Leaderboard

I've never had a stocking plan before, I've always used my own money and the bank, but I've just signed up with Next Gear and BCA. My main reason for doing this, if I'm using my own money I want a certain margin in the car, If I can't mark it up by X then I don't bother. As we all know buying the right stock at the right price is never easy and seems to be getting harder but that doesn't mean there is not a butty to be made if it's for a car you have total confidence in that will fly out. So say for example car A is worth £4500 on the pitch, with my own money I don't want it owing me any more than £3200 (I'd rather wait for something else to come along), but if I'm using someone else's money, maybe I could stand it owing me £3300-£3500. OK, it's not making a fortune but there is a profit it in it all the same and a profit that I would never have had using my own money. If they are only used once a month they have more than paid for themselves. These cards seem to be being pushed quite strongly and talking to those involved it's not just the minnows like me who are taking them out. Anybody else got one of these auction credit cards or got any thoughts on them?