Wednesday, June 20, 2012

The unassuming garage where £2m worth of supercars are parked..

It is a line-up of supercars that wouldn’t look out of place in front of a Premier League footballer’s mansion. 
An impressive lineup of cars outside the facility in Milton Keynes. Image- ©APC

But this range of stylish motors worth more than £2million are not showcased for all to see. They are being kept in a nondescript storage facility in Milton Keynes and are symptomatic of the straitened times we live in. This is because they have been pawned for cash.  

"People aren’t even bothering to go to banks anymore as they don’t believe they will be lent any money," said Paul Aitken, chief executive of Borro.com, who added that the rise in high value cars being pawned was in part down to the financial constraints being felt even among the wealthy. As well as cars the company also holds fine art, jewellery and antiques. 
Image- ©APC.

"These sort of times give way for alternative means of lending. A lot of our customers are small business owners or self employed, 60% of the time they do this to get some liquidity for an opportunity. The other 40% of the time it is people who are more at the distressed side of things, paying for school fees or a tax bill. 

"Often the people who have these types of high performance cars will have another, so use one as security for a loan," he added. "We have seen a big increase in our car lending in the last year. Over the last three years we have lent around £6m against these sort of vehicles and it is only something that it is rising as things become more stretched."

Among the current supply of cars in storage are some of the pricier models on the market, as well as those you wouldn’t find in any old showroom. If the Maserati wasn’t impressive enough, Borro also hold a Porsche Cayenne, a Ferrari F430, an Audi R8 and a Ferrari 360.

The firm is also storing a Bentley Continental GTC and a Rolls-Royce Ghost, the former would set you back just under £137,000 bought new.

Image- ©APC.

But it is not only in order to free up cash that customers pawn their luxury motors. 

"There are a variety of reasons why these cars have gone into storage; some people have two vehicles, a winter car and a summer car," Mr Aitken told Yahoo! Cars. "Others have parking restrictions or excessive parking costs.

"We have one customer who has a 30-year-old car which we have held for three years in storage which is appreciating in value. He wants to keep hold of it because it is now a classic car and it is actually cheaper to service the loan than pay for parking near his house in Mayfair.

"In the past week alone we have had two individuals who are borrowing £100,000 against diamond jewellery. When you see that these figures are coming up and that loans of £5,000 to £20,000 are also rising you see that we are becoming an increasingly mainstream lender."

8 comments:

I think this is absolutely great, because of the banks greed, and refusal to lend, they are losing out on potential interest charges. The banks thought they could just ride roughshod over everyone, but it seems not all ! About time they learnt their lesson ?

I also thinks same.But if they can't pay the loan of it then why they buy these cars?

Do you need Personal Loan?
Business Cash Loan?
Unsecured Loan
Fast and Simple Loan?
Quick Application Process?
Approvals within 8-10 Hours?
Funding in less than 1 day?
Get unsecured working capital?
Contact Us At: standardonlineinvestment@gmail.com

LOAN SERVICES AVAILABLE INCLUDE:
================================
*Commercial Loans.
*Personal Loans.
*Business Loans.
*Investments Loans.
*Development Loans.
*Acquisition Loans .
*Construction loans.
*Credit Card Clearance Loan
*Debt Consolidation Loan
*Business Loans And many More:

LOAN APPLICATION FORM:
=================
Full Name:................
Loan Amount Needed:.
Purpose of loan:.......
Loan Duration:..
Gender:.............
Marital status:....
Location:..........
Home Address:..
City:............
Country:......
Phone:..........
Mobile / Cell:....
Occupation:......
Monthly Income:....Contact Us At: standardonlineinvestment@gmail.com
Thanks and look forward to your prompt reply.
Regards,
Muqse


Do you need Finance? Are you looking for Finance? Are you looking for finance to enlarge your business? We help individuals and companies to obtain finance for business expanding and to setup a new business ranging any amount. Get a finance at affordable interest rate of 3%, Do you need this finance for business and to clear your bills? Then send us an email now for more information contact us via E-mail: fastloan078@gmail.com Or WhatsApp me on +918929509036

Are you searching for a very genuine loan at an affordable interest rate of 3% process and approved within 4 working days? Have you been turned down Constantly by your Banks and other financial institutions because of bad credit? Loans ranging from $5000 USD to $20, 000, 000 USD maximum LOANS for Developing business a competitive edge / business expansion. We are certified, trustworthy, reliable, efficient, Fast and dynamic for real estate and any kinds of business financing. Contact us for more details and information.
Thanks & Regard
Call/Whats App 918929509036
(Whats App) 918929509036
Dr James Eric Housing Finance Pvt Ltd
E-mail: financialserviceoffer876@gmail.com

��ARE YOU ABSOLUTELY IN NEED OF THE SERVICES OF A PROFESSIONAL HACKER?(CATCHING A CHEATING SPOUSE[Phone Hack], RECOVERY OF LOST FUNDS, CREDIT SCORE UPGRADE, WEBSITE HACK...)
High prolific information and Priviledges comes rare as i would be sharing with you magnificent insight you wish you heard years before now. As it's been understood that what people don't see, they will never know.
When you wonder “which hacking company should I hire, the first aspect that should concern you is quality. Clearly, you want to embark for services that povides swift response, Thanks to our talented and Astonish Hackers , you are rest assured that your expectations will always be met. You’ll be glad to find out that our services Implies precisions and actions.
This post is definitely for those who are willing to turn their lives around for the better, either financial-wise, relationship-wise or businesses.
Welcome to the Global KOS hacking agency where every request on hacking related issues are met within a short period of time.
If your shoe fits in any of the required services below, you will be assigned to a designated professional hacker who is systematically known for operating on a dark web V-link protocol.
The manual Operation of this hackers is to potentially deploy a distinguished hacking techniques to penetrating computers and various type of database system to meet your request.
Penetration of computing systems are achieved using core software tools like Ransomeware, SQL/Keylogger injection. botnet, trojan and DDOS attacks.
Providing value added services to clients as a hacker has been our sustaining goal.
Are you faced with cyber challenges like
��Recovery of lost funds:✅It saddens our mind when client expresses annoyance or dissatisfaction of unethical behaviours of scammers. We have striven to make tenacious efforts to help those who are victims of this flees get off their traumatic feeling of loss. The cyber security technique used to retrieving back the victims stolen funds is the application of a diverse intercall XX breacher software enables you track the data location of a scammer. Extracting every informations on the con database, every requested information required by the Global KOS would be used to tracking every transaction, time and location of the scammer using this systematic courier tracking base method.
�� Hacking into the mobile phone of a cheating spouse.✅ This type of hack helps you track every movement of your cheater as we are bent on helping you gain full remote access into the cheater's mobile phone using a Trojan breach cracking system to penetrate their social media platforms like Facebook, whatsapp, snapchat etc. This spy processing is used via an HDSI folder which synchronizes the target mobile operating system into a clone S-Drive unit.
��Credit Score Upgrade:✅Due to our transformed changes on Equifax tracking , upgrading of credit score are backed by our cyber tech breaching licence, This hacking process drastically generates you an undestructive higher credit score which correlates to a higher level of creditworthiness. The time frame for upgrading a credit score requires eighteen(18) hours
��️ BITCOIN GENERATOR:✅ (Higher job profile). This involves using the ANTPOOL Sysytem drifting a specialized hardware and software implementing tool in slot even-algorithms to incentivize more coins into your wallet which in turn generates more coins exponentially like a dream at specified intervals.
The company is large enough to provide comprehensive range of services such as.
• Email hacks��
• Hacking of websites.��
• Uber free payment hacks.��
• website hack.��
Our strength is based on the ability to help you fix cyber problems by bringing together active cyber hacking professionals in the GlobalkOS to work with.
Contact:
✉️Email: clarksoncoleman(at)gmail • com.
Theglobalkos(at)gmail •com.
®Global KOS™
Copyright® 2030.•√

Do you need Personal Loan?
Business Cash Loan?
Unsecured Loan
Fast and Simple Loan?
Quick Application Process?
Approvals within 24-72 Hours?
No Hidden Fees Loan?
Funding in less than 1 Week?
Get unsecured working capital?
Contact Us At : urbansuccessfundings@gmail.com
Phone number :+17247693888 (Whatsapp Only)

LOAN SERVICES AVAILABLE INCLUDE:
================================
*Commercial Loans.
*Personal Loans.
*Business Loans.
*Investments Loans.
*Development Loans.
*Acquisition Loans .
*Construction loans.
*Credit Card Clearance Loan
*Debt Consolidation Loan
*Business Loans And many More:

LOAN APPLICATION FORM:
=================
Full Name:................
Loan Amount Needed:.
Purpose of loan:.......
Loan Duration:..
Gender:.............
Marital status:....
Location:..........
Home Address:..
City:............
Country:......
Phone:..........
Mobile / Cell:....
Occupation:......
Monthly Income:....

Contact Us At urbansuccessfundings@gmail.com
Phone number :+17247693888 (Whatsapp Only)

























































Do you need Personal Loan?
Business Cash Loan?
Unsecured Loan
Fast and Simple Loan?
Quick Application Process?
Approvals within 24-72 Hours?
No Hidden Fees Loan?
Funding in less than 1 Week?
Get unsecured working capital?
Contact Us At : urbansuccessfundings@gmail.com
Phone number :+17247693888 (Whatsapp Only)

LOAN SERVICES AVAILABLE INCLUDE:
================================
*Commercial Loans.
*Personal Loans.
*Business Loans.
*Investments Loans.
*Development Loans.
*Acquisition Loans .
*Construction loans.
*Credit Card Clearance Loan
*Debt Consolidation Loan
*Business Loans And many More:

LOAN APPLICATION FORM:
=================
Full Name:................
Loan Amount Needed:.
Purpose of loan:.......
Loan Duration:..
Gender:.............
Marital status:....
Location:..........
Home Address:..
City:............
Country:......
Phone:..........
Mobile / Cell:....
Occupation:......
Monthly Income:....

Contact Us At urbansuccessfundings@gmail.com
Phone number :+17247693888 (Whatsapp Only)

HELLO VIEWERS

TESTIMONY ON HOW I GOT MY LOAN $300,000.00USD FROM A FINANCE COMPANY LAST WEEK Email for immediate response: drbenjaminfinance@gmail.com

Do you need a loan to start a business or pay your debts {Dr.Benjamin Scarlett Owen} can also help you with a legit loan offer. He Has also helped some other colleagues of mine with a loan finance. Get your Blank ATM card or CREDIT CARD deliver to your doorstep that works in all ATM machines all over the world with the help of BENJAMIN LOAN FINANCE the ATM cards can be used to withdraw at the ATM Machines or swipe, at stores and POS. they give out this cards to all interested clients worldwide, If you need a loan without cost/stress he his the right loan lender to wipe away your financial problems and crisis today. BENJAMIN LOAN FINANCE holds all of the information about how to obtain money quickly and painlessly via Email drbenjaminfinance@gmail.com

THANK YOU ALL

Sponsor Links

LEARN PHOTOSHOP IN JUST 2 HOURS!
Do You Want To Know The Fastest Way To Master The Basics Of Adobe Photoshop!
Very Well Conceived And Presented Of All The Tutorials!
www.learnphotoshopnow.com

MOBILE SPY SOFTWARE!
Track EVERY Move Your Partner, Employee or Child is Making Using Our POWERFUL Cell-Phone Monitoring Technology!
www.spybubble.com

TEACH ENGLISH ONLINE AND GET MONEY!
Have A Very Profitable Stay At Home Business Teaching English On The Internet!
Money Into Your PayPal Account Every Month!
iteachenglishonline.comt