trade vet

Hi ASP I think you are are doing OK for newcomer.I would not register for VAT just yet.You will be able to get away with a lot in your first 18 months.Try and buy some stock privately as once you open an auction account and become a regular you will be on the HMRC radar.I would say stick with what you are doing and by next summer,you will have learned a lot more and you will probably be doing better.There are a lot of traders who would like to be in your situation ( no debt ).

As you are going well,May I enquire how much on average you are making each week.Are you VAT registered ,It may be better to just stick with what you are doing.

If there could be government grants available for charging stations,it may be worth looking at.There will be a huge demand in the future from those people with EVs who do not have off street parking.In some areas it will probably be quite lucrative to operate a charging station.

Any diesel ! Does this not just apply to new diesel cars .

Have a look at CICARS.com,incase that is what you want !

Does the UK not have the cheapest used car market.I think we need a bit more information about what you intend to import.

Good auctioneers know who buys what etc,we buy online and we get run up all the time and often the auctioneer gets it wrong.Sometimes you can then just buy them afterwards from the provisional office.As for current prices,we buy ex fleet and I can honestly say,I have never seen stuff as cheap before.

It will be interesting to see if Motors survives.It appears to have been originally owned by the Daily Mail who after blowing several million sold it to Manheim who probably bought it for the tax losses.Manheim seem to be in to everything,Cox Automotive,Dealer Auctions to name a few.

I doubt they will get 25000 dealers to spend an average of $200 or £160 per week here like they have in the US. I think that is right,I recall asking them how we would benefit by them disclosing how many days our car had been on advertised their site.I got some bullshit reply which made no sense to me.

It's a void deal ! The punter can hand it back and the dealer will have to cough up,I think there is going to be a lot of that.

That's wonderful Arfur....of course I am guilty as well. BCA manager pulls me to one side,he says we have a problem can you bid on this Sierra ,Cavalier or something,don't worry you won't buy it.Anyway,I am in front of the rostrum chatting bullshit to the guys,the way you do.The car comes through,so I start making animated bids and the auctioneer says at least twice 'are you sure' etc which I ignore.He then boshes it out to me.......you are right,I bought the wrong car and I had to stand on.

I remember them.Mind you there were a lot of traders who had ' guide covers ' because it disguised the fact they nicked their guides from a main dealer whose name was stamped on the outside of the back page.

Hi Guys Just keep slagging off Merc manuals,more the better for us.It has never been a better time for a punter to trade up to a late plate Merc to impress the neighbours.Horses for courses etc,our guys usually have about half a dozen late Merc manuals in stock at most times.Alternativeley as long as I can remember,southern traders have come up north to buy all sorts of autos which do not sell at all up here !

Looks a straight one,it would walk out at £6999 from a pitch up north.However with the Budget coming up and with a lot of negative diesel stuff in the media you may have to sit on it for a while or until you can do swappers,warranties and finance etc. from your own website.

It's early 90s since I last subscribed,but out of interest I searched Glasses and it appears its inventor William Glass was an amazing guy .He invented all sorts of stuff ,it is worth looking up.However,he would probably ' turn in his grave' if he knew that the present owners of Glassses were producing these monthly market reports for the trade with crap information .You just wonder if Glasses got some fee from Dacia to promote them as the fastest selling range in the UK ?

I can believe that,especially if they are part of a PLC.Have you noticed,when these guys announce their latest results,they prefer to emphasise an increase in sales T/O dressed up as good news, rather than the bottom line which has often got worse.Investors and market anylists can then take the view that if sales are increasing,profit increases will naturally follow. Then both the share price and the share options of the directors are protected but they will have to repeat the charade next time round.Next year they will probably bullshit that their results ( which might be bad) are perfectly acceptable having factored in the effects of Brexit etc........

Nice one !

That's right,past glories !,I recall being camped at main dealers from 11.30 pm for the midnight handovers in order to get the swappers!.....apologies again to the new millennial traders.

It's the £500 repayment plan I was concerned about not the renovation charge.Anyone heard of this happening .

One of our guys heard this outside the school gate,So it may not be true.Punter hands back her PCP and is asked to pay £1000 for stonechips etc.I understand that is now a normal occurrence.She negotiates this down to £500,but of course she has not got £500 ( must be maxed out).So to enable her to get another PCP car,a separate payment plan is set up to repay the £500 over 5 years !!!! and the punter is happy.So much for responsible lending,surely this cannot be true.

Hi there, Did your friend not take the job based on the 'on target earnings potential '.The dealership knows of course he has no chance of achieving these targets.Vauhall dealers are really struggling,surely your friend new that.

Why would any experienced motor dealer want to be seen promoting this Ali G guy and his co director and their AutoVola website and give approval for 1000 dealers to acquire a 20% stake.Some people might have checked out Ali G first and his claims to being a successfull businessman.AutoVola now looks insolvent and the co director has departed.Then there was MotortradeMe and there could be others ,you have to wonder whether IMDA will go the same way......As they say on Dragens Den, I'm Out !

Hi RH Thank you,Just viewed the Autovolo stuff and have had to take a spoonful of gorilla glue as I think I am about to blow a head gasket.I will reply later today when I have settled down.

FAO of Ben at Glasses I think it is fair to say that the feedback you are getting about Dacia may be at odds with your market report.

If you MOT'd it ,you should know how many miles she has done.I am unsure of the relevance of Manchester to Herts etc,did you deliver it to her ? Cheap Polo's always sell,just make a recorded time related offer to rescind the contract with a full refund less the HMRC usage charge (45p per mile ) and you will learn from the experience.If she refuses,she is on her own from then as I understand ,as it is a cheapie.