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Jack, I do think that it's best to get too tied up in average days of selling as they are exactly that..... average ! which means you could have a wee car that sells the first day it comes in and makes £700 profit , but the big chunky £40k 4x4 you have could take 91 days to sell and make you £3000 profit, the average days to sell is then 45 days! Horses for courses, always best to try and spread your stock , age, miles and price this way you don't have all your eggs in one basket, as we all know one weeks you can't get rid of |Mini's the next week there is a queue of 10 folk looking for one! Profitability is key and turnover is part of it, try and aim to turn 3/4's of your stock at least once a month if you can! The CAP book plus 3 months is normally quite accurate! Jim

The ability to drive a car on petrol fumes.

Jump Pack (especially starting in winter lol)

lawgistics are dedicated to our job fsb is for anyone and to be honest is not best suited to motor trade in my opinion visit lawgistics website for full and good info i do NOT work for them by the way but if they are reading i like my malt

2 mot stations 2 paint shops good mechanic good source of vehicles 1 good auto electrician diagnostic kit even a basic code reader thick skin

hi welcome to themadhouse be careful with any leases that need signing and remember most are 3 years and rolling consider going limited (take professional advice) willingness to work 25 hours a day experiance tow rope thick skin be prepared to be obstracised as a second hand car dealer by friends and family but find lots of new mates down the pub an enjoyment to do the job consider joining lawgistics rather than federation of small business

In an ideal world leave VAT reg but a lot of Motortrade websites want VAT # in order to allow access.

Leave VAT registration as long as possible. But other than that, I think all bases are covered

Morning all the cats out of the bag WBAC stands for We Bring About Change have a listen to what it's all about here http://traffic.libsyn.com/cardealerpodcast/Episode_45.mp3 and as the show host Derek Blair, whose seen the concept, says "It's a Game Changer" Hope you all like it and look forward to you getting involved

Days to sell This article seems to indicate that the market is not very buoyant at the moment.

Average is 40-50 days for me some cars sell really quickly and others stick much longer but as long as it sells it doesn't matter.