Buy2Let Cars Reviews 

343
•
TrustScore 3.5 out of 5

3.5

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Rated 3 out of 5 stars

I’ve had a mixed experience with Buy2Let Cars. Initially, things seemed to run smoothly, and payments were received as expected. However, more recently, there’s been a lot of uncertainty surrounding t... See more

Rated 5 out of 5 stars

JIm.R Been an investor since 2016, completed 3yr cycle and happily reinvested again. Never faulted and always on hand to deal with an enquiries. FCA face facts this company is doing its job helping... See more

Rated 2 out of 5 stars

I know by the accounts, buy2let has been losing money, but nothing in comparison with Deliveroo, who have never made a profit, and lost 224 million lost year alone, and paid its owner 14.4 million. W... See more

Rated 5 out of 5 stars

Social media trolls strike again!! Obviously some low-lifes have nothing better to do than try to make trouble for a well-run business. B2LC have a top-notch reputation which is well merited and yet... See more

Company details

  1. Investment Service
  2. Alternative Financial Service
  3. Asset Manager Service
  4. Investment Company
  5. Non-Bank Financial Service

Information provided by various external sources

Making your investments work harder since 2012. Find out how your investment can receive up to an 11% return per annum with Buy2LetCars. You fund lease vehicles and we do all the work - invest from just £7,000, 3yr fixed term, dedicated account manager, zero fees, 100% repayment track record. It's what your money's been waiting for.


Contact info

3.5

Average

TrustScore 3.5 out of 5

343 reviews

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3.5

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(343)

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Rated 5 out of 5 stars

My wife and I have been investing with…

My wife and I have been investing with Buy2Let cars now for nearly 3 years on a recommendation from a good friend. Both of us deciding that modest amounts in the beginning was sensible, but as time went on, choosing to increase our investments. This was entirely due to their very professional business model, regular monthly returns, which have never defaulted and as pensioners, giving us the confidence we looked for when investing our hard earned savings.
I am at odds to understand the F.C.A`s concerns and punitive actions over a organisation`s business model which has always been totally transparent in it`s dealings with all concerned. The sooner the F.C.A realises how many satisfied customers there are that are willing to stand up for Buy2Let Cars, the better. Let common sense prevail.
G & B Billinghurst

February 25, 2021
Unprompted review
Rated 1 out of 5 stars

Invested a year ago but looks like…

Invested a year ago but looks like loosing most of that due to the recent FCA involvement is now a strong possibility. Fortunately I only invested the minimum amount. Readex claims their accounts have been frozen however the information from the FCA seems to contradict this and for this reason it's not clear why monthly repayments to existing lenders have been halted.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

I am a new investor

I am a new investor.
Although I have only just started on the investment cycle, I was so impressed by Reginald Larry-Cole and his team's professionalism, candour and transparency,that I have invested another sum after less than 2 months of first joining.

Firstly, I was introduced by a young nephew who lives abroad - an indication that Buy2Let cars have a wide spread Good reputation.

I started by attending a Zoom meeting, which was extremely well presented by Reginald. He then gave attendees chance to ask any questions, and I noted the high quality if each response.
I also took the offer to speak with my dedicated accountant, Richard Greenland. He simply added further clarity to the Company's ethics.
I was happy to invest, and got money paid back on time as scheduled. I took out a second once the opportunity was presented.
I strongly recommend Buy2LetCars, and thank Reginald and team for such hard work in out-performing the so-called 'big banks'.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

Ethical investment must not lose out

I have invested with this company almost from the beginning and it has never failed me once. All monthly repayments have arrived like clockwork and final payments have always arrived on the dot with the tax deducted and paid to HMRC. As well as having the great returns I was also delighted to be helping the people on the "other end", i.e. the people using the cars - never more so than in the last year when key workers were able to be kept supplied with much-needed transport to enable them to do their part in fighting Covid. It was like the gift that kept on giving. I am a pensioner and rely on this money to supplement my pension. I cannot see, for the life of me (almost literally) what the FCA are doing here. Why try to ruin a flourishing company which combines profitability with ethics? Please rethink this - very quickly.

February 25, 2021
Unprompted review
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Rated 5 out of 5 stars

Buy to Let has been the best investment…

Buy to Let has been the best investment I have ever made. I started investigating with them in 2012 and have kept my investments rolling ever since. Payments have been made on time and exactly as predicted. They are a very professional organisation and I would still trust them explicitly in the future.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

I have invested with Buy to let Cars…

I have invested with Buy to let Cars for a few years, never a problem. I was shocked when I read last nights email, they have always been very reliable.
I have e mailed FCA to see what the problem is. Let’s hope this get resolved soon.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

From a relatively new investor ...

As a relatively new investor I have to say that Buy2Let Cars have been a pleasure to deal with. The "bad" reviews on trust pilot seem, on the whole, to be from people with no direct experience of dealing with the company. Let's hope common sense, and fair play, will prevail and the FCA will soon realise that they are being unreasonable.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

A Company I'm happy to recommend

We invested in Buy2LetCars in 2019 as the business model made a lot of sense with good returns for the investor. The business was explained quite well to us and customer service has been excellent throughout. We have recieved our payments back each month as promised and have just decided to make another investment.

February 25, 2021
Unprompted review
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Rated 5 out of 5 stars

There must be dozens of investors like…

There must be dozens of investors like myself that have been with Buy2let Cars since the early days. I have reinvested every time and have a fleet of 14 cars. Having read Reginald’s email last night, I had no idea how profitable they are. They can easily afford the interest rate that is paid. A very solid company. Until today I have never had a missed payment. Perhaps the FCA need to look deeper into this fine organisation.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

From a very happy investor

I became an investor 5 years ago after recommendation and assurances that the business plan was sound, in fact, the manager with whom I spoke wanted to ensure that I fully understood the business model. In all these years, payments have been made exactly on time and that security enabled me to have a regular cash flow to augment my retirement pension. I can't quite understand the basis upon which the FCA has frozen Buy2Let's accounts given that in all these years, there have been no complaints agains the company. In my experience, they have honoured every commitment made.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

A Grave Injustice

I have been an investor with this excellent company for more than five years, actually making seven separate investments over that period. In every instance, the promised returns on the investments were paid in full, as regular as clockwork. l have been more than happy to recommend the company to a number of friends, who have also been highly impressed by the efficiency of all employees at every stage.
It is quite staggering that the FCA, which was branded as "unfit for purpose" in the Daily Mail earlier this week, should employ questionable tactics to disrupt the business of such an ethical company.
Graeme Purvis

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

I have been an investor with Buy2Let…

I have been an investor with Buy2Let cars for a year following recommendation from my sister who is now on her second investment term. The communication from the company is straightforward and I receive payments exactly as they stated I would. It is outrageous that the FCA have taken this action.

February 25, 2021
Unprompted review
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Rated 5 out of 5 stars

Filling a valubale niche in the marketplace for investors and borrowers

I have been an investor for 7 years and thoroughly reviewed the business model including meeting company management before deciding to invest. The company fills a valuable niche in the market place for investors and for borrowers and plays an important role supporting key workers -all the more so in the past 12 months. It is also a good example of a smaller company creating a positive economic and social impact from its activities. Unfortunately the events of the last week will force borrowers to seek much higher cost sources of funding elsewhere and reduce the risk appetite of investors toward supporting similar high impact opportunities from smaller companies in the future. Exactly the wrong outcome in both respects from a regulatory intervention.

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

I have been a satisfied invester since…

I have been a satisfied invester since 2014 thats 7 years, never once been a problem and more than happy with the rewards my investments have provided as a retired pensioner, would add looked far and wide for high return low risk investments and nothing to match found

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

Excellent Customer Service

First Class Operation from start to finish. I have never been disappointed with the excellent customer service I have received. All payments made promptly, on time and correct. I cannot fault them.

February 25, 2021
Unprompted review
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Rated 5 out of 5 stars

My wife and I have only been with…

My wife and I have only been with Buy2Let cars for a year and have nothing but praise for the way they interact with their investors. Our monthly payments have been on time every month and we would highly recommend them to anyone wanting a decent return on their money.
The FCA's decision to take this action against the company is scandalous to say the least. Surely they should be focused on investigating those scam companies that are continually causing untold hardship in people's lives due bad or illegal business practices instead of this harrowing, obviously media led investigation into the Buy2Let business model which has been delivering consistent returns to their investors as promised for the last nine years.
Something is drastically wrong and the FCA need to take immediate action against those responsible for this appalling situation

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

5 star company

I have invested with this company for over 5 years, and they have never missed a payment. The final payment has been exactly what they told me at the start.
It is a great business modal!
5 star service

February 25, 2021
Unprompted review
Rated 5 out of 5 stars

Investing with Confidence

My wife and I made our first investment with Buy2Let Cars not long after they were founded, just over nine years back. We have had an uninterrupted series of investments, numbering sixteen cars in total.
Buy2Let Cars have always made their monthly payments to us on time and the final payment has always been made on the contracted date.
We met the two principals when they were in their first office in Victoria back in 2012. Then, they provided us with their business plan and answered all our queries. Over the intervening years our confidence in the principals and their company has never wavered. But2Let Cars has high ethical standards, undoubtedly instilled by the examples of Reggie Larry-Cole and Scott Martin.
We, without hesitation, recommend this company to all potential investors.

February 25, 2021
Unprompted review

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