Hi everybody. I have a stock of around 40-50 cars and Keep toying with the idea of setting finance up as it seems credit is the way forward. I specialise in cars under 5k but if I’m honest most are £2500-£3500 at an age of around 7-10 years of age all above 80k miles. Never looked in to it too much but obviously there are restrictions on lending on cars with high miles and of certain ages. I am wanting to expand my business and take the next step but I know that if I do I may have to buy different cars in order to have a finance company lend against them. Is finance the holy grail or am I better selling my cars for cash as I always have done? Do the car sales slow down over the £5000 mark? Thanks In advance
