chiark

All my opinion. Discard it, ignore it.

Personally, I wouldn't touch it with a barge pole. How many times does something offering you money for nothing actually come through?

No mention is made of mileage limitations, whether you have to agree to sell the car to them at the end... There's too many conditions for something like this not to be associated - why would they care where its serviced?

Who decides how much the value of the car will actually be after three years? It's not mentioned. They could, quite legally, say that the car is worth X in their opinion and pay you nothing.

If people have successfully claimed, let's see some names, eh?

A company was offering playstation 2s for 150 quid. "Pay 300 quid, then we'll send you a cheque for 150 as a rebate".

How many do you think got the cheque? Go on, have a guess...

Caveat emptor.

carl

chiark -- good points, but one of mine was that the company has only been in existence for 10 months, therefore no-one can have claimed.

Bargepoles spring to mind.

Ian E

iTrader: (1)

Steer well clear.

My mum & dad purchased a three piece suite on a similar deal. The agreement was that if they paid in full and met a number of conditions after five years (all of which they adhered to in full) they would get their money back. The company never paid out and it ended in the hands of the company solicitors. Trading Standards weren't interested.

Cheers,

Ian.

bren simpson

Andy Hall

Seems a bit too good to be true, anyone tried it?

Andy

carl

I should point out that the address:

Zero Depreciation Limited, Suite 331 Parkers House, 48 Regent Street, Cambridge, CB2 1FD

is just a mailbox facility provided by Mailboxes,Etc.

Dr Hu

So is this an insurance policy against depreciation??

I mean won't it have a 100% claim record?

How can this be true? - You make a one off payment of £1825 and three years later they send you a cheque for £6000?????

Now thats what I call a saving scheme!!?

Sceptical - who me??

DAVE TS - WHERE ARE YOU ON THIS ONE??

Jay m A

iTrader: (2)

It states that you still have to be the owner when you claim.

They must assume that 3 out of 4 people that give them £1600 won't claim the £5000 back in order to make money (forgetting interest etc).

A certain % of cars will be written off/stolen etc. I suppose a certain % of people will have to sell the car within 3 years due to unforseen circumstances etc, and I know that I'd be one of the % that simply forget what I did last week, let alone 3 years ago!

Theres also a loan company that pays you back all interest on a 5 year loan as long as you keep up repayments and claim within 30 days of the loan period ending. The only catch is the interest rate on the loan is typically a few % higher than the norm, so monthly reypayments are a bit more than other loans, but hey you get it all back if you claim!

Justin

BarryK

Aha ha ha ha.

Please attach a fifty pound note to all replies.

Yes, there are people that stupid. Say even 1,000 dumbos send a cheque, instant millionaires!!

Keep it up for 3 years, do one with the cash.

Ha ha ha ha ha.

Nick B

Reads to me like a variation on the old "Pyramid Savings Scheme" plot - you pay us £x and we'll give you £x times 3 in twelve months. I'm sure we all remember the news coverage on those little scams!

Dave P

Personally think it sounds well iffy. However mine and my wifes mums and dads bought us a cooker for our wedding 10 years ago. Cost £840 with a buy now money back in ten years deal. My Dad kept the receipt and the form and we got a cheque for £840 in March this year. Now thats good. Still have the cooker, and amazingly the equivalent model is now about £50 cheaper.

Dave