. You will need to pick up and deliver back at location. Insurance born by project/owner.
- Car target market: Porsche 911 996 Turbo < £40,000 and less than 70,000 miles at time of purchase.
- Car repair, maintenance cost & depreciation risk is all born by project/owner.
- Project progress will be posted for easy access to investors.
- Decision to sell will be solely done by project/owner.
- Minimum term before Investor can demand sale of car: 10 Years
- Project/owner can elect to sell at any time and return capital and profits to investor
- Maximum investor investment: 75%, rest is funded by Project/Owner