Hi all, it`s time for me to have another Mini, I have been too long without. I approached a finance company I have used before called Pegasus. I soon found myself looking at two tall hurdles. One is that they won`t even consider private sales and the other is that they won`t consider dealers unless they are FCA regulated (whatever that is). Do any of you lovely people know of any regulated dealers I could approach? I have been Googling for days and am getting somewhat down-hearted. Any suggestions welcomed. Thanks, Hazel
Regulated?
#1
Posted 30 October 2020 - 08:33 PM
#2
Posted 30 October 2020 - 08:49 PM
Financial Conduct Authority
Theres a register you can look businesses up on.
#3
Posted 30 October 2020 - 10:13 PM
Personally I wouldn't go through a finance company. I reckon that given the low interest rates at the moment I would get a bank loan if you're eligible.
#4
Posted 31 October 2020 - 09:14 PM
Personally I wouldn't go through a finance company. I reckon that given the low interest rates at the moment I would get a bank loan if you're eligible.
Having looked things up and dealt with 2 companies now I am inclined to agree with you. Some of the interest rates I have seen beggar belief. Thanks
#5
Posted 08 November 2020 - 08:14 AM
#6
Posted 09 November 2020 - 07:09 PM
Dont take this the wrong way, I wouldnt go through any finance company. These cars are big enough money sinks already.
No no, point taken and appreciated. I have sold my small collection of ventriloquist dummies and the results will finance the next Mini which I hope to acquire this week.
Take care.
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