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Buy2Let Cars Administration - Wheels4Sure
Buy2Let Cars is part of an investment scheme but also uses a brand called Wheels4Sure to sell PCP loans for cars to consumers. Has anyone here taken out a car with Wheels4Sure, have you had any communications from them at all about this?
There is a thread about the investment side on the Savings/Investment forum but this was more about the car loan part
There is a thread about the investment side on the Savings/Investment forum but this was more about the car loan part
Remember the saying: if it looks too good to be true it almost certainly is.
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I suspect in a situation such as this, the car/finance packages will be sold on to another financier, perhaps at a discount to enable them to become profitable.
The people who take the hit for that are the creditors of the company in administration.
It's not on DD?
Do you have the V5C?
Those not sure if toy buy road tax insurance etc etc - check the T&C's and I'm sure you are responsible for keeping the car road legal ie any defects you get them reported/fixed, no tax, insurance etc you do but read your T&C's.