Selig & Stretton: Fund Your Passion Episode 1

It is really to bring to the forefront of people’s minds about what JBR Capital is, what we’re here to do and give some exposure to our customers, valued introducers and the general community who buy cars and are passionate about cars.

JBR is a high value lender, lending 25 thousand pounds upwards to the millions. But that really that’s the boring finance side – what it is that we like is our customers and the passion that we share for their cars. We’re interested in hearing about the transformation of the market, moving from combustion engines into electric vehicles and we are just really fascinated by the entire sector. The sector is full of fantastic characters, some very quirky characters. It’s never dull, and it’s really about bringing that community together and understanding what they want and being able to provide financial solutions to fund their passion.

An electric car has lots of tax benefits, so actually what does look to be quite an expense on the ticket price, can be made potentially cheaper by using the tax breaks through your business.

If I bought a petrol or diesel car now, how is the future value of my car going to be affected by the change? Where will the market be in that four years time, in a consumer’s thought process, and this may or may not significantly affect the value of the car I am buying today.

But then a brand like Porsche bring out the new 992 GT3, which is bucking that trend if you like – its a pure internal combustion engine.

I think the argument is really the daily driver car or is that a car of passion?

It’s been a fascinating year being in respects. A very difficult year for the markets and also that difficulty has brought some exciting opportunities. So when Coronavirus came along and dealers closed their doors, most lenders in the market pressed the pause button to some degree.