Allstars

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Posts posted by Allstars

  2. Posted · Edited by Allstars

    Hi guys,

    I bought a 2011 Ford Fiesta 1.6 zetec. 53k miles

    It cuts off/ stalls sometimes particularly when cold. No warning lights on dash snd no fault codes on snap on obd reader. 

    After a bit of research on google it seems like a commom fault. One guy wrote a PCM Software update fixed his and another guy had ford diagnose a throttle and 2 oxygen sensors and his was fixed. 

    Drives mint apart from the occasional stall. 

    Anyone had similar problem thanks

  7. Posted

    Just a quick thought ... advice needed

    cancel autotrader and motors because my stock is all under £2500 per car, so im thinking my response rate is low due to relying 90% on autotrader, whereas my sort of stock should be on gumtree and fleebay. 

    Autotrader for 14 cars (priority listing) is costing me £1150 p/m

    motors 15 cars £182 p/m

    SO IM THINKING TO JUST CANCEL BOTH AND TRY.. gumtree 25 cars and ebay 2 months free trial will only cost be £300 ish hense MASSIVE SAVING on adversing

    Been with autotrader for 2 years and im just hoping i will survive without them, will i??

  8. Posted

    Ive got about 15 cars advertised on autotrader and motors.co.uk and have a pitch with 25 cars on. 

    Never ever has it been so quiet, only sold one clio this month so far and that was on the 1st

    ive mainly got small cars for people who recently passed, and all of the stock is under £3000. I was thinking maybe my target customers (students) are just settling back in uni college ect hense why its so quiet BUT other traders up and down the road are VERY VERY quiet aswell so its not just me

    is anyone else experiencing the same?

    cheers

  11. Posted

    7 hours ago, andymc1973 said:

    I have an accountant who has signed me to using Xero which is very simple

    I will look into this. 

    Is it costly, where can obtain this from?

    8 hours ago, SC Derby said:

    Keep a stock book as you buy (think this is a legal requirement actually), then enter the selling price for vehicles as you sell them and have it work out VAT owing.

    I keep a separate spreadsheet of all expenses and give these to my accountant annually. I'd estimate I spent around 45 mins a week entering data into respective sheets, so extremely manageable. 

    thank you for the advice

    will get some stationary this week and start keeping on top of this

  12. Posted · Edited by Allstars

    Thanks Justina, I've got an accountant and Ive got nothing to hide from taxman so I'm not too worried about that .... Yes we became vat reg last august but I'm struggling to do the book keeping to be fair and really could do with having a system set in place where you can easily put everything together ever quarter and see how much profit your in

  13. Posted

    Overall it was a quiet Saturday, but we had two booked appointments at 2 o'clock .. Ford Fusion and Audi A4 and both sold. 

    Then another couple bought a Astra 5pm a good end to sat. 

    Audi A4 was sold after 8 months, agreed to fix slow front wipers problem and refurb all 4 alloys before next Friday 

    slow start to this month, there were a few good spells but not consistent enough - hope we can get a good few months in now (desperately needed) not made any prof since Dec 

  15. Posted

    Running a one man show is hard like most of you know. There's so much to do, buying, collecting, prepping, selling, after sales and buying all over again. One thing I didn't envisage was accounts.

    Im falling way behind, just quickly jotting down the sold price in a book. Sticking sales invoices and purchased and receipts in separate files but no writing. 

    Paying for labour and some parts by cash and never claiming it back out of business account, I'm probably owed £7-8k past 8 months. 

    Still don't know what a stockbook is and any tips how to keep on top of accounts?

  17. Posted

    4 hours ago, sparky said:

    Agree with Justina, at that end of the market you need more box profit. Don't be scared to charge a bit more. As someone said to me when I first started off, 'shy men make no dough'.

     

    As for AT/ebay/motors etc. It's a bit like debating whether your better off playing 442, 433 or 352 etc. It's a conundrum that very few have the answer to and more importantly, are able to back up. My own view is that you either go on everything else apart from AT or you go on AT and really nothing else (unless it's cheap). There is also some kind of social media (whatever that is) the kids talk about that you can shift a few motors on, apparently a bloke in Scotland does very well on it. I can't see it myself ;)

    Thank you, love the quote 'shy men make no dough'

    currently im on AT and that's it .... it works most months to be fair. I think I might try a few freebies like Facebook and eBay (free 2 month trial if your VAT Registered) 

    thanks so far guys for you feedback and advice

  19. Posted

    Hi all

    Im Bilal, u can call me Bill 

    started off 12 years ago on my drive away, at age of 18, then age 24 moved into a little indoor unit, then after 3 years packed up. Came back 3 years later. Now I been successfully running a site for 16 months, vat registered, card machine, Recovery truck, working 7 days, late nights, really really working my b*lls off

    I have invested about 35k and all my stock around £1200-£2000 

    i feel my model is great, because I've only got 35k invested, a pitch that can hold 40 cars. 25 cars always in stock. We get the odd few 3k 4k cars aswell.

    had a fantastic year, made a good 25-30k

    no employees, just me and my truck

    advertised on gumtree £178, motors £312, Autotrader £1500 

    had a few very quiet Months recently,?ended up cancelling gumtree and motors due to lack of enquiry 

    never ever tried eBay 

    my question is, for the price range I'm dealing with, would I be better off cancelling Autotrader (£1500 big bill) Autotrader seems to be better for expensive stock anyway. And instead try eBay and gumtree ONLY, I'm scared I might die if I left AT. Or should I be on all AT GT and eBay?

    we have no foot traffic and it's a side road.

    and also am I wasting my time on running in/out of auctions, mot workshops, car washes on almost a daily basis working 7 days and selling for an average margin £300 20-25 cars most months. would I be better off just investing another 20k and stocking 3-5k cars???

    New to the forum, in the motor trade for 10 years on and off - only really have become all kitted up and serious 18 months ago / and I'm dealing with the low end. Haven't ever stepped up to 5k cars or above 

  20. Posted

    Been a very quiet Feb and march until this Friday. Phones starting ringing, plenty of enquiries, lots of potential customers looking around. Sold 7 (fri/sat).

    our Neigbours have also noticed this, they sold a good few past 2 days. 

    Is it just us, or has anyone else noticed 'the pick up'

    hope I haven't spoke to soon