MSP Motors

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Posts posted by MSP Motors

  1. Posted

    1 minute ago, Mark101 said:

    I am not FCA registered yet and debating.

    I know this is a bit "how long is a piece of string" but would you recommend funding for my stock profile (between £3k to £7k but mainly £5k).  

    Am I right to presume that will attract a lot of sub prime and very little comms? 

    What would you anticipate commission for prime/subprime on £5k advance?

    Only asking because I already accept CC and my cars are easily credit cardable...

    In my mind, there are only positives to have by being FCA registered. 

  4. Posted

    I use Autosales, can't really fault it, although I have no idea how that would work with the new legislation. I know it syncs to sage, although don't really fancy using sage. Hopefully, they roll something out to make it compatible. 

  6. Posted

    1 hour ago, BHM said:

    Welcome Finance must of dealt with some right scum. I remember the Washington Friday sales seeing their ‘offerings’ - Christ! Most of it was pure spew :lol:

    The one thing I will say though is that Welcome were obviously only interested in ‘clearing their books’ & not hanging out for profit. Some of their finer offerings (all things being relative) were for absolutely nowt and as long as you were prepared to upset your valeter and cough-up for oil, filter, discs, pads & tyres (always f***ed) then there was profit to be had. 

    I understand why you pitch lads have to do finance to keep up the numbers but I couldn’t be arsed with it. Just give me a few cash customers any day of the week - so much easier, car gone, bye bye, never to be seen again.

    Each to their own, I just don't why anyone would not offer it. I have sold 3 cars this month, 1 bank transfer, 2 Finance deals. The first finance sale gave me £75 commission, but more importantly, enabled me to sell the car. Yesterday I got close to £2000 commission and enabled me to sell the car. like I said, each to their own however having the ability to offer finance is one of the most fundemental tools to have to help me sell cars.

    • Like 1

  7. Posted

    4 minutes ago, trade vet said:

    You are right Noacross,I am anti sub prime.They don’t become repeat punters and they usually have non retailable swappers.The first and final straw for me was an outfit called Welcome Finance who wanted our business which was long ago.Their rep met the punter at the handover and took ages signing up with all the refs and ID.The punter then drives off and the rep gave us a cheque for balance .....all very good.Next morning the car is parked at the door with the keys and docs in the letterbox and a note saying ‘ I don’t want it etc’.So I phone Welcome and tell them to forget it and that I will refund them immediately.They said it’s OK,we will just stop the cheque ! ( as if it was normal).After that any chucky duffers had to promptly arrange their own finance if they wanted to buy from us.

    I am sure First Response are OK,but I was always interested in prime finance,good rates and terms,good retailable swappers and repeat business.....maybe I was wrong.

    you can't get prime finance on a 13 year old car. If I take a 13 year old car in px and someone wants to get strapped up to it, who am I to deny them. EPV, every car is a potential boomerang, its all part of the job. You need to win more than you lose.  I have no more fear selling a 13 year old, diesel X5 than I do selling a 5 year disco. Actually, scrap that, I'm more fearful selling the 5 year old Land Rover/.

    • Like 2

  8. Posted

    20 minutes ago, trade vet said:

    Subprime,I thought so.If there is a merchandise complaint to the lender in the first 6 months and they stop paying......they could claim a void deal and rescind the contract.....it’s happened to me,full refund,that is why I quickly stopped offering sub prime years ago when it was introduced.

    Thanks for the heads up, however I'll continue to use them. In my experience they are a really good company that just so happen to specialise in sub prime.each to their own.

    20 minutes ago, trade vet said:

    Subprime,I thought so.If there is a merchandise complaint to the lender in the first 6 months and they stop paying......they could claim a void deal and rescind the contract.....it’s happened to me,full refund,that is why I quickly stopped offering sub prime years ago when it was introduced

  9. Posted

    10 minutes ago, trade vet said:

    Thank you MSP,I have to say that is rediculous and could bounce back for whatever reason.That cannot be a mainstream lender,so much for Mark Carney warning about reckless lending.

    First Response. Fairly Mainstream, albeit subprime. It could bounce back for any reason, you are correct, however, that really doesn't have to do with the car being sold on Finance.

  13. Posted

    I mean.... It takes fucking 10 minutes to do a finance application. We get paid a premium for selling cars over a private seller. This is one of the reasons. I genuinely struggle with so many questions people post on here. What's next.... charging £50 for customers viewing cars?

    Are you seriously a car dealer Jay?

    • Like 2

  15. Posted

    11 hours ago, twerp said:

    Background and floor look great, but I am sorry to say the car looks awful because of the interpolated pixels.

    It looks like it has been digitally enlarged and not optically zoomed.

    Well to me the photo looks preeeettttttyyyy good. If you are being genuine about the optical zoom then you are either crazy OCD or you're just bored.

  17. Posted

    I would imagine that this gearbox is classed as a sealed unit by the manufacturer. I may be mistaken, but I doubt there are any recommendations for changing the clutch/actuator as part of maintaining the vehicle. Very similar to many other semi automatic cars. If you sold a dsg golf, and the clutch pack/mechatronic unit packed up after a few months would you tell that customer to jog on? You may rethink that when You have an irate customer banging on your door or taking you to court.

  18. Posted

    4 minutes ago, Del Boy said:

    The clutches in these always start to fail around 60k. You’re better of buying one with 80-90k on it, knowing it’s had a clutch change already. 

    I think mine has 21k on the clock, I think the actuator was at fault and had put excessive wear on the clutch.

  19. Posted

    Most items are wear and tear. I would imagine Most customers do not understand the automatic car they bought is a manual box with an actuator strapped on the side of it. Even if it was a manual gearbox, unless the customer has done absolutely mega miles in it, there's no way that a car they have spent good money on should become undrivable within 2 months. The problem would have been present at the time of purchase in most probability and it is doubtful any dealer could prove otherwise. If it was a manual car then maybe, just maybe you could blame the customer for burning out the clutch, but without a clutch pedal, I think its impossible to blame the customer.

    18 minutes ago, EPV said:

    Are clutches not wear and tear items then? Even mr clutch only give a 12,000 mile warranty on clutches, if the punter has done 10,000 miles in a few months, why would you replace one under CRA? 

    I don't think this is a mr.clutch job either. This gearbox is shite, I would never buy one again, however you cant fuck the customer off with "wear and tear mate, jog on fella" as the clutch is not operated by the customer, but the car. The car has done 57,000 miles and to expect the customer to shell out well over a grand 2 months down the line because the gearbox won't engage is bullshit. 

  21. Posted

    Just now, sparky said:

    It will be the actuater. There are not many french things I won't buy but these are on my death list, unless cheap. Shame because the sell well.

    Well, the actuator would be a cheaper and easier fix than the clutch. I had to replace the clutch on a Peugeot 3008, after messing around with actuators/fluid. If it's the clutch then I'd imagine it's also a dmf and slave replacement as Well........ Unless your first name is arfur..... It was an expensive fix If I remember.

  23. Posted

    1 hour ago, trade vet said:

    I would inform the punter and own up to your cock up.I would offer a full refund or a better car for the same money to make up for their time,trouble and disappointment.If you insist they collect the car against their wishes,you are asking for trouble.....

    But it's not a cockup, is it? it's a failed brand release bearing! If they want a refund, give it to them, if not carry on with the repair/sale.

  24. Posted · Edited by MSP Motors
    A

    If the radio/nav stop working, most probably it will be the CCC. I think the AC is also controlled through the CCC, but id have to double check (I've got a CCC out of the car at the moment awaiting to be sent off). 

    If you have CCC failure many things will stop working, although that won't be the gearbox issue. Could be a temp sensor tho. The fan could be running as the car has detected the gearbox is running hot (or it thinks it is due to a faulty sensor) or the car reverts to running the fan when it detects an issue.

  25. Posted

    44 minutes ago, EPV said:

    2004 BMW 545i tourer, 94,000 Miles. Car was driven down from Yorkshire a month ago with no issues, and has been fine until.....

    On a test drive the tyre pressure warning light went on. Checked all tyres which were fine, reset the system, all was well. Customer bought car. 

    6 hours after he bought it, he rang to say that he had a warning light go on regarding the transmission. Now this fella is a trainee mechanic so I said I was happy for him to check the status of the battery and to do nothing else and this is what he texted me;

     

    “Hi mate, it's Jay. So basically the issue is when the car is driven for a while or hard, some sort electrical gremlin pops up. So far, air con, radio/idrive has froze, cruise control doesnt work, fan kicks up high. Couple that with the transmission error and tyre pressure error from before. So I won't change anything including the battery and let your garage check it. As i said, only happens when the car is up to temp and driven for a while.”

    Fortunately he’s not a screamer and is realistic about cars and how they can go wrong. He’s bringing it back today to me and I’m going to get it into my regular garage and see what they can find out. 

    I know nowt about cars, anyone got any ideas what it could be? 

    Radio/nav/air con sounds like CCC issue. A friend of mine just had gearbox issue that sounds the same, drove the car for 4 hours then got transmission fault. He ended up changing the box.

    The CCC is a really simple repair, there's a thread on here, the transmission could be sensor/oil or something worse. Good luck and keep us posted.