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Old 26th March 2009, 11:27 AM   #9 (permalink)
Benji27
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Join Date: Jul 2008
Location: Namur, Belgium
Cars owned: Mazda RX8
Posts: 84
There is always a risk.
Especially since the bankers will probably check my business accounts (the car will be registered as a company car) and say "Mmmh, your revenues have been lower than last year". I'll make sure to have the bank's financial statement with me at the time to be able to answer "True, but that's nothing compared to your business failure. And mine did not require a governement bailout".

Well, anyway, I'll pay 50% cash for the car, so lending the remaining 50% should be quite a low risk since they are assured to get the money back if they seize the car and sell it to cover the debts (worst case scenario).
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