Only one sensible answer to profits isn't there
As much as possible is the truthful answer .
More on some and less on others is the blinding truth ,
If you get the calculator out , pye charts , graphs and all the rest of the calculations regarding % this and % that , you are doomed I say doomed
****eg ******Golf TSI in the block other day , Needed two bumpers painting , 4 tyres , three wheel refurbs , BCA assured pointed to manifold problem and it rattled on start up , Needs chain then .
Retail it would fetch £8295 tops at age and mileage .
Spend if you do it yourself , is around £600 /£900 depending on what sort of tyres needed ,
Made £7250 OUCH , + fees and report out the door say £7600 ish
Assume the wheels are not going to be done , 2 month MOT left lets leave that , Switch EML light off "await warranty call " as going to deny manifold and chain was faulty and Paint is done £200 if cheap Tyres have no choice as 2mm only So £200, still makes it £8,000 on the showroom floor + advert , +valet , as a min that takes £200 which now makes £8200 and still a mess really plus it needs chain and manifold . saw it up at £8495
Now thats two months ago , still for sale , but now its £7595 , clearly this so called trader has forgotten what he paid or it .
****Another last week ***.
Megane , local guy to us paid £16,500 on hammer plus fees , needed MOT , Service and new tyres 3mm rear 1mm front , Its on sale at £17,295 , I wanted to sell it at £16,495 and that was on the high side really plus I like to earn money out of it ,so shows what he paid over book for the bloody thing . Then tries to gross about £300 out of it . Be £99 left after Advert , MOT , VAT , and a wash
Funny trade at present