To raise capital to invest in stock sourced for the car buying public. Investors will qualify for industry-level discounts on car purchases
After 33 years working in the retail motor industry, I have seen many changes in the way people buy cars. For many people, wandering in to a car showroom is a daunting prospect and not in line with the way we purchase many other goods today. The aim is to provide a complete car sourcing service of low mileage vehicles that are less than 3 years old, still under manufacturer warranty and with complete service history. These will typically be ex-leasing company cars returned from contract early, or ex-Motability grade 1 vehicles.
The investment proposal is simple - the maximum pledge is £500 and whatever you decide to invest will qualify you for a discount of double your stake on a car purchase. Therefore an investment of £400 will give you a guaranteed discount of £800 from the price of a sourced vehicle.
This project closed unsuccessfully on 8th January 2020