Final Payment
On month 37 the investor receives their final exit payment from Buy2LetCars completing their returns. This final payment consists of the remainder of capital and interest element.
Invest and Purchase
The process begins with investors lending their investment amount to Buy2LetsCars for three years. We then use this amount to purchase a brand new car on your behalf.
Vetting and Leasing
Wheels4Sure then leases that car out to a thoroughly vetted UK driver over that three year period - usually a driver with a less than perfect credit rating but who can afford the monthly payments.
Monthly Payments
Every month the driver makes their lease payment and Buy2LetCars repays the investor into a UK bank account - every month for 36 months. These payments are wholly return of capital with no interest therefore attracting no tax.
Maintenance
Wheels4Sure manages every element of the lease including scheduled car maintenance, checking that insurance is in place, handling fines and monitoring mileage.
End of Lease
At the end of the 36 months the driver returns the vehicle and often chooses another brand new vehicle to lease for the next three years.
Final Payment
On month 37 the investor receives their final exit payment from Buy2LetCars completing their returns. This final payment consists of the remainder of capital and interest element.
Invest and Purchase
The process begins with investors lending their investment amount to Buy2LetsCars for three years. We then use this amount to purchase a brand new car on your behalf.
Vetting and Leasing
Wheels4Sure then leases that car out to a thoroughly vetted UK driver over that three year period - usually a driver with a less than perfect credit rating but who can afford the monthly payments.
Monthly Payments
Every month the driver makes their lease payment and Buy2LetCars repays the investor into a UK bank account - every month for 36 months. These payments are wholly return of capital with no interest therefore attracting no tax.
Maintenance
Wheels4Sure manages every element of the lease including scheduled car maintenance, checking that insurance is in place, handling fines and monitoring mileage.
End of Lease
At the end of the 36 months the driver returns the vehicle and often chooses another brand new vehicle to lease for the next three years.
Final Payment
On month 37 the investor receives their final exit payment from Buy2LetCars completing their returns. This final payment consists of the remainder of capital and interest element.
