Prindiville http://www.prindiville.co.uk Fri, 02 Dec 2016 17:15:22 +0000 en-GB hourly 1 Vroom for manoeuvre http://www.prindiville.co.uk/vroom-for-manoeuvre/ Fri, 25 Nov 2016 09:36:37 +0000 http://www.prindiville.co.uk/?p=46608 vroom
By: Henry Jeffreys

In 1978 my grandfather offered to sell my father his maroon Aston Martin DB5 for £4,000. They were about to do the deal when my father realised that he couldn’t fit both my brother’s child seat and my carrycot in the back. He passed — and bought a Renault estate instead. At the Goodwood Revival this year, Bonhams sold a similar DB5 for £455,100. I wonder if my father curses me and that bloody carrycot.

The DB5 built between 1963 and 1965, once the preserve of a special breed of enthusiasts, is now attracting serious investment money. It’s not the only model in that category. James Wheeler, a specialist at H&H car auctions, told me about a friend of his who bought a Ferrari 275 GTB for around £80,000 in the 1990s: it’s now [...]

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High Octane Supercar Bond Pays 7.5 PC a Year http://www.prindiville.co.uk/high-octane-supercar-bond-pays-7-5-pc-a-year/ Mon, 21 Nov 2016 12:55:54 +0000 http://www.prindiville.co.uk/?p=46566 The Sunday Telegraph
Well-heeled investors have been offered an annual income of 7.5pc from a “min-bond” issued by a supercar dealership.

Mini-bonds offer high rates of interest to savers who are prepared to lend directly to companies. However, the bonds are untradeable and lightly regulated, so the risks are high. Several mini-bonds have failed.

The supercar bond, issued by Prindiville, has a five-year term and will be backed by the firm’s stock of exotic vehicles, which it expects to include Ferraris, Lamborghinis and McLarens.

However, the minimum investment is high at £50, 000. Prindiville plans to raise £12m from the bonds.

sunday
By Richard Evans, The Sunday Telegraph
Sunday, 20/11/2016

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Prindiville launches supercar mini-bond http://www.prindiville.co.uk/supercar-mini-bond-investments/ Tue, 15 Nov 2016 15:39:10 +0000 http://www.prindiville.co.uk/?p=46430 Alex Prindiville luxury mini bond

Luxury car dealership Prindiville is launching a Luxury Asset Backed Mini Bond giving investors an opportunity to buy into the supercar market.

Chief executive Alex Prindiville, who has more than 20 years of experience in the industry, is raising capital to acquire stock of sought-after supercars and classic cars, including iconic brands such as Ferrari, Lamborghini, McLaren, Porsche, Rolls Royce and Maserati.

From its London showroom, Prindiville serves a global network of high net worth clients, securing rare supercars with significant investment potential, sometimes before they have been launched.

The asset-backed Prindiville Bond aims to provide investors a gross return of 7.5 per cent per annum, paid every six months, with a return of their capital at the end of the five-year term. It has been designed for sophisticated investors with a [...]

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Revolutionary scheme to invest in Supercar market launched http://www.prindiville.co.uk/revolutionary-scheme-to-invest-in-supercar-market-launched/ Mon, 14 Nov 2016 10:59:42 +0000 http://www.prindiville.co.uk/?p=46418 alex-prindiville

Luxury car dealership Prindiville plc is launching a mini-bond to expand its business, giving investors a rare opportunity to buy into the supercar market.

Chief executive and supercar hunter Alex Prindiville, who has more than 20 years of experience in the industry, is raising capital to acquire stock of sought-after supercars and classic cars, including iconic brands such as Ferrari, Lamborghini, McLaren, Porsche, Rolls Royce and Maserati.

From its London showroom, Prindiville plc serves a global network of High Net Worth clients, securing rare and desirable super cars with significant investment potential, sometimes before they have even been launched.

The Asset-Backed Prindiville Bond aims to provide investors a gross return of 7.5% per annum, paid every six months, with a return of their capital at the end of the five-year term. It has been designed for sophisticated investors [...]

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Are New Supercars Ever A Good Investment? http://www.prindiville.co.uk/are-new-supercars-ever-a-good-investment/ Tue, 08 Nov 2016 12:53:08 +0000 http://www.prindiville.co.uk/?p=46352 Porsche 918 Spyder Prindiville Hubride Supercars

BY MEI ANNE FOO
NOVEMBER 02, 2016 09:47 PM

Traditionally, once a car is purchased and hits the asphalt, it begins its journey of devaluation. Most people would concur that buying a brand-new car is not a good investment.

However, Alex Prindiville, founder of supercar specialist Prindiville Cars, thinks some recent models of vehicles can make excellent financial investments.

If so, how does one choose the right coupé? “Go for small production-run models, meaning limited editions,” Prindiville says. “Many long-standing automobile manufacturers such as Porsche and Ferarri, plus newer ones such as McLaren, are starting to make controlled numbers of certain car variants, typically stripped-out road racers. Generally, there are more interested buyers than there are cars, thus driving the prices up.”

An ultra-exclusive, limited-production example is the LaFerrari. With [...]

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Mini-bond is one way of getting luxury car business up to speed http://www.prindiville.co.uk/mini-bond-is-one-way-of-getting-luxury-car-business-up-to-speed/ Mon, 07 Nov 2016 16:35:53 +0000 http://www.prindiville.co.uk/?p=46333 c57079fd-6dd5-4bda-988e-0d8822fd5fee

Alex Prindiivlle on The Times

In a business that defies traditional lending logic, bypassing the banks can make sense

It’s not easy trying to find finance to get your company into top gear. Alex Prindiville fears that his efforts to borrow the money he needs to grow his luxury car dealership may have taken years off his life.

“When I started I had hair and I was 7ft tall. Now I’m bald and 5ft,” he jokes. His tribulations are not, however, the result of an application for a bank loan getting stuck for months on end. Instead, the frustration is self-inflicted, after Mr Prindiville took his fundraising efforts into his own hands.

He has put together a “mini-bond” offer, whereby the company, [...]

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Supercar investments skyrocket http://www.prindiville.co.uk/supercar-investments-skyrocket/ Fri, 14 Oct 2016 09:21:08 +0000 http://www.prindiville.co.uk/?p=46013 Investing in Classic Cars and Supercars http://www.prindiville.co.uk/investing-in-classic-cars-and-supercars/ Fri, 26 Aug 2016 09:03:02 +0000 http://www.prindiville.co.uk/?p=45005 Classic cars make classy investments http://www.prindiville.co.uk/classic-cars-make-classy-investments/ Fri, 12 Aug 2016 14:32:03 +0000 http://www.prindiville.co.uk/?p=44641 Published online: Fri, 12/08/2016 – 12:00 AlphaQ
URL: Click Here

Alex Prindiville has three decades of experience in the prestige and supercar market acting as a broker with models including Ferrari, Lamborghini, McLaren, Bentley, Aston Martin, Maserati, Porsche, Bugatti and Rolls Royce. 

alex-prindivilleHis London-based eponymous firm Prindiville Cars sources, sells and stores luxury cars for the wealthy, not so wealthy and all those with a passion for quality vehicles. And it can be an investment, he says, citing Ferrari LaFerrari – which, just a year after it was launched for GBP1 million, was changing hands for GBP2.3 million.

Prindiville grew up with cars, restoring an E-Type Jaguar as a young man and starting his first car business at 18.

“Our focus is on sales and procurement and finding the rare and wonderful,” he says.

“Some customers are very specific [...]

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The Beaulieu Supercar Weekend http://www.prindiville.co.uk/the-beaulieu-supercar-weekend/ Fri, 12 Aug 2016 12:12:28 +0000 http://www.prindiville.co.uk/?p=44632