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Post by runtley on Mar 22, 2017 15:00:14 GMT
Is this the same car as is currently funded on Moneything? The sponsorship decals look the same.
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Post by savgeax on Mar 22, 2017 15:06:58 GMT
Yes it is. The loan is paying off the MT and interest.
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Post by runtley on Mar 22, 2017 15:10:58 GMT
1% higher rate for lenders on FS too!
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oldgrumpy
Member of DD Central
Posts: 5,087 
Likes: 3,233
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Post by oldgrumpy on Mar 22, 2017 15:15:47 GMT
1% higher rate for lenders on FS too! (... paid at the end of the term rather than monthly)
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mikes1531
Member of DD Central
Posts: 6,453
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Post by mikes1531 on Mar 22, 2017 15:28:12 GMT
1% higher rate for lenders on FS too! ...but only if you're quick enough to win FFF games!
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Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
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Post by Liz on Mar 22, 2017 15:51:52 GMT
1% higher rate for lenders on FS too! ...but only if you're quick enough to win FFF games! Nah, you had at least a minute to get into this one,, plenty of time. I wonder if they will give me ago in the car as I'm the largest bidder. Yeah, I doubt it too.
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Post by runtley on Mar 22, 2017 15:54:32 GMT
interesting - Moneything now stating on their part of this forum that they are no longer willing to lend against race cars. Bit of an ethereal market I suppose - I expect we shall be seeing the red race car on the platform soon then.
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archie
Posts: 1,866
Likes: 1,861
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Post by archie on Mar 22, 2017 16:18:34 GMT
Red Kia tomorrow 11am.
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Post by runtley on Mar 22, 2017 16:42:13 GMT
These are not appreciating assets, steering clear of this one.
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Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
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Post by Liz on Mar 22, 2017 17:16:46 GMT
These are not appreciating assets, steering clear of this one. Plenty of the land loans and DFL's can depreciate a long way. You don't earn 12-13% unless you are taking a lot of risk. Even the property loans often have overinflated valuations.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
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Post by ozboy on Mar 22, 2017 17:23:58 GMT
These are not appreciating assets, steering clear of this one. Plenty of the land loans and DFL's can depreciate a long way. You don't earn 12-13% unless you are taking a lot of risk. Even the property loans often have overinflated valuations. I am tempted to have another rant about "Valuations" from RICS "Professionals", but will cease and desist. 
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on Mar 23, 2017 12:00:56 GMT
Plenty of the land loans and DFL's can depreciate a long way. You don't earn 12-13% unless you are taking a lot of risk. Even the property loans often have overinflated valuations. I am tempted to have another rant about "Valuations" from RICS "Professionals", but will cease and desist. Apologies, couldn't help myself, felt compelled to weigh in re the Putney Loan on MT.
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