This company seem to have dissapeared. Have they gone bust? If so, why, how and when?
2007-02-17 21:52:56 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
They went broke a year or two back. Just like their successors, they were not a car sales company - they were selling financial products (ie car loans). The cars that came with these were rubbish if not downright dangerous because the much-vaunted pre-sales servicing was practically non-existent.
2007-02-17 22:44:09 · answer #1 · answered by Jellicoe 4 · 0⤊ 0⤋
They have changed there name, they keep changing the name of the company and making out they have gone bust , means they can keep stock,get rid of debt, keep cars etc, start it in another name, it's a way they fiddle taxes etc... Just like what farepak hampers did this year to millions of people, took there money went bust, you watch next year or the year after a new company will be made out of the funds they swindled!!!
I think the new name was car credit uk!
2007-02-18 05:59:37 · answer #2 · answered by anney 4 · 0⤊ 1⤋
They did go bust a couple of years ago.
Don't know why though!
2007-02-18 05:56:50 · answer #3 · answered by Anonymous · 0⤊ 1⤋
i heard they had loads of complaints and i think they were on watchdog, so they probably have gone bust
2007-02-18 05:56:09 · answer #4 · answered by styce 4 · 0⤊ 1⤋