trade vet

Rory,we have moved on.I have already quoted a recent experience......Also,you must not know many academics,I have found that often they are not in the real world. Rory,we have moved on.I have already quoted a recent experience......Also,you must not know many academics,I have found that often they are not in the real world.

I would like to know what sort of headmaster drives around in that.Looks like a complete ‘shed’ to me.Why would you want to throw money at it......I must be seriously out of touch.

Balderdash !,Tradex that’s a compliment for me.We had a case lately where we nicked a swapper and priced it up and sold it for a lot more than the car they bought.Loads of negative feedback ( defamatory) and aggravation followed.

The way I see it,the headmaster I assume has left it with AD expecting it to be scrapped.Then somehow he later finds out it is being sold by AD for a grand.I think that could have repercussions,school teachers are bad enough but a headmaster.He could be contacting his lawyer mates to concoct some rediculous case and then there is the feed back.....Just block it I think unless he has said do what you like with it.

That is the sort of thing that you think you should have a good chance of buying.However you might find Car Giant have £1500 more than you for that.How often does that happen.

There was a clean 11 plate C Class in Newcastle a few weeks ago 460000.It did about £1700.As for Black Horse B/bushe we used to get the odd good one out of there.( providing they needed paintwork ) this was before online buying.I used to like doing Blackbushe,great sale if you are switched on.

That probably will happen,but you will be popping in more than that.

In our job ? When you are on a good run,full pitch,no debt and you are knocking them out.I recall I used to love going in on Sundays when you knew you would do at least 5 or coming home knackered having done 10.Getting in at 11 having driven back a long way from some far away auction and you have bought a wagon load of good stock.....Past glories Unfortunately.

ECJ you probably still have ‘public sector mentality ‘. I usually followed the rule,you can be successfull by working half days but you must work every day..........That way,the other 12 hours are yours.

Sounds better than the Geneva motor show ! ( Sorry Nick )

Biggest loss....back in 2008 financial crisis a lot of our stock had become expensive and could be bought a lot cheaper.So it was either sit and look at it and hope or chop the prices and take a big hit.So I decided to take a hit ,it must have been 6 figures and the stuff got sold.We were able to restock quickly at the right prices.Interestingly our year end figures were not effected that much.

Geneva Motor Show...I never miss it ! I think BHM is the same. ( joke ) I had never heard of Pagani,sounds like a Pizza.However,just had a look at one,I would rather be seen in a 12 year old Micra.

Great story.It is usually the case,the best things you do in business are not planned but happen by chance.

I have to say I don’t know of anyone lately who has netted £4K on an under £20k car.They will be better players than me and after over 50 years,I think I have a reasonable CV for this job.However,we often get something where you get a healthy margin and it then generates several good part ex’s and finance commission.It is then possible to net £4K.Also,finance commission these days is relatively crap compared to what it used to be because of low interest rates for the last 10 years.

We should have told you Dean.To do this job successfully you have to eat and sleep cars and all the problems all day every day.I now only go in for 30 mins or so per day but I am still constantly trying to think of better ways of doing the job.I used to keep a pen and notepad by the bed incase I thought of something during the night. I think starting and running a some sort of charity would be a good idea today,next time someone knocks on your door wanting money for a good cause,check them out on Charities Commission.A lot of them have directors earning big money for doing very little I imagine.

Hi Manic I think you should have a go.You sound very sensible to me.You will get good advice on here most of the time.I would go to WOMA which must be fairly local for you and watch the stuff going through,make notes etc and when you have the confidence wait for a suitable location to turn up.As Stalker says,it is about the buying.

This is starting to sound like those guys you hear near the auction ring.’I will take 3 grand out of that,it will walz out’ followed by someone else ‘ would’nt get out of bed for 3 grand profit mate’.and another ‘ just took 2 grand out of a 99 Fiesta’. etc

Most of us think we know how much it costs us to sell a car and then find out that we are wrong having been presented with annual accounts.You could be in the minority !

Hi James When you get your year end results ( vat not included) and you divide cost of sales with the no of cars sold ,I can guarantee that you will get a shock.I am pleased that you love the job,Unfortunately that may change to love the challenge and then to this job is crap.

Hi Manic Maybe this job is not for you.It is a low net margin business.I would suggest getting on Companies House and trawling through car dealers accounts to confirm this.This job is now very complex and the profit just evaporates.The real COS is horrendous. Any questions,just ask.

I would imagine it will cost you more with the new guys.My understanding is that when accountancy practices get sold,the done thing is for the buyers to jack up everyone’s fees to pay for the purchase.I know an accountant who has done this a few times and it has worked even when losing 30% of clients. You need an accountant who is respected by HMRC but they still make mistakes and there is little you can do about it.HMRC say that it is us who are responsible for the actions of your accountant.Ours is advising all clients to do MTD themselves by getting £20 per month software packages.This will apparently calculate VAT so your accountant cannot charge you for that anymore. I think MTD is crap because it could be an invitation for fraud,I am sure invoices could get doctored and inflated and more VAT reclaimed.I understand prosecuting fraud now is rarely cost effective and the average jury does not understand fraud cases.

How disappointing,when it said key workshop I had wrongly assumed you had signed up Scottish Dave.Now that would be a coup. I am unsure how Mr Smith can claim a success at marketing.Just glanced at his numbers £2m net assets,debt £35m. I promise to stay away !

Well done you guys who have done a few this week (school half term is usually crap).You need as much luck as possible in this job,it never lasts.Regarding past glories,you would not believe the old guys like me,so there is no point in trying to go one up etc.

Played golf with a retired litigation lawyer yesterday and enquired about this one.He wanted to know if the claimant was still aged 17 when the car was finally handed back.He also said that a car dealer should be expected to be ‘ alive’ to the fact when dealing with a 17 year old ( a minor) .So you may want to check her date of berth.

ECJ I agree with you,snapchat,Twitter,princess,Facebook plus the others and she possibly doesn’t even know her 4x table. I am just factoring in my own experience with small claims court judges.Last time I proved the claimant had lied and produced fake invoices but the judge was only interested that the car had broken down.