trade vet
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Everything posted by trade vet
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Got them away @ 235p in late trading.......cunning plan to buy them back cheaper.....they will probably go to 3 quid !
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Hi Justin..We got 8000 @ 172 not long ago,I missed selling them today at 239 I think, but I am still trying to get 235p today.However,I have had to blow a lot of money learning share dealing,if I survive another 15 years,I might be back to where I started.....!
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It is up 10% today.....Private Equity considering a bid.I should be pleased as a shareholder but I am not.If you think BCA charges and poor customer service are unfair now,I dread to think what these guys might do.
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Nice one....
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Out of interest,we have a Dominos Pizza near us.I know a retired guy who works 5 nights a week there £50 per night plus tips for delivering etc, but they do insure him.Anyway I was asking him how the shop was doing when the Pizzas are nearly £20.Apparently on a Saturday alone it takes £10k,because all these lazy students think nothing of ordering deliveries with their plastic cards.
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I do agree about good people who need a Motability car and look after them.However they are outnumbered by those proffessional benefit claimants who abuse the system.I have even heard of Motability cars being rented out as Taxis.....I have to admit that before on line buying,we did benefit from buying Motability stuff needing bodywork.There was usually a good choice needing work at B/Bushe on a Friday and being from up north,we could get the work done for half the price.I recall seeing some rediculous cars in the Motability section like Saab Convertibles which made you wonder what was going on.
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Met....you might want to prepare for possibly getting both barrels from BHM...
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Another star post from BHM.....Can you imagine some champagne socialists discussing this post at a Hampstead dinner party !
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Well done Nick,it did sound a bit unbelievable 4 days on a 20 grand car,so I needed to hear the story,sad but I like the stories! I recall a case years ago when I had bought a quite rare 3.0 Sierra 3 Dr high spec thing out of Leeds.It was a civilian spec police vehicle and I paid a fortune for it.Next day it is waiting at the back of the pitch to be valeted.We get a call from a guy asking about it who says he saw it when he was driving past.I said you must have good eyesight,I told him the price and he says,I will have that I will pay you in the morning etc.Next morning ,this sharp looking guy comes in with the cash and hardly looks at the car.I again asked him how he spotted it from the road.......He said....I lied to you,I am a Police Officer,that was my car and I was going to bid a lot more for it but got called away etc.I got the auction to tell me who they sold it to and for how much etc.....stories .....stories I am away at the moment Nick,but I will call you next week.
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£250..I did not know that.When you think about it,it should be a grand for a return and renewal,Motability Operations have few problems when you consider their directors are creaming off millions in remuneration and bonuses.With their Charitable status they have generated £2.5 billion in cash and pay out very little to good causes and it appears the government won’t intervene.
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Where is Mr Northard,head of Manheim and presumerably IMDA external relations when they need him.Surely we need his intervention here to promote IMDA,it is not as if he has a pitch to run like the other founder members.
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I tried to argue with BCA that the smell of Motability stuff was ‘material’ to the description for online buyers because we have had stuff where it has been impossible to remove the odour.We have actually replaced seats ,took out carpets and jet washed them and in no time the odour reappears....Of course I got nowhere with BCA so our guys just don’t buy them anymore.
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It is all about the wheels,always has been.My first job was washing,valeting and painting wheels.A few years back,We used to buy loads of big Chinese copy alloys ( with tyres)when the pound was stronger.By the time you sold the old wheels on EBay they were costing about £250.....A3’s in particular would fly out.
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Never been able to understand the van market.Sometimes I may have bought a nice Transit,then find out that the side door is on the wrong side or it has sliding doors.We know someone who is a big time operator in ex Police dog vans,so we bought one a two....got it wrong again.Then the big problem,the punters will not pay the VAT.Specialist market,it sounds like you are good,stay with it I would say.
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Where do you send the prime finance declines
trade vet replied to Nick M.K.'s topic in General Dealer Chat
Sub prime punters are a headache,crap swappers,no commission.We tell the chucky duffers If they want to buy the car,get their own finance.It can take ages to get these people accepted and they never return for another car.We have prime finance punters who return time and time again and look after their swappers which you can then retail again. -
An absolute s**t service from BCA Assured
trade vet replied to Nick M.K.'s topic in General Dealer Chat
I am sure Nick is a good guy Arfur.I am just trying to get across how he should deal with the next BCA Assured misdescribed Car where he could be a grand out of pocket.You cannot be suspended for complaining about a misdescribed car,despite what people are saying......I want all the guys on here to do well. -
Pre tax profits £210m on £310m T/O.....Bastards ! That puts our job in perspective.The next kick in the teeth will be the BCA results at the end of the month.( they are expecting record results )
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Pre tax profits £210m on £310m T/O.....Bastards ! That puts our job in perspective.The next kick in the teeth will be the BCA results at the end of the month.( they are expecting record results )
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Pre tax profits £210m on £310m T/O.....Bastards ! That puts our job in perspective.The next kick in the teeth will be the BCA results at the end of the month.( they are expecting record results )
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An absolute s**t service from BCA Assured
trade vet replied to Nick M.K.'s topic in General Dealer Chat
Nick,I have got to tell you,if you are going to be any good at this job,you cannot be a ‘soft touch’.At some stage you may be cruising along doing well and then HMRC pick you out for a random enquiry and creatively asess you for 6 figures.You cannot roll over and your accountant does not want to upset HMRC,you have to fight on your own. So do I have to explain our court case again with BCA,as I cannot find it in the history on here. -
An absolute s**t service from BCA Assured
trade vet replied to Nick M.K.'s topic in General Dealer Chat
Hi Epv.....Yes,we did.I have already described our case,I am trying to find it in my history.However on 8th April I describe another run in with BCA which does refer to suspending accounts.....If necessary I will recount our case later on.