Choosing the right investment for your hard earned money may be a difficult process to go through because of the different options and channels you could choose from and as well as the different factors you should consider when investing money – especially if it is not a small amount. You have worked hard and saved for a period of time just so you could have the extra cash to put up in investments, so it is important you place it where you would get the most out of your money.
Smart investing is not just about earning a certain percentage of your money, it is also about increasing the value of your money so that even if it is left in your investment channels in two, three, or five years down the road, once you take it out, you would get a greater value for it even after considering economic factors such as inflation. There are only quite a few high return investments available in the market with great returns and a hassle-free process, so it is very important to be smart with the investment choices you are going to make.
With Buy2LetCars, you would be able to get great returns without having to do any kind of management and maintenance chores compared to buy-to-let properties. You could invest as little as £7,000 and already get a total gross gain of £985 in a span of only three years, or even as much as £280,000 and get a whopping total gross gain of £75,595.34 in the same number of years.
You would not get that much of a return in other investments if you would not be willing to take on so much risk where you could also potentially lose most (if not all) of your invested money. With this investment however, there is only minimal risk because you would be still registered as the owner of the car.
It is a very hands off type of investment, you do not even have to look for the car to be purchased, or lessees to earn from.
Buy-to-Let vs Bank Savings
If you keep your money in banks to earn interest, you would only get a maximum of 2-2.5% of interest per year. Meaning, if you have £10,000, you would only get £250 at the end of the year. That is only if you would not touch or withdraw any amount from the £10,000. However, with Buy2LetCars, you can get as much as £470 per year or a total gross gain of roughly £1,410. That is an annual interest rate of return of 7% per year.
What sets Buy2LetCars investments from others is that you would already be able to have financial management and decisions with your money because if you invest £10,000, you would get monthly payments of £235 for 36 months, and a final lump sum payment of £2,935 on the 37th month wherein your earnings have already been computed for. With the monthly payments that you receive, you would have more freedom to invest it in other channels, lease out your own car, buy your own car, use it to pay off debts, loans or mortgages, and so much more.
Earn 7-11% Per Year
Annual inflation rate averages at 2% each year. Meaning, if your annual living expenses cost you £20,000 in January 2019, next year in 2020, living expenses and cost of goods and services would already bloat by £400. So ideally, you should place your investments in earning opportunities of greater than 2% per annum to get the most value for your money. This is significant especially if you are going to place your money in long-term investments. If you invest in Buy2LetCars, you would easily be able to beat the annual inflation rate, so you are guaranteed to get the greatest value for your money at the end of your investment period.
For investments ranging from £7,000-£10,000, you would already be able to get an interest rate of 7% per year. With investments starting at £14,000 (the cost of one unit), you would get a greater 9% interest return per year, if you invest in more units starting from £24,000 with 2 units to £84,000 with 6 units, you would earn 10% per year. Any investment total of 7 units up to 20 units or £98,000 to £280,000 would get you an all-time high of 11% returns per year.
If you want to get the best value for your money in a not so long-term investment (three years), then Buy2LetCars is certainly an option to consider.
This article is for information and educational purposes only and does not form a recommendation to invest or otherwise. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.