Buy2LetCars was established in 2012 along with Wheels4Sure as a unique business model, offering an elegant solution to two problems that emerged from the 2008 banking crisis:
- Investors struggle to find a place to invest their money in order to attract a reasonable return. Traditional routes such as ISAs, fixed bonds or deposit accounts no longer produced sufficient results and the buy to let property market became unpredictable and sometimes extremely lengthy and complicated.
- Many individuals now find it harder than ever before to borrow money and build and maintain credit lines meaning that funding for larger purchases, such as a new car, are either unavailable to them or leveraged with astronomical interest rates making them unaffordable.
Buy2LetCars bridges that gap in the market and provides investors with a way to fund brand new vehicles which our sister company Wheels4Sure then leases out. It means minimal involvement for the investor, but crucially, the returns are between 7% and 11% IRR PA*. For the car driver it means that they can lease a brand new car with a full manufacturer’s warranty, a service plan and breakdown cover for one affordable fixed monthly payment.
Since being founded in 2012 we have not only enabled thousands of people to drive a new car but have consistently delivered returns of between 7% and 11%* IRR PA to every investor. Our founder and CEO Reginald Larry-Cole describes this as ‘compassionate capitalism’.
We operate from offices in West Wickham in Kent and Godstone in Surrey and have seen the companies grow enormously since 2012 with future expansion plans in place for the next three year period.
Our team are all dedicated professionals with decades of experience in the automotive industry and welcome questions on every aspect of our business model.
Obviously our funding options and services may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from an independent financial advisor. More information about our services are available on our FAQs page here and a description of the risks are available on our Key Risks page here.
If you would like to receive regular updates on Buy2LetCars you can register here.
* These figures are typical returns that are expected to be paid to investors. Estimated returns may vary depending on the specific terms of any investment, but will always be shown to you before you invest. Actual returns may be lower than expected. For more information about how returns are calculated and the risks involved, please see our FAQs here.
** Since 2012 100% of our investors received the returns they were expecting when investing with us.
Your capital may be at risk. The value of your investment may reduce in value and actual returns may be lower than expected. Past performance is not a reliable indicator of future returns. Please familiarise yourself with the risks involved by reading our FAQs and Key Risks.