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Content Count
1981 -
Joined
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Last visited
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Days Won
103
Everything posted by David Horgan
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Will the used car prices crash or is this the new Norm?
David Horgan replied to asj09's topic in General Dealer Chat
if the mkt crashes it will wipe out lots of traders , cant see that happening . Enough are going to the wall now with cash flow problems , We are working hard to UP with the increase prices , Earn 2k on a car now and you need that same 2k to buy the same stock , hence not made money . So we are at the point were we CANT go backwards or its bye bye traders . my guess this is the new norm , get used to it , Hope it stays this way for all our sakes -
Nothing has to have a warranty on at all legally , Our choice to offer warranty , I sell warranties to earn money Warranty is a selling point to make sure people feel good . PX is either a stock car we sell as normal or a trade car we don't want to sell , or scrapper CRA applies to anything we sell , Trade sales don't have warranty and the CRA doesn't apply either trade to trade .
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1996 Toyota Celica ST 1.8 ... price to sell?!
David Horgan replied to hardus77's topic in General Dealer Chat
God sake , Go away -
Sell lots of finance , they will listen to numbers
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gearbox failed after customer changed his own clutch
David Horgan replied to Glevum's topic in General Dealer Chat
3rd party work on the car , not for the dealer is that one , tell him to see the garage who did the clutch -
Bca not stocking enough stock? Prices rising?
David Horgan replied to TM1989's topic in General Dealer Chat
Exactly whats happening , all the prime stuff is going to Cinch as and when needed , We as independents are effectively now buying from a retailer called BCA/Cinch who are one . Quite a few vendors have given BCA notice to quit their contracts , stating they wont deal with competitors who are retailers . Notts BCA is now a CINCH site , never again will it be an Auction again , It usually has 4,000 cars on site but last week only housed 900 so low supply and BCA diverting stock to the CINCH cause has depleted stocks very aggressively. -
quite a bloody lot on here at present .
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Plus 1 , agree with Blenheim basics of the job , specially now . CAP is wrong , Glasses are Wrong , Autotrader is wrong 50/50 % Feeling in the fingers right now and profit back is the only way , research the stock prices add 10% to 25% and get your wallet out . Knowing the job has never been as crucial as it is right now . hesitate and burn , dip you leg in and burn , either way its crucial you look at the prices . Good luck
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I will say it again , and again , be careful . there's a catch somewhere I ask myself , how can anyone lend 8 k for 2 months at £57.60 . What happens when you don't meet 2;1 ratio How much does a 90 day extension cost get them in your office and be brutal honest with them ,
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They all have the hidden agendas my friend , hidden cost and expectations Some will lend at 2% BUT there is expectations on your head to turn business OR the rate will go up substantially . Be careful is my advice But I'm old school .
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Fuji film fine pix S , Fixed Lens 24x zoom , DSR they are called , one down from SLR . Brilliant pictures , mainly took on Auto but does have man Macro function for small areas . Cheaper than SLR and they are great for what use them for , mines 10 years old and took multi 10,000's of pictures , still going strong
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Resale of new Landcruisers is banned by Toyota..
David Horgan replied to Halfpenny's topic in General Dealer Chat
haha , yes mr taliban we can machine guns posts to that order for you . Been some back hand deals somewhere in the world hasn't there to get as many Hilux 4x4 's that they have , like a constant Toyota advert on the news , Certainly been some dodgy deals or maybe its a case of Sell me Hilux or I'll make you disappear . -
Parking notice - can I give customer deatils out?
David Horgan replied to BIGNIT's topic in General Dealer Chat
My god will they ever give in -
new idea back in that day , worked pretty well , but everyone got on a band wagon ride since and ruined it all , split stock everywhere , dodgy selling of privates cars , hitting bids up , not being honest on descriptions , by the time they all charged a monthly fee to login looking for cars that frankly weren't there is was doomed . Auto trader ruined the Trade Mail when they got greedy , As you say powerful in its day ,
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Sink , Bucket , Toilet , drain , Hedge , Grass , Sorry had to be pointed out . Face book warrior sells anything we have really that we don't want . Buying is hard as you know , depends what you sell too . Auctions sell at retail prices plus fees . main dealers are who you know not what you know . Any other selling site is a joke , We buy any car gives public prices that's pretty high so PX is challenging then that little twat jumping about saying sell here and get a discount is trying my patience . Privates are liars plus traveling round the UK is unfeasible looking at junk on peoples drives . Not easy job at the moment
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Are Ford fusions good sellers?
David Horgan replied to KT Motor Services LTD's topic in General Dealer Chat
You've got it now Just sell it , car for every person somewhere -
If the car is in trade they will find you . i had a NIP come once when out on test drive , came to us because the car was registered in trade under our name , quoted the reg too not the trade Plate number
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just watched an i10 make 1k above book , had a customer for it and BCA want more than i can buy one off AT retail for Bet the little beggar comes back , Just rang BCA to ask if its sold , apparently its got a provisional bid on it so might appear back "YEA ooh look flying pigs "
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looks like you have been cloned Chan write into the Camera enforcement team and explain that the car is first a sales car and has not left London , certainly hasnt been near Doncaster , good way is send invoice of purchase date showing mileage , then a dated picture now showing similar mileage two months later , proof its not been 250 miles north to Doncaster , Also ask for their pictures to prove it was you and your car , half the time their pictures will be different to your car , colour , side mirrors , grilles , person driving
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Pleased it all amused you for 16 months . Now get out and do some work and STOP sending SCAM links .
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Running bids off the wall has been going for ever as we all know . Its not an illegal practise to run bids up , BUT only to reserve , after reserve its a free mkt , the problem we have of course is WHO sets the reserve price , BCA or the Vendor . If you look at the CAP price on one car SAY a Ford Fiesta Zetec S 15 plate 35,000 miles , find one on one vendor and the same car on another vendor and CAP is weirdly a different price . Plus both are different to my CAP live valuation listings, amazing hey . Not only do all auction fiddle the Reserves , They also fiddle CAP prices too .
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I had this the other way round last Thursday Guy rings me , Q Do you buy cars , What have you got ? Tesla 3 19 plate 8,000 miles . Few questions were he stuttered on the answers revealed he was selling it for a friend . Ok so i need ID from you ID from the owner , Proof of ownership eg V5 in his name and a utility bill , preferably him here in person too . hes an airline pilot flying all over the world he cant come , cant send a UK driver licence and lives in another country Not for me i say bye , 5pm same day he rings back to thank me for waking him up , He had the car , No V5 , one key , was asked to sell it for he mates mate mate who's the luckiest airline pilot ever and he had realised it was a con , Tesla was nicked , he off loaded it when he went through the questions i asked and freaked . He off loaded it to the nearest police station , The alarm bells went when i told him £15,000 for a 19 plate tesla was less than half it value . He admitted to me that anything over 10 k was his . Lucky guy and in the end was honest . The old adage if its to good to be true its usually to good to be true .
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Three rules to selling cars mechanical PREP SERVICE the entire car to an inch of its life Body PREP inc Inside . Warranty is not stopping you selling cars , Also think of warranty this way . YOU NEED TO SELL it , OK not GIVE IT AWAY as 3 sales a month with free warranty = £140 x3 = £420 x 12 Months = £5,040 a year down the drain .
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Young guy PX his car , Just arrived from 120miles away
David Horgan replied to David Horgan's topic in General Dealer Chat
Its health and safety at fault . Fences round this , Signs up for that , Don't walk here or there , Cant climb trees , Cant climb ladders , Cant pick weights up , Must wear hard hats , Put gloves on , Ear defenders on for hoovering the lounge and a thousand rules that we grew up without So all these PC restrictions save the lives of all the idiots and brainless wallies that would otherwise of perished years ago aged 16 ish wandering about aimlessly in life getting squashed and falling off cliffs etc . These people have now had kids , this is the problem as these kids were born stupid , been bought up stupid , and are among us in society breathing oxygen and getting confused about all sorts of things we knew about years ago growing up , Health and safety is at fault i tell you , its allowed fools to breed , we are now feeling the effect .