Company incentive, strange circumstances

greensalad

Other resources for in-depth looks at what it's like inside an MLM:

The Dream Podcast. Season 1: https://podcasts.apple.com/gb/podcast/the-dream/id1435743296
Elle's Beauty Blog #Poonique Story: https://ellebeaublog.com/poonique/

[Deleted User]

pma1979 said:

Herzlos said:

pma1979 said:

4: the entire point was, I was looking for advice as to how my wife could take finance, without requiring a licence, I take it NOBODY has an answer to that? 🙄

Leaving the pyramid scheme part aside, if you're intent on locking yourself into a car contract anyway, then there's nothing stopping her being the registered keeper/owner of the car without a license, you could then insure it yourself. She would, of course, need to pass the finance check on her own which will be a big ask when working for something as mercurial as an MLM.

pma1979 said:

So you’re telling me you didn’t need to show a licence to take the car? Rubbish 

I'm positive I've never had to provide a driving license in order to buy any of my cars, even if driving it away.
She'll need to provide some ID for the finance though, but a passport should be sufficient.

You’re not getting it. She cannot get the finance because of her having no license, that’s the only reason. We have money in the bank. We both have good credit. We have plenty money coming into the house, but because she can’t show a license to drive, they won’t allow her to take it! 

Who is “they” specifically? Just the one car finance lender or several? Which piece of legislation or guideline has been introduced that prohibits someone without a driving licence from obtaining car finance? 

First hit on Google brought this up from Arnold Clark....

Do I have to have a full driving licence to apply for finance?

No, you do not. You will need a full licence if you intend to drive the car on your own, however you do not need one to apply for car finance. You will need to provide some form of identification so you will need a provisional licence or passport.

A_Random_Man

I understand that you only asked about getting a car however people are passing on good knowledge mlm schemes are awful if you think they a great take a look at their income disclosure statements which are terrible and you are wrong all mlm schemes ask their participants to buy a welcome pack is how they suck you in and make money. MLM companies always ask their reps to post a fake lifestyle which isn't achievable, think about why they insist the the finance has to be in HER NAME because they give her a bonus and if she does not hit rank then she is stuck with the car. 

I honestly think you need to do more research because they are pyramid schemes with a product which the very few make a lot of money and the most make little to nothing or lose money.

Herzlos

i_want_to_believe said:

kimwp said:

pma1979 said:

How the hell os she causing poverty? She doesn’t sell to people In the company! They all buy, at the same price from the company and sell to customers. They have no outlays. It’s not possible to make someone poor if you take nothing from them. Telling me to do research, outside of the company? I’m well aware of how pyramids work. You need to research individual companies, rather than generalising. 

How can people research the individual company if they don't know what it is?

Might be this shower   https://www.uk.fmworld.com/fm-opportunity-4/car-incentive-145/
The ones that try and pass off fake copies of perfumes as
 being the same as the original

`for those that have time on their hands......
https://dearboss-iquit.com/fm-world-fm-cosmetics-review/

It's all ok apparently, it even says it's not a pyramid - "Note! MLM is not a financial pyramid! Your profits come from selling goods, not from contributions made by other members."
Those are some expensive cars, too. I doubt a 5 year lease for most of them is under £12k.

Though what I never understood here is that you're buying cosmetics at a discount (normally called wholesale) and then selling them presumably within a geographic area. That's simple enough, like Avon, betterware, etc. But in order to make more money you need downstream agents, who are presumably also going to be encroaching on your territory - there can only be so many buyers of discount/knock-off cosmetics within an area once the initial friends/family sympathy/pressure wave of sales is over. So how do you make and maintain money beyond being in the top maybe 3 tiers?

k3lvc

pma1979 said:

Herzlos said:

pma1979 said:

4: the entire point was, I was looking for advice as to how my wife could take finance, without requiring a licence, I take it NOBODY has an answer to that? 🙄

Leaving the pyramid scheme part aside, if you're intent on locking yourself into a car contract anyway, then there's nothing stopping her being the registered keeper/owner of the car without a license, you could then insure it yourself. She would, of course, need to pass the finance check on her own which will be a big ask when working for something as mercurial as an MLM.

pma1979 said:

So you’re telling me you didn’t need to show a licence to take the car? Rubbish 

I'm positive I've never had to provide a driving license in order to buy any of my cars, even if driving it away.
She'll need to provide some ID for the finance though, but a passport should be sufficient.

She’s also been told that it’s only since last year, that the agreement holder needs to have the license. Before that, you could use another one. I have done so in the past, before I passed my test, used my dad’s. 

Given you choose to call my experience 'rubbish' then please show us this new 'rule' and which dealer/finance house is applying it - a quick check today with my local BMW/Mini Business Manager was met with the response of 'what a load of !!!!!!'

KatrinaWaves

Herzlos said:

i_want_to_believe said:

kimwp said:

pma1979 said:

How the hell os she causing poverty? She doesn’t sell to people In the company! They all buy, at the same price from the company and sell to customers. They have no outlays. It’s not possible to make someone poor if you take nothing from them. Telling me to do research, outside of the company? I’m well aware of how pyramids work. You need to research individual companies, rather than generalising. 

How can people research the individual company if they don't know what it is?

Might be this shower   https://www.uk.fmworld.com/fm-opportunity-4/car-incentive-145/
The ones that try and pass off fake copies of perfumes as
 being the same as the original

`for those that have time on their hands......
https://dearboss-iquit.com/fm-world-fm-cosmetics-review/

It's all ok apparently, it even says it's not a pyramid - "Note! MLM is not a financial pyramid! Your profits come from selling goods, not from contributions made by other members."
Those are some expensive cars, too. I doubt a 5 year lease for most of them is under £12k.

Though what I never understood here is that you're buying cosmetics at a discount (normally called wholesale) and then selling them presumably within a geographic area. That's simple enough, like Avon, betterware, etc. But in order to make more money you need downstream agents, who are presumably also going to be encroaching on your territory - there can only be so many buyers of discount/knock-off cosmetics within an area once the initial friends/family sympathy/pressure wave of sales is over. So how do you make and maintain money beyond being in the top maybe 3 tiers?

Look at the income disclosure statements, you dont make money...
Avon used to have areas with only one rep per area, so it was a MLM but with more control. Nowadays those restrictions have gone, because they are just about money, not people.

pma1979

k3lvc said:

pma1979 said:

Herzlos said:

pma1979 said:

4: the entire point was, I was looking for advice as to how my wife could take finance, without requiring a licence, I take it NOBODY has an answer to that? 🙄

Leaving the pyramid scheme part aside, if you're intent on locking yourself into a car contract anyway, then there's nothing stopping her being the registered keeper/owner of the car without a license, you could then insure it yourself. She would, of course, need to pass the finance check on her own which will be a big ask when working for something as mercurial as an MLM.

pma1979 said:

So you’re telling me you didn’t need to show a licence to take the car? Rubbish 

I'm positive I've never had to provide a driving license in order to buy any of my cars, even if driving it away.
She'll need to provide some ID for the finance though, but a passport should be sufficient.

She’s also been told that it’s only since last year, that the agreement holder needs to have the license. Before that, you could use another one. I have done so in the past, before I passed my test, used my dad’s. 

Given you choose to call my experience 'rubbish' then please show us this new 'rule' and which dealer/finance house is applying it - a quick check today with my local BMW/Mini Business Manager was met with the response of 'what a load of !!!!!!'

“Business manager”? As in BUSINESS LEASE? She’s registered as a sole trader with less than the required time they would need evidence of to her a business lease. Which is why we looked at personal finance. And BMW were one of those who said NO. 

pma1979

And for the record, the person above posting the quote from “Google”, that’s from Stoneacre, who said they just haven’t changed their website but last year stopped offering finance to people without a license.
im the one being attacked here, asked for evidence, told I need to say who she “works for” (she’s self employed and it’s not relevant to the question I asked). I have no reason to lie about the fact she’s been refused, I just wanted a way of her getting round the no license thing, by using a company who will take joint finance or someone else’s license on the application !!!!!!!! 

pma1979

A_Random_Man said:

I understand that you only asked about getting a car however people are passing on good knowledge mlm schemes are awful if you think they a great take a look at their income disclosure statements which are terrible and you are wrong all mlm schemes ask their participants to buy a welcome pack is how they suck you in and make money. MLM companies always ask their reps to post a fake lifestyle which isn't achievable, think about why they insist the the finance has to be in HER NAME because they give her a bonus and if she does not hit rank then she is stuck with the car. 

I honestly think you need to do more research because they are pyramid schemes with a product which the very few make a lot of money and the most make little to nothing or lose money.

Wow. So you’re now suggesting that my wife has been asked to post a fake lifestyle to recruit 850 people!? No. And as I already said, we don’t need the advice. She’s making enough to cover the costs, never drops below the level required which is why she’s doing it now, not 6 months ago. And if she did, I have a good wage and money in the bank to cover it.

k3lvc

pma1979 said:

k3lvc said:

pma1979 said:

Herzlos said:

pma1979 said:

4: the entire point was, I was looking for advice as to how my wife could take finance, without requiring a licence, I take it NOBODY has an answer to that? 🙄

Leaving the pyramid scheme part aside, if you're intent on locking yourself into a car contract anyway, then there's nothing stopping her being the registered keeper/owner of the car without a license, you could then insure it yourself. She would, of course, need to pass the finance check on her own which will be a big ask when working for something as mercurial as an MLM.

pma1979 said:

So you’re telling me you didn’t need to show a licence to take the car? Rubbish 

I'm positive I've never had to provide a driving license in order to buy any of my cars, even if driving it away.
She'll need to provide some ID for the finance though, but a passport should be sufficient.

She’s also been told that it’s only since last year, that the agreement holder needs to have the license. Before that, you could use another one. I have done so in the past, before I passed my test, used my dad’s. 

Given you choose to call my experience 'rubbish' then please show us this new 'rule' and which dealer/finance house is applying it - a quick check today with my local BMW/Mini Business Manager was met with the response of 'what a load of !!!!!!'

“Business manager”? As in BUSINESS LEASE? She’s registered as a sole trader with less than the required time they would need evidence of to her a business lease. Which is why we looked at personal finance. And BMW were one of those who said NO. 

No - not as in BUSINESS LEASE - now you're just making stupid assumptions that people don't know what they're talking about - our local Retailers definition of 'Business Manager' is the approved approver/seller of consumer finance i.e. the exact person qualified to know what they're talking about.

You're being 'attacked' as you feel because you've not yet come up with anything other than anecdotal evidence of your issue yet everyone who's telling you there's no legal reason is somehow wrong. The longer you keep believing you're right the less chance there is of you ever getting a car