Blogs from James Middleweek
The best way to invest £50k
Here at Buy2LetCars all our investments are based around a fixed unit price so for example if you are looking to fund a used car the value will range from £7-£10k and will give a rate of 7% IRR over 3 years.
If, however you are looking to fund a new car it is a unit price of £14k with rates from 9-11% IRR PA depending on how many units you fund. So, when we are asked “What is the best way to invest £50k” (or a similar lump sum) our first reply is it all depends on how you would like to split your investment.
If you wanted to fund 3 new cars you could invest £42k at 10% IRR PA and with your outstanding £8k you could fund a used vehicle at 7% IRR PA.
If a client can stretch to it they can fund 4 units at £56k at 10% IRR PA. That would be our recommendation anyway to enjoy the better rate of return but please click here to view our funding calculator and make your own mind up.
What we have found is that all our clients that ask for advice about our products have one thing in common. They have all dealt with my colleagues and received a friendly, impartial service in a non-pressurised environment.
Buy2LetCars prides itself on its approach to client needs and understands the importance of a timely and consultative manner.
Please click here to view what our clients have to say about us. If you have funds you are looking to get working harder and would like further information, please do not hesitate to get in touch and arrange a meeting.
If you want to know more you can come and visit our lovely walk in centre at 1 Bell Parade, Glebe Way, West Wickham BR4 0RH contact me on 0203 823 1031 or firstname.lastname@example.org.