Arfur Dealy

Well I've just taken a deposit on my current longest in stock purchased 15-05-17. A Audi 60 plate A6 3.0 tdi Quattro SE Saloon. I must keep reminding myself, stick to estates, stick to estates, stick to estates...... Still took a £300 profit though ....

Zilch so far

There’s money in those bangers, it’s very rare I actually scrap a car (only 1 last year). I just do a brutally honest video appraisal with an intro stating no idiots / Trade disposal. As long as you are not greedy they usually sell within a week. I also get payment upfront to ensure no messing. The last one I did was last week, a battered 2005 d4d Verso 150k which owed me £300, sold to a for £1200. Easy money

TV, the internet and BIN online is the way I see the future of car sales.. Make the purchase simple and offer complete and utter guarantees. Im going down this route, customer FB keeps telling me this way to go....

I always sit on my cars until their sold, if I have bought it I stand by it. My approach teaches me desirability and sale ability because this trade is so fickle you have to constantly change.

Finished the year really strong with 10 cars sold from the 21st to the 30th. Historically, for me its always a busy time, January is usually really good aswell but not a sniff as yet.....

To buy Trade insurance you need proof you are a genuine Motor Trader with purchase invoices & receipts. Gone are the days of buying a policy without genuine proof.

Definitely go down the repair route if possible. Otherwise, any mileage correction (man in a van) will be able to alter an ECU to your requirements.

TV, "Retail Back" is a AT term derived from Retail Check ......Essentially, AT have given the pricing backwards strategy a name to what we have been doing for years anyway.

I always ask for their bottom line. Sometimes it’s much less than you expected, I also always ask if they have got a “we buy any car” value.

ASP, you are doing the right thing, it’s called “retail back”. It’s standard practice, simply look at your local competition and price accordingly.

Re chain I call them (strings). They can go on for 5/6 cars, after the 1st deal the car owes you no money, it’s profit all the way. Spreading the risk is wise advice. You don’t already know your market, you’ll need to learn it....

To be fair, the lowballers come from all cultures. The generic trend is they are all morons. However, I can confirm when I used to auction cars on eBay 60% on my auctions were ruined by bidders who had no intent on purchasing, of those wasters 90% had Asian names. I used to dread a foreign name as a winning bidder....

To all my friends on this forum I hope you and your families have a great new year and very prosperous 2018. Cheers to you all Simon

Happy New Year !!

5k cars will usually yield 1-2k. The Merc might sell immediately or it might sit around for 6 months or more depreciating @ £300 a month..... If it was as simple as you think we would all be doing the same. Don't buy cars just for vanity, you will get sick of seeing your 20k sat there doing absolutely nothing for you, when you have had numerous £500 PX's which you have flipped for £1500 in a few days, you will then appreciate you might not want 20k sat in a car which is waiting for a 20k cash buyer (not many of those around).

I'm with you... I would be looking at 4/5 cars to spread the risk and maximise the profit, of course you have to know your market but for me when I invest 20k I'm looking for al ot more return that 3k, especially after Mr VAT man takes his 20%.

Please accept my apologies from the sunny SouthWest, BTW another 2 sold today that's 9 in 9 days.......I'm down to 13 advertised.......

Moron. Real mechanics know exactly what to look for. I can tell a charade straight away and I let them know, I know its a farce.

It’s crazy down hear, I’ve done 7 in the last 8 days

TV, it was a bit like that on the early days of ebay, I was there at the start with cars, it was the first net medium where you could write a proper description and be honest and upfront.... Sixteen years later classified ads is the only way.

I also can’t see that, with Brexit looming this country needs to attract investment by business and business needs long term stability.

Show plates with your business website and logo looks good imo. A genuinely interested customer will call for more information, you can then sell yourself and the car to them

Never on my First and most important lesson, don't piss off the neighbour's. Second lesson, don't advertise your cars with the registration. 3rd etc, don't take the piss by parking outside someones house, keep changing where you park and rotate every 2/3 days. Be discrete and park every car in excess of 500m of each other.

Time off.....how very dare you....... I sold a car on Christmas day