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Showing content with the highest reputation on 06/10/19 in Posts

  1. 1 point
    I do advertise with them and have been for many years. We try and monitor where our enquiries come from and I would say that on average probably 80% of our sales come from them. I did cancel them last year but didn't even make the full month without them because it was like a tap had been turned off. We are also on Cargurus and Ebay. Nothing would make me happier than kicking them into touch but I don't think I would survive with the few deals that come from elsewhere
  2. 1 point
    there's only two reasons why anybody would do a sale of a customers car greed or insanity whats it gunna be buoy???????
  3. 1 point
    Funnily enough, I'm just on the train to go and look at a SOR car... I work in the 'modern classics' market so it's not unusual for collectors etc. to want to move a car through a dealer rather than having to deal with Joe-P. I charge £1000 or 10% (+VAT), whichever is higher. For that they get the car detailed, advertised and deal closed etc. I have my own T&C's which the client has to sign before I take the car - key point on there is that any expenditure required to make the car 'retail worthy' is carried by the client, not me. There are other conditions which are there to protect both me and the client, but fundamentally I would not retail the car unless it was as per one of my own.
  4. 1 point
    THIS! I've done some very nice SOR (and that's not spares or repair) deals over the years. It's free stock, very often stock that I have personally sold them a few months or a year earlier and still in near-retail condition. The way I go about this is quote (retail) for the prep required and charge the owner for this in advance. Even if it doesn't sell and you return it you don't lose out on prep costs. I would also do most of these deals in the winter when I have the AT double stock offer. This way my advertising is free. Quote a fixed percentage depending on the value of the car, I usually charge between 7 and 11% but this is entirely negotiable and could be lower or higher. NEXT. Very important. I will have a strong preference for a finance buyer because this will effectively double the income from a no-margin deal or at least for a buyer with a bargain priced part exchange. I will also try and upsell an extended warranty to cover the vehicle so I can limit my exposure. Some dealers even insist on your seller/owner covering the warranty costs for the first 6 months. Lawgistics's sale or return agreements actually have a clause that states that seller (the car owner) shall stand by and indemnify the dealer against claims that arise so it's not 100% down to you post sale.
  5. 1 point
    There is no set commission. You tell them what you would pay for it and sell it at your usual margins, exactly like any other stock (minus the investment). You could even tip them the equivalent of the buyers fee if it oils the cogs. Be prepared, they will look at how much you sell it for and will think you are ripping them off - human nature, not realising all of your costs involved.
  6. 1 point
    Jesus. Fuck being stuck in a lift with you. I’m off to find a dark room and open a vein.
  7. 1 point
    I bet the batteries were expensive