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Cracking advise from above, and i agree think people will be biting there lips not to answer some of your questions, those of us who have to pay tax vat insurance rent rates and all the other fun stuff we have to pay then still try and compete with people who are happy to earn beer money.

Hi Dylan I pre warn you, You may get some negative feedback here from some members. First off the golden rule for any business to have a good chance of success is to know your trade and have experience in it. I fear you have not come from a motor trade or at least a sales background. If you dont have the experience you have an uphill struggle. If you are only making a small amount as you suggest, you need to think is this for you. You must by law stand by your vehicles for warranty, if you sell a banger and the clutch goes 1 month later, like it or not you're liable. Trust me you will be bitten and someone will take you to small claims, For the amount you are making you need to stop or radically change your game plan. For cheapies, say 300-£1k in my opinion BCA is not the way, you need a plat card to get the fee's down to the level worthwhile and most people with platinum or black card are not buying bangers. Try other local independent auctions, there fee's will be much more reasonable and alot of dealers use smaller auctions to get rid of bangers rather than use the BCA or Manhiem. Trust me on that point I used to run a Car Auction. You can try going to dealers and asking for cheapies, beware that if a dealership has cheapies on its pitch and there offering off trade sales, Ask yourself why ? Don't be afraid of vehicles that have no mot at an auction, this is common with swappers, you can now check the reg to see if its been in for mot before the auction with the gov app. These sub £1k vehicles can be very cheap as people think they are opening a can of worms. You just need do your homework on the day and make a call, Main agent vehicles thrown in are normally a better standard of car and former owner. an example, I bought from the block the other day a (Main agent Entry) 2006 Mondeo TDci Edge, very clean car, with 120K, No mot, not been tested since expired, I payed £140 in the block cost me £200 out the door. it needed a Tyre and a wiper SIV is £240 I will £1195. I also bought a 2006 Punto Grande, clean car with 92K in 5 door. Listed with a clutch fault, for £280 out the door. The thing was barely moving through the block, A clutch for this car is £48 and a you can get a mechanic (go on FB and ask about) to throw it in for £100. Lucky for me I own a garage but the point is anyone can do this if the profit margin is there. Am not sure what to suggest about your warranty position, either supply a third party warranty but you need to get your margin up first. You can just try winging it for now but it only takes one screamer to come back and no there rights and you will be in miver. a Limited company will limit your personal liabilities. Good luck Lee