trade vet

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Everything posted by trade vet

  1. Dean,don't be put off,just do it and don't ask the council.Most of us have sold from the door,it is not illegal.A safer option you might consider for starting up is selling older mega mileage Passat diesels for under £2k.In my experience,when we have taken them in,you never get stuck with them.They are plentiful and don't cost much and the punters who buy them know what they are doing and don't mess you about.
  2. Hi Sparky,I agree they are impressive,but we have seen it all before.Their numbers appear to say they did little for 5/6 years,then managed to load up with debt ( £2.3m last year ).........so best of luck to them.......they might need it !
  3. We never found out how much Tesco blew,I did ask them at the time.I think I will try again !
  4. Hi Dean........Welcome to the Jungle !!!........Keep posting on here,you will get better advice than asking traders at your local auction.Noting your love of cars,mechanical knowledge etc.I would say go for high spec old stuff,Merc/BMW/Audi Coupes etc needing some work but with good history.You have to be prepared to travel long distances to find them.It is hard trading from home,but I know people who have also been successful selling older Volvo estates and Audi Avants etc.from their home.Best of Luck
  5. European Law - Companies (like AT) must treat competitors fairly when people make on line searches.AT could be guilty.However,as Brexit has started,I doubt Euro anti.trust police will bother with AT....Anyway,AT are now in decline and probably will have to come up with better deals like Sky announced yesterday.
  6. That's GreenGiants smoker. !
  7. High Mr MG. - The seller is a dickhead,he thought he was being clever.You certainly can't advertise a lovely car etc,then sell it for spares or repair only (even if it was for £100).Firstly,ask the dealer for an explanation,then request a full refund,plus your expenses and tell them to collect it.
  8. You don't like swappers !,we don't like straight deals unless they are on prime Chucky with commission ! We try and wait for the right swappers !
  9. Hi Mr C,I agree looks like nice straight car.But if you are into subprime chucky,maybe that is the problem-nightmare punters.I would say,unwind the deal,advertised properly it will do £2500 to a proper punter who is looking for one and not just a subprimer who just looks at the weekly cost.
  10. Mr C,you appear to be having a bad year with merchandise problems.Without being diplomatic,may I suggest it could be down to the buying or your business model and not the punters.You must know that this job consists of lousy margins,long hours and plenty of aggravation/stress ,it always has done.Get this car in,sort it out,things will get better.Good luck.
  11. Ha Ha ! Guys,better start again.I mean cheap good stock.If you do your research properly,you have to target a lot of stock,then constantly watch that screen and don't get distracted ( our guy can be watching 3 sales at once),there are always cheap cars slipping through.It is much better than going on 400 mile round trips don't you think !
  12. It has never been easier to buy cheap stock from the block.You just have to do a lot of homework.What about being on the road at 4,to get to Colchester for 8.30 to wait for the catelogue,then go round the yard ..................it sounds like the Hovis advert ! ..........and a lot of the auctions were bent,which made it harder! Despite what anyone says,you cannot run a pitch properly on your own.However,what you have got to do.........only work half days...but every day..........that way the other 12 hours are yours !
  13. Hi Matt,...Land Rovers etc,sounds promising to me.There is a guy near us just does Range Rover boxes and employs several people.Have you checked out the MOD agents who flog off Land Rovers and unused parts for them.I see you have a lease, you need to check out commercial property regs with regard to 'delapidations in leases' and what could happen when you decide to leave.We were hit with a mega bill just for moving on after our landlords,the local council had outsourced management of our premises to a professional commercial landlord......Good Luck!
  14. Good Post ! .......Our local BCA had the bright idea of starting a Log Book Loans section.Bought an X Trail in the first sale ( doc to follow) of course the doc did not follow.Went through the usual BCA " fob off procedure" and eventually got a full refund.The section was soon closed down.
  15. Back in the day ,we operated on a main thoroughfare competing with 12 other ( each approx 30 car ) open pitches side by side.The pitch rules were the same for all of us.Stock had to washed,leathered off and 'on sale' every day by 10 am.After that,half your stock would be polished daily with Autoglym (it was cheaper then) ,worked in damp weather and made water run off and not leave any marks.Stock always looks best displayed outside don't you think !
  16. Yes totally agree,lovely people (mind this was a good while ago ),only ever went twice,after that just used to leave bids with (from memory Joyce) although never met her.I would ring the next day to see how we got on,she often would say,yes you bought a few,they will be with you shortly.We sometimes got them before we paid. !
  17. Kinross ! Online ! Not leasing Co Direct. !................Very Brave. - Good Luck. !!!
  18. Hi there,your prep so far and expectations appear very good.Most of us have sold from home at some stage.I would say even though you will be part time,get a website ( inc. your photo,embellished CV,plenty of bulls....t),I like to get ideas from US websites-they have great wording.Warranties- you are right,these companies let you down,they can upset customers and be expensive.Do your own,we have fo 21years - it works.You will need plenty of advice,just keep posting on here. Good Luck !
  19. You may be better off posting this on General Dealer Chat,however,I will be replying later on
  20. If you are a retailer and the vehicle is in and out of stock for little or no profit it can set alarm bells ringing.Old stock is OK.This is what happened to us.We had sold a car on behalf of a regular customer whose circumstances had changed.The gross profit from memory was about £150.The Vat inspector was suspicious that undeclared cash may also have been paid! We just let the inspector assess us on top of some other things,they have to get something extra! Another one I recall,we had bought,paid for and had delivered some stock from Manheim,one of them was not ours.So we were refunded and the stock book showed that the purchase and sales price were the same.The Vat inspector again was suspicious,made enquiries and this time eventually accepted our explanation.These are just small things,wait until you are chosen for a HMRC random enquiry!
  21. Great wording.........except I am unsure that if it got to a small claims court,it could be construed that all your vehicles represent a 'high risk'. Otherwise,maybe we should copy most of that !
  22. Can I refer you to my post from 16 May under ' What are my chances'
  23. You must be a clever guy....!
  24. And there is more........When the VAT inspector sees a £9k car with a very low margin,you may have a problem and could be assessed.It happened to me on a similar " charity deal ", never again.