{"id":92154,"date":"2014-09-05T15:50:30","date_gmt":"2014-09-05T08:50:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-cars-with-11-average-return-promised\/"},"modified":"2018-06-23T13:03:33","modified_gmt":"2018-06-23T06:03:33","slug":"buy-to-let-cars-with-11-average-return-promised","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-cars-with-11-average-return-promised\/","title":{"rendered":"Buy-to-let cars \u2013 with 11% average return promised"},"content":{"rendered":"


\nIt\u2019s 10 times what you\u2019ll get on the many savings accounts \u2013 but are the returns from leasing out a car too good to be true?The genial voice on radio adverts airing on Classic FM and LBC promises listeners an extraordinary investment return. \u201cIt\u2019s a simple idea; buy a car and they just lease it out from you \u2026 I get an average return of 11% a year and the assets give me security and peace of mind.\u201d But with returns that are 10 times the sums paid on many deposit accounts, listeners are asking: is this too good to be true?The company is called Buy2LetCars and it asks investors to hand over a minimum of \u00a313,500, which it says is enough to buy a new car. That car is then leased out and the investor receives \u00a3250 a month from the lease payments for the next three years, adding up to \u00a39,000. At that point, with the lease expiring, the investor is sent an \u00a38,955 lump sum. It is these figures that allow Buy2LetCars to claim that the return to investors is 33% over three years, or 11% a year (although 11% a year compounded over three years is actually 36.7%). Continue reading…
\n
\nSource : theguardian.com
\nRead more…Buy-to-let cars \u2013 with 11% average return promised<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s 10 times what you\u2019ll get on the many savings accounts \u2013 but are the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-92154","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-nYm","jetpack-related-posts":[{"id":172554,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/remuera-cross-lease-dispute-returns-to-arbitration-after-supreme-court-ruling\/","url_meta":{"origin":92154,"position":0},"title":"Remuera cross-lease dispute returns to arbitration after Supreme Court ruling","date":"September 14, 2026","format":false,"excerpt":"\r A Supreme Court defeat has failed to end the long-running cross-lease showdown.\r \r Source : nzherald.co.nz\/Property\r Read more...Remuera cross-lease dispute returns to arbitration after Supreme Court ruling","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86649,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/frankton-car-and-dog-wash\/","url_meta":{"origin":92154,"position":1},"title":"Frankton car and dog wash","date":"April 28, 2018","format":false,"excerpt":"\r A well-established car and dog wash facility on a high-profile corner site in Frankton, Hamilton, is sale with a new five-year lease in place and renewal rights for a further 20 years.The 259sq m six-bay complex on a 919sq m site...\r \r Source : nzherald.co.nz\/Property\r Read more...Frankton car and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hbd-seniors-bought-over-50-of-new-two-room-flats\/","url_meta":{"origin":92154,"position":2},"title":"HBD: Seniors bought over 50% of new two-room flats","date":"February 10, 2020","format":false,"excerpt":"\r \u00a0 More than half of all new two-room flats were bought by senior citizens since the two-room Flexi Scheme was rolled-out in 2015, reported The Straits Times citing the Housing and Development Board (HDB). About 28,900 units of the two-room flexi flats were offered by the HBD since the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-electric-car-maker-lucid-inks-deal-for-saudi-manufacturing-hub\/","url_meta":{"origin":92154,"position":3},"title":"Luxury electric car maker Lucid inks deal for Saudi manufacturing hub","date":"February 28, 2022","format":false,"excerpt":"\r Lucid signs $30m lease agreement with Emaar Economic City for an industrial plot in King Abdullah Economic City\r \r Source : arabianbusiness.com\r Read more...Luxury electric car maker Lucid inks deal for Saudi manufacturing hub","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/02\/Lucid-Manufacturing-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":78555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-i-need-a-buy-to-let-mortgage-to-get-a-flat-with-tenants-still-there\/","url_meta":{"origin":92154,"position":4},"title":"Do I need a buy-to-let mortgage to get a flat with tenants still there?","date":"January 31, 2018","format":false,"excerpt":"\r The owner has agreed a new 12-month lease on the property and I would like to live in it Q I want to buy a flat, and I am a first- time buyer. 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