Who finances used car dealers ?

goochy · 23-04-2013 11:21am #1

There are lots of dodgy used. Car dealers and we know that used car dealers are used to launder money which explains why so many garages don't seem bothered if they sell cars or not and buy in cars that no proper business would buy in but do the banks actually loan money to people to set up used car businesses ? It seems a risky business to be in know of some people who would have remortgaged their homes to set up businesses so maybe some do that ?

biko · 23-04-2013 1:13pm

goochy wrote: »

we know that used car dealers are used to launder money which explains why so many garages don't seem bothered if they sell cars or not

I know there was one case in Cork and I don't doubt it, but do you have any sources? Right now you're making quite a sweeping statement there.

MuppetCheck · 23-04-2013 1:23pm

I'm waiting for someone to chime in saying we should only trust SIMI garages next...

jayok · 23-04-2013 2:50pm

A SIMI garage is borderline reason to avoid...

goochy · 23-04-2013 2:52pm

Its a common known fact it's been reported in the press many times a certain guy who once sold high end cars in saggart / citywest area has had a nervous breakdown as he can't pay back money given to him to launder and they are now out to get him

biko · 23-04-2013 3:18pm

Ok, I'll ask one more time. Do you have any linky sources?
What is the point of this thread btw? You claim car dealers are dodgy and then you ask if they are.

goochy · 23-04-2013 3:34pm

I want to know how easy it is to set up a used car business

biko · 23-04-2013 4:06pm

Sure, start a thread about how to set up a used car business and you'll get info and help.
Leave the dodginess and insinuations at the door.
Good luck.

Who finances used car dealers ?

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