The Car Sales Company (UK) Ltd
Investment to date:
15 Months
8% pa
IFISA Eligible

target amount:
The Car Sales Company (UK) Ltd
JamJar a Trading Style of “The Car Sales Company (UK) Ltd” (TCSC) which operates nationwide within the long-term car rental market place. Why BUY when you can RENT? Customers don't have to worry about Road Tax, Maintenance or Depreciation of the Vehicle, they can also upgrade into another vehicle every year.
About The Car Sales Company (UK) Ltd

JamJar provides vehicles to customers who want a more flexible option other than purchasing a vehicle for cash or financing one over a 3-5 year period.

JamJar offers a solution to customers who need access to a vehicle for longer than the traditional 28-day rental which is offered by the mainstream Hire Companies.

An untapped marketplace within this sector is specifically marketing to customers who wish to purchase a vehicle on finance but are unable to due to a previous blemish on their credit record.  It's an excellent option for customers who do not wish to be locked into a long-term finance contract, but want to change/upgrade their vehicle each year.

We beileve JamJar's model is unique, acquiring vehicles at trade prices through auctions and other trade sources, renting the vehicle for up to a twelve-month period then selling the vehicle via JamJars Retail arm and so negating any bad debt write off at the end of the rental contract.  

Our experienced management team have a strong track record within the automotive sector.

In a very short space of time, we expect JamJar will establish itself as a major presence within the UK Car Rental market.

JamJar forecasts that it will have a rental fleet of 1082 vehicles on contract by the end of year one, 2688 by the end of year two and 4895 vehicles by the end of year three.  The management team's experience of other "car purchase/finance" businesses indicate that this rate of growth is conservative and balanced.


All investments are secured by way of the Vehicles rented to customers by JamJar. The Loan To Value (LTV) is set at 80% of the "Stand In Value" (SIV) this is the purchase price of the vehicle (which is a trade price), auction, repair, warranty and GPS costs. The total SIV is less than the actual Retail Value of the vehicle. 

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Offer Information
Min Max
Investment Target £100,000 £250,000
Interest Rate info 8.00% 8.00%
Type of Bond Secured crowdbond
Term info 450 Days
Type of Repayment Interest Only
Security Information The crowd bond will be secured by a Chattels Mortgage over defined vehicles within the rental portfolio.
LTV ratio 80%
Minimum Investment £100
Sector Other
Location Brightlingsea, United Kingdom
Company Number 09379766
Pitch Launched On 16/04/2018
Pitch Closes On 15/06/2018
IFISA Eligible YES - This Convertible Loan Note is
eligible for inclusion in the IFISA
Accepted Payment Methods
Payment Methods

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