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Showing content with the highest reputation on 04/05/17 in Posts

  1. 1 point
    Hi Guys, Looks a great forum hopefully you can help me with a few questions about going full time as a motor trader. Been trading part time from home now for about 3 years and traded typically 2-3 cars a month. I`m finding that good cars at BCA (gold card)are fetching about £100/£150 above CAP clean which for a part timer like me is killing the bottom line so i`m considering going full time with a pitch may to hopefully increase my sales. I`m looking for a pitch in the West Midlands area that will suit around 10 cars. I`m looking to sell cars in the £2000/ £4000 price range. Need another 6 cars at the moment so i`m working on a £25000 cash injection to fund the business during start up. Here are the costs as i see them can you see if they look about right and let me know if there is anything i have missed thanks. My biggest fears are the pitch lease/rent and car depreciation. With a 10 car pitch would you expect passing by/footfall sales to cover the cost of rent alone over year one or is that being a bit optimistic? I`m looking to increase sales to around 10-12 per month as well Thanks in advance for your time. Pitch - Rent/Rates £250 per week Loan £20000 over 10 years £100 pw Advertising £80 pw Insurances £40 pw Misc - fuel, telephones, electric, stationary, £50 p/w So i make it around £520 at least p/w or £52 per car p/w to cover costs does this sound about right? Once again thanks
  2. 1 point
    Well my new trade plate holders have arrived today and these have the spring clips that fit over the ends of your existing reg plate, BUT display the trade plate below the existing reg, so as to not cover it up. I have to say it's really simple but well made and they fit everything front and rear that I have in stock at the moment. I've also purchased two security wires that dog clip to the trade plates that you can run through a grill or trap under the boot/bonnet as an extra bit of piece of mind so that they won't fly off... Plate holder: http://www.ebay.co.uk/itm/322441729606?_trksid=p2057872.m2749.l2649&ssPageName=STRK%3AMEBIDX%3AIT Bunjy thingy: http://www.ebay.co.uk/itm/381777653738?_trksid=p2057872.m2749.l2649&ssPageName=STRK%3AMEBIDX%3AIT
  3. 1 point
    My cunning disguise worked then
  4. 1 point
    Is it not the case that the finance companies you refer to are just applying the terms of the contract you signed? It's easy to see the £signs attached to the 'we'll bring you more business' offer, but the devil is always in the detail. These companies are living off your sweat and blood and they're having it away and dumping on you when it gets a bit warm. Because they can. If you let a fox in the chicken shack to keep warm in winter, you shouldn't really be surprised when it starts eating the chickens. Just saying...