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Showing content with the highest reputation on 02/21/20 in all areas

  1. 1 point
    Oh well, it’s how it is so get on with it.
  2. 1 point
    Its the free stocking loans thats sent prices shooting for the stars in my opinion Most of these stocking plans HAVE to be used to 80/90% of the designated amounts the lender gave to the trader , so as soon as one car is sold it has to be replaced or the trader loses the facility . Hence they will just about pay any price to turn stock so as not to lose the stocking facility or have it reduced . This has the effect of training sellers to work for nothing , The stocking companies just want the money to keep turning as thats where their profits come from . Stupid silly times in reality run by people who know nothing about the car trade , BCA are one of the lenders now too , designed to sell their own cars , they will fund anyone really because they actually want the stock to return back after taking massive profits for the 3 months on the loans/buyers fees etc . Then of course repeat the success with another sale to another smuk who pays for the privilege . Without these free money trees being handed to fools who cant see past their own eye lashes the trade would be very different and controlled by people who had their own money and wanted to earn a profit . Maybe when and if interest rates go up it might be beneficial to those who have their own financial money interests and want to earn a profit again . We will see .
  3. 1 point
    We have spells of sales being busy, the rest of the time it's quiet. Massive change. Even having cars priced very keenly doesn't matter. Demand is very low.
  4. 1 point
    With reference to 3) Hammer down.For the benefit of the newbies ,sometimes if you are ever bidding for a car in the ring and the auctioneer sells it to you as being ‘ sold subject’ they then occasionally bring down the hammer.If that happens ,the fall of the hammer means you have bought the car and the auctioneer has created a contract.
  5. 1 point
    Yep totally agree its enough to send you to the funny farm.
  6. 1 point
    Bit of grave digging there, but just goes to show how times change fast in this industry.