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Everything posted by Mojo121
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So we'll now be selling cars with MInor 'faults' instead... that sounds easier to explain to a layman than an advisory Anyone got a link to an official piece of guidance on any of this? All I've found is scaremongering red top articles.
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You've seen the way they hoon about in the hall, right? Proper children if you ask me.
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As I said on another thread you're just knocking out the odd car here and there del boy style "no income tax no VAT no money back no guarantee". It's not a business. You'll find people are reluctant to hand over nearly 13 bags.
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Whats it worth - 2001 Skoda Fabia estate auto
Mojo121 replied to metcars's topic in General Dealer Chat
Presentation is everything. Hence my question about the pitch. Anyone can knock it out for £500-695. You’ll notice the difference between someone who buys an old old car for £995-1295 vs one who buys at £500-700. Im in East Anglia. I price a lot of things high and traders often tell me “you’ll never sell it for that”... -
Whats it worth - 2001 Skoda Fabia estate auto
Mojo121 replied to metcars's topic in General Dealer Chat
Depending on the quality of your pitch I’d stick it up at £1295. £995 would have the phone going barmy. I know it’s old but it’s a reliable Skoda auto which is worth something to people. -
Not rocket, this. Just post on the groups or create your own page and get other dealers on board. That way it's free.
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You would have been phished. There's usually an email through to you saying Hi, I'm really interested in this car: https://www.ebay.co.uk/itm/YOURCAR Can you let me know if it is still available Regards S Cam You click the link and it asks you to login, what you don't see is the link masks the real destination which leads you to a copy site of ebay which the scammers own (ALWAYS CHECK THE URL BAR). You punch in your login details and it then returns you to ebay's actual homepage. You think "huh?" and usually nothing more. Their database then emails them your username and password and you get done over.
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You're basically 'shotting' a few cars for a bit of cash here and there. If it's a few hundred quid a month you're after just carry on doing what you're doing. Truth is you'll probably not go back to it once you graduate, I wouldn't recommend you do anyway, there's far more money in drugs than cars... however, alot of money in cars is from drugs and alot of people who buy them are on drugs. Maybe there's more connections than I'd first thought Anyway, there's no silver bullet, just keep plugging away and ask on here if you get stuck with any nasties.
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Out of interest - what are you studying?
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Don't... ha. All I do is rue the day I bought it. Must've been short on stock that day...
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You can't even sell a cheap car these days. We have a 407 marketed up stupidly low (because it's not sold at any price) and all we get is 'best price mate?' after they acknowledge it's cheap...
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What’s actually selling well ? And what’s not!
Mojo121 replied to Jimbo's topic in General Dealer Chat
You’ll be lucky to get any straight answers on that. Comes down to you pays your money you takes your chance. Learning what sells is something we all have to pay for -
Hi all, similar thread to another on here but I didn’t want to hijack it! We received a letter from the DVLA about an unlicensed vehicle being seen on a specific date and time with photographic evidence of it being left on a public highway - back in October. No dispute there, the car was taken home by my business partner when he was due to take it to a mechanic but they were closed so he just went home. The thing is though the car was clamped and we called and paid the £100 fine, being told that was the end of it. Now we’re got this letter they’re now asking us to fill it in and return it with threats of upto £1000 fine ( I doubt it would be a £1000...) and additional fees for unpaid road tax. The thing is surely we’ve paid our dues for the mistake here? The car is “in trade” so doesn’t require sorning and we can’t pay twice for the same infraction can we? Unless they think my business partner isn’t connected to the business and he was a new owner? i’ll ring them later but I just wanted to have an idea of where you all think I stand.
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Buy cheaper cars? Alot of us only started with 10-15k... I have to say that the cheaper market is a hell of a lot more crowded now though and you will be a busy fool for a while
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Ha, like my old nan used to tell me if you're good at something don't do it for free
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Blowing heads at 40-60k from what I've heard
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Wasn't a BCA Peterborough one today by any chance? If it's the VCT one they have variable timing and can have trouble with what I think are called Cam Variators - if that sounds like the problem I'll ask the mechanic exactly what he did to fix a customer's one that came in.
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Happy to buy some off you when you're up and rolling
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In your experience that may be true but it doesn't tally up to what I've seen. I had my license viewed as MrC said. What kind of invoices and receipts did they ask you for?
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Hardly. It's usually trade insurance as proof. Anyone can buy motor trader insurance and even the dodgies have insurance. Saying that alot of the legit traders I know now don't bother with trade plates... go figure.
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+1 on them trying to move towards a cashless society. A friend was in China and he told me basically everything is done through a whatsapp on stereoids type system called WeChat. Everything is tied to it. He couldn't get setup for a little while so even getting a taxi was impossible. A card machine salesman also told me that banks are removing holes in the wall where they can. Dark days will come when cash no longer exists, trust me, it'll all be ushered in under the guise of beating benefit and tax cheats but in fact it'll just be another step towards removing your liberties. 1984 here we come...
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There's the odd genuine car on eBay, but as others have said, do you homework. I think people are tighter for cash now than ever before so the idea of 'nicking' anything and marking it up is almost non-existent. Feedback, a phone call and HPI are all tools you should use to decide whether it's worth a bid or not!
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2002 Mercedes E270 with brake message - Any ideas?
Mojo121 replied to Frankieola's topic in General Dealer Chat
Do you get the message SBC hold unavailable? -
This, but get him to confirm via email or whatever means of the understanding you have. You'll see what he's made of that way. If that still doesn't feel enough ask for some more deposit and you'll hold it for him. If you don't want to wait, deduct £100 for advertising and time wasted and give him the rest back... (in future those Deposit sales slips are a great investment for a fiver )
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Is it worth setting finance up for cars under £5000?
Mojo121 replied to Leeds trader's topic in General Dealer Chat
We were able to get approved with Close straight away... no limits on lending, didn't care if it was a £3k car or £10k etc as long as it was within mileage and age criteria. Commissions seemed as if they were a bit low when it was first pitched so we negotiated these things up. Worst way to position yourself is "Hi, my name's John of ABC Cars, I'd like to get some finance setup" The rep comes out and has you over a barrel. It's your business and remember you're in a position of power and you have multiple options As for do things slow down above £5k if it's the right car no not really but you will have some that stick so you have to ask yourself if you're financially ready to have 3-4 cars sat on your pitch that take 4-6 months to go.... not to mention have alot more money tied up in them. Also, the more expensive the car the more expensive the repairs... the grass isn't always greener buddy! Finance doesn't cost anything (bar the license to set it up) and it won't hurt you to filter a few more expensive car in. Test the water but I suppose my point is take it slow... Good luck!