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If you are new to this business, I believe as a forum we offer welcoming and friendly advice, we offer support and guidance. If you don’t want to contribute to helping novices then don’t. This forum isn’t about you Agreed

log book loans fear me

Spot on. Warranties will attract grief.

When I was dealing cars i had nothing but trouble with warranties, You do invite trouble when the warranty company wont pay out and you have an ectra irrate customer. I stopped giving warranties and life got easier. On my campers I offer 12 months on the new build part of the camper. Bare in mind the appliances have 12 months manufacturers warranty so as long as I screw it all together well they will be fine. As for the vehicle itself they are covered by their consumer rights. And I stick totally to the word of CRA15.

Similar story, different product, sold a barn find snake pit (you read that right) and description started off...'this is sold in an absolutely knackered condition...' made £100 and got it collected - bonus...imo start off the description as you mean to go on, warts and all...

Every "Thank you" card I've received has ended up costing me £200-£300 in goodwill repairs. I dread receiving the next one.

I long intend to, yes some of them purchase the properties however a lot of them tend to rent down the Marina one block is almost full of overseas students there paying anything up to £900 a month. The last minute dash is great fun, i wont tell you how much we paid for a 11 plate grade punto 41k in white lovely little thing it was, last year the guy was flying on the Friday and tried to advertise his car on the Thursday, we got suggested as someone who could help him, i was away for the weekend and the office staff could only draw out £500 a cash day on the business card, needless to say it was one cheap punto. We fit a lot of tech kit for them also dash cams there big on, and i have to say there very polite young people to deal with never get a seconds trouble from them, does help that they can read the instructions better than us.

So many scare stories out there, no more to add to the top answers above, apart from buying from a private seller has very Little to do with cra shambles. We buy a lot of cars of the local Chinese community of students they do the same thing year on year come to the uk to study buy nice cars there never short of a few pennies that’s for sure as there always top specs, look after them well for two years then a week before there due to leave try and sell them ? Why they leave it a week I never know. A lot of local dealers run a mile due to fabricated scare stories I go out of my way to buy them and touch wood have never had a wrong one yet and looking back at my deals with them there in the top 2% of most profitable deals made. Moral of the story whilst wales is full of sheep don’t be a sheep.

Don’t bother. You’re giving false promises to customers & are asking for comebacks. As for “self funded warranties” etc. it’s dead easy as a one man band - if you feel the need to dip into your own pocket then do so. Quite why traders need to put it in separate a/c or get someone else to look after their money is beyond me. If you ask me your making things to complicated - you’re a doorstepper so K.I.S.S. & forget all the pitch talk. Your punters will be buying on price. Years ago it took me a year or so to work that out.

Who cares if he pays tax or plays buy cra rules has a motor trade policy, as long as he owns it and your happy its for you then buy it.