New Car Club UK

Discussion in 'General Business Forum' started by qsukbs, Jan 14, 2019 at 1:20 PM.

  1. qsukbs

    qsukbs UKBF Newcomer Free Member

    1 0
    Hi All,

    Setting up a car club in the UK, bit like Zip Car but a minimum of 1 month contract, no contract.

    Can anyone point me in the right direction in the following (please)
    • Companies that offer new venture fleet insurance
    • Options to fund car other than regular asset finance
    Thank You
    Q
     
    Posted: Jan 14, 2019 at 1:20 PM By: qsukbs Member since: Jan 14, 2019
    #1
  2. Mark T Jones

    Mark T Jones UKBF Enthusiast Free Member

    2,410 651
    Having funded car clubs and short contract hire firms I will say you will have a hard job getting funded

    At very least you will need

    - Significant Cash reserves fund deposits and cashflow gaps.
    - Hefty discounts
    - Manufacturer-buy-backs
     
    Posted: Jan 14, 2019 at 1:23 PM By: Mark T Jones Member since: Nov 4, 2015
    #2
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