11025
Member of DD Central
Posts: 738 
Likes: 859
|
Post by 11025 on Apr 12, 2016 9:02:31 GMT
Looking back , Chelsea Tractors were very unpopular in 2007/8 , road fund price hikes had slowed the market down considerably but people were still buying because the cars showed value and the ltv on this is adequate to cope with this , however I still think given the amount of time that has passed an update on value should be called for and where is the trader who has agreed to purchase ? I don't own one or want to but there will always be people that do.
|
|
duck
Member of DD Central
Posts: 2,874
Likes: 6,926
Member is Online
|
Post by duck on Apr 12, 2016 9:54:52 GMT
I think you have just named their latest model 
|
|
11025
Member of DD Central
Posts: 738
Likes: 859
|
Post by 11025 on Apr 12, 2016 10:16:39 GMT
I think you have just named their latest model Sounds like a slinky 2 seater roadster ! 
|
|
skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
Posts: 787
Likes: 424
|
Post by skippyonspeed on Apr 12, 2016 10:50:25 GMT
I'll send them an invoice  |
|
11025
Member of DD Central
Posts: 738
Likes: 859
|
Post by 11025 on Apr 12, 2016 11:13:14 GMT
I emailed FS yesterday with regard to the trader purchasing the RR and they have just replied saying that is still the case.
|
|
|
|
Post by profunder on Apr 13, 2016 22:07:18 GMT
I emailed FS yesterday with regard to the trader purchasing the RR and they have just replied saying that is still the case. I am guessing the trade purchaser may be a Funding Secure director, why else would they have this open offer. to be fair I would buy the Ferrari at loan+interest, so chance of loss is zero and it pays 12% Maybe FS should start getting "underwriters" to underwrite buying assets on more loans in event of default. I'd underwrite a fair amount, but how to ensure the guarantee is good.. Hmm.
|
|
