• Hey Guest!
    British Car Forum has been supporting enthusiasts for over 25 years by providing a great place to share our love for British cars. You can support our efforts by upgrading your membership for less than the dues of most car clubs. There are some perks with a member upgrade!
    **Upgrade Now**
    (PS: Upgraded members don't see this banner, nor will you see the Google ads that appear on the site.)
Tips
Tips

The Roadster Factory - Investment?

Share this page

NutmegCT

NutmegCT

Great Pumpkin
Bronze
Offline
Does anyone have experience with The Roadster Factory's "Customer Investment Program"?

There's always a page in each TRF catalog regarding "personal investment loans" from TRF customers to the owner, providing 10% annual return each year for five years.

I wondered if any BCF members have experience with this.

There's no guarantee, but 10% per year return on investment, paid monthly, for a period of five years, sounds pretty good these days. TRF has offered this investment possibility for five years - wondered if anyone here has given it a thought and/or had any good/bad results.

Comments?

Thanks.
Tom
 
I know little but from what little I've heard stay away.
 
TRF is a sole proprietorship of some 25 years. I would think that if not for a financial problem awhile back, he would not be making this offer, or would have found a small business loan at a lower rate. It is my opinion that when Charles A. Runyan goes (retires), so goes the business which is what normally happens. While 10% money on an unsecured loan sounds good, it is 1-2% below commercial offerings.

The question I would ask, if it were not the TRF, would you make this investment?

All said, I like the TRF and wish Runyan a long and successful life.
 
I've met Runyan at several car shows. He appears to be an intelligent guy, and he's very friendly and cordial.

He's also a hard worker, and seems to run a pretty tight ship.

Prospective investors may obtain financial data about Runyan's business before investing. By all accounts, it's a stable business.

I hope folks choose to support him, it's a good concept.
 
Don't you get a substantial discount on parts also in addition to your 10% ? If starting a large restoration project this may also help sweeten the deal.
 
roofman said:
Don't you get a substantial discount on parts also in addition to your 10% ? If starting a large restoration project this may also help sweeten the deal.
Click to expand...

He gives a 33% discount off retail prices on loans of $5000 or more. That is significant.
 
Back
Top