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Showing content with the highest reputation on 09/13/17 in all areas

  1. 1 point
    The problem with doing this is even if you are able to find someone who owns a plot of land who is willing to do it on this basis, then you have absolutely no security for your business. For example Mr land owner says "sure fill it with cars mate and just chuck me £50 a car sold" Now you go out and stick 10/15/20 cars on the pitch, business starts ticking along nicely and then Mr land owner changes his mind and says he wants his land back ! Where does this leave you ? If you are going to do it properly from premises then you really need some security by way of a lease agreement, it is possible to get a flexible lease arrangement with most landlords especially on industrial units if you need flexibility. As said earlier though unless trading from home is causing a nightmare with lack of space / problems with neighbours / wife threatening to leave you etc etc then i would stay as you are and earn as much as possible while you have low overheads. Selling 2 or 3 cars a month from home may well make you as much net profit as doing 10 a month from a pitch.
  2. 1 point
    Jimbo, think long and hard. Get a few quiet weeks of sales added to a few knackered cars and then find it's rent time again (I'm assuming most rent) & you'll feel the pinch. Also you won't run a pitch single handedly so you got wages to consider. It's a big jump going from a one man band to going into a unit & becoming an employer on top of what other contributors have said.
  3. 1 point
    My advice would be stay trading from home until you are turning over too many to handle at home, until that time comes maximise your current low outgoings. The positive of having a pitch is more vehicles (which is not always a good thing) and no customers traipsing through your family home, using the toilet, etc (which was my main reason for moving to a pitch) But the negative of having a pitch is that you are forced to keep it turning over which means added pressure and HAVING to buy stock rather than buying the right stock for you at the right price in your own time.
  4. 1 point
    2435Mick. You joke about the scrappage Scheme, Customer rang last week and enquired on a car we have for sale wanting to book an appointment to view. Then on saturday cancels the appointment because he's found out the scrappage scheme is only on new cars at main agents and not on 2nd hand at independents. "We are £2000 short of being able to purchase you car". Another dealer only offered us £100 for our px!"