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Go and learn the job working for some dealerships, after you have done a few years and if you still want to do it put £150k in the bank and work off £50k. Do a year and if you still have your initial money(or even a bit more) and have lived then you can probably do the job. Keep your overheads as low as possible, pitches can be very expensive to run but units/farms etc are viable with the internet, do a viewings by appointment and you can get about to buy cars as well as run the rest of the business! Good luck.

Benji is that you?

I'd get a bloody lovely one for £200k.... :-)

Brexit and scaremongering go hand in hand. Let's be honest, if it wasn't for scaremongering from Boris and Co on their bullshit bus we wouldn't be having this conversation.

I lost interest at “brought” it really bugs me an adult in this day and age doesn’t know the difference.

There was a time, before the internet, when you'd only trade with a small group of local guys that you knew and trusted. Now everyone is 'trade'

You’re probably better looking than Deborah Meaden n’all

sound mate no worries you will fit in nicely

Genuine comment Dave, been in the trade over 30 years but I am sure there are comments on here with an agenda.

Benji asking if it’s Benji. Is THAT irony or sarcasm..hmmm. There must be better things to do with 200 grand than jump into this minefield with both feet!

Would you care to elaborate bud. exactly how is the EU damaging your lifestyle?

Pretty shocking to think you'd get any chance of comeback being in the trade. Also, I doubt he would've been aware of the DMF issue as they can fail instantly.

They used to.

Thought I'd update given its VERY good news...Got the car back today and have it re-adverised for sale within 2 hours - PCV diaghram is ripped right open! Updated the listing for the car as available on facebook and got a very quick 'wat do u mean?' response from the ex-buyer...safe to say he's shocked

+1

Perhaps they’ve been looking at Dealer Auction recently.

I don’t use any of those. Sometimes I wonder how much to drink the chap who wrote had taken. Work retail back, find out what the correct retail price it is (based on what’s available, desirable colour or not) find a slot for it in the market and deduct all your costs. That leaves you with your maximum bid.

As I said earlier albeit tongue in cheek, you could easily turn a big fortune into a little one. Take the first steps. Get your trade plates, buy a car and prep it, advertise it etc. I think you’re barking up the wrong tree looking to sink a lump into an existing business and form a partnership. Most wont want to be answering to anyone else and definitely not to someone who knows significantly less than them. I’d set yourself up small, learn a shit load yourself and from this forum and then after maybe 6 months, perhaps look to merge with someone else. Yes it’s slow but you need to learn fast and you will. Good luck, wish you all the best with it mate. Fair play for being prepared to give it a go.

the product you sell is an end to the means unless you take trade vets advise very seriously then someone or many will clean you out and leave you in debt /prison holding the baby £200,000 isnt really that much once a partner keeps sticking his hand up for you being the big i am i suggest you get some ground experience first and bank the money for at least 6 months

I'd look for a unit rather than a pitch, often the same price if no cheaper and you can make a decent showroom.

Following this topic for moderation...

Further spread risk by having multiple dealers in multiple regions.

My best serious advice would be to spread your risk. I.e. place £50k with 4 dealers instead of £200k with 1 dealer. Also, you'll make a better return and less hassle by funding rather than tangibly getting involved.

Hi Lucas You must be very carefull.Keep in touch with us guys,you are entering ‘shark infested waters’.You need potential partners trading accounts and personal bank statements going back 3 years.You will need to check them out at Companies House and also get various other references.

Oddly enough we was talking about this yesterday i bought last month a Golf GT TDI 2007 154k one fleet owner 10plus svs stamps with two belt and pump changes not a mark on it, i only bought it for a young lad we employ who is down on his luck long story but a female is behind it no shock there, anyway i give £1150 for it plus fees. Collected it monday and it drove like it was a hovercraft not a single thing wrong with it was going to give it to the employee but he was in a&E as his crazy misses had tried to poison him so he was having his stomach pumped. The pub opposite was busy as always with the football nutters shouting something i couldnt understand and three youngsters waddled over, so called Karl from the workshop as we do (Karl is 6ft+ and 18 stone part time electrician part time MMA fighter) Karl deal with them i asked anyway Karl came back in saying one of the louts wanted to buy the Golf in the corner and has been looking for the GT TDi model for ages but there all to expensive he only has £2500 saved up, i said mr football lout i dont know how your team is doing but today is your lucky day and three hours later after the game finished of course he turned back up with the dollars. So apart from the very long winded story about crazy youngsters in love trying to kill each other, and me judging a book by its cover we sold for a nice profit a high mile golf. See the guy everywhere as it happens he has changed the wheels added some plastic bits but seems over the moon with the car.

Done the same many times, comeback with something completely different because I smelt profit and it worked.

High mileage diesels have always been my bread and butter. You are over analysing buying stock, it isn’t that simple especially when you are sat at home. James, go the the auctions and do some travelling. Buy whatever your nose follows.... I research every auction with a list of targeted cars, 90% of the time I come back with something else... It’s often prudent to wait till near the end because many bidders have left...

That sounds expensive! that will also include putting your stock on the AutoTrader which you'll need to do anyway. I have a Click Dealer site and moved away from the autotrader razor one about 4 years ago. Click Dealer is great, loads of functionality but I still need all my cars on the autotrader. You can pay a fortune for the best website in the world but if no one visits it, its not worth a penny, you might as well stick a postcard in the local newsagents shop window. you're paying for the audience that'll see your cars, Looking right now at August website traffic from my google analysis tool and website tracker I see 91% of the people that came to my website where as an autotrader referral apparently, 7% from google and the rest came direct. looking at the cars sold 85% came as a result of finding my car on the autotrader - that to me isn't an expense, its an investment, as EPV says above, spend money on marketing but measure it and make sure it works. I used to spend around £6000 a month back in the 90's for the midlands autotrader, and about 3 other local newspapers, and only if I asked did I know where a sale came from. now I spend about half of that because being online means I can see exactly what's working and get rid of what isn't, its only expensive if it doesn't work. many people on here get by fine without them but for me I need to be on the biggest and best generator of sales. whatever you choose to decide P118 make sure you measure your return, sales and net profit and make every penny work hard for you. Jobs hard enough without throwing money away Theres another thread on here on findandfundmycar, they charged me £2000 earlier this year to get on their website which returned me zero, in same time I was on the autotrader which cost me £8000 but resulted in nearly 90 sales - which was the most expensive?

do you have an 8 year old child who looks like him?

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