David Horgan

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Posts posted by David Horgan

  1. Posted

    Sent four back in two weeks .

    last one was a disaster , turbo , clutch , EML lights , Thermostat leaks , missing key , went back thru BCA with no report this time "sold as seen " how you can says sold as seen when we are not allowed on site is theft . 

    Some poor sods bought it , needs £3 k spend on a £8k car not including painting all four wheels and front bumper that was smashed on the lorry .

    Still sold as seen makes it OK even though we cant look . 

     

     

    • Like 1

  2. Posted

    2 hours ago, asj09 said:

    Hi All

    What do we think will happen once the used car market settles down to the new norm?

    Will there be a big crash resetting the prices to how they SHOULD be? Or will this be the new normal?

    For example... car worth £16k in Jan-21, now worth £20k... Normal market the car would be worth £15k now. 

    once the market settles will the price come down from £20k to £15k? or will £20k be the new price and normal depreciate starts from there?

     

    thanks!

    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 

     

  3. Posted

    22 hours ago, LSP Vehicles said:

    Hi all, 

    Hope everyone is doing well.

    Had a question regarding part x's that we sell on. Are they also subject to warranty, (even if the min 3 month term)? We provide warranty with all our vehicles, it's just that I often seen vehicles being sold stating they are a part x. Was just wondering if there was any specific reason anyone would call out it was a partx?

    Thanks

    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 . 

  6. Posted

    53 minutes ago, Glevum said:

    We sold a 10 year old Berlingo with 55k 3 months ago and the customer just phoned stating that his gearbox wont go into 2nd or 3rd gear.

    He said that after 2 weeks from when he bought it he got a mechanic to change the clutch  (he never contacted us about this) saying he didn't think a clutch was covered as its a wear and tear item.

    Where do I stand as the gearbox obviously had to be removed when his mechanic changed the clutch? He may not have refilled it with the proper gearbox oil and may not have replaced it with the control linkages properly.

    The customer wants us to repair it now.

     

    3rd party work on the car , not for the dealer is that one , tell him to see the garage who did the clutch 

  7. Posted · Edited by David Horgan

    13 hours ago, TRADE SURVIVOR said:

    BCA I think will be diverting the premium stock from webuyany car to Cinch.

    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.

     

    • Like 1

  9. Posted

    5 hours ago, Blenheim Car Sales said:

    It is not Legwork.............................  its the basics of the job, Failure to do this is  Failure to make any money

    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 

  10. Posted

    19 hours ago, SAC said:
    • Facility                                              APAK
    • Amount                                            £50,000
    • Interest rate                                    4%
    • LTV                                                     80%
    • Bonnet Fee                                      £20.00
    • Settlement fee                                £0
    • Age of cars                                       Up to 10 years
    • Max Mileage                                   up to 100,000
    • Term of funding                              90 days – extensions provided if needed

     

    RECIPROCAL TARGET = 2:1 RATIO             So for your 50K we would only expect £100,000 back for the year and this equates to £8500 per month.

     

    So if you bought a 10K car at auction we would fund 80% of this over 60 days and you would pay:

     

    • Interest -             £42.60
    • Loading Fee -     £20.00
    • Total -                   £57.60

    this is what i have been offered 

    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 , 

     

  13. Posted

    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 

     

  14. Posted

    5 minutes ago, metcars said:

    So, is the bed mounted weapon factory option or dealer fit?

    haha , yes mr taliban we can machine guns posts to that order for you . 

    On 8/20/2021 at 2:11 PM, Halfpenny said:

    https://qz.com/2047652/toyota-seemed-to-know-that-the-taliban-would-take-kabul/?fbclid=IwAR3mjaNr-5Ee0bO-sbTN_IWsSrGlgVWdYFAXiP7ViHzomcJ9ws7rXngLUCk

     

    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 .

  16. Posted

    14 hours ago, Webuycars said:

    I get what you are saying . I was surprised to see Autotrademail not functioning after it was such a powerful portal back in the day . 

    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 , 

  17. Posted

    2 hours ago, Webuycars said:

    sick

    Sink , Bucket , Toilet , drain , Hedge , Grass , :o

    Sorry had to be pointed out . 

    2 hours ago, Webuycars said:

    Hi Guys , just revisiting this old thread from 2019 and wondered what people are using at the moment for sick procurement and disposal ? 

     

    Cheers 

    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 :angry: . Privates are liars plus traveling round the UK is unfeasible looking at junk on peoples drives .

    Not easy job at the moment 

  18. Posted

    20 hours ago, KT Motor Services LTD said:

    Just bought a Ford Fusion from Manheim. I don’t know if it was a big mistake! Are they good sellers? If you’ve had one how long have they typically taken to sell?

    You've got it now 

    Just sell it , car for every person somewhere 

  19. Posted

    8 hours ago, Martin F said:

    If he is not the registered keeper, then how have they found his details?

    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 

  20. Posted

    3 hours ago, BHM said:

    :lol: They’re running the knickers off everything.

    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 :o 

    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 "

    • Like 1

  21. Posted

    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 

     

  23. Posted

    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 . 

     

    • Like 1
    • Thanks 1

  24. Posted

    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 :blink:

    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 .

  25. Posted

    On 7/29/2021 at 3:21 PM, Lambchop said:

    Thanks Matt , ye good point prob worth paying for a warranty just to push through the sale , give them someone else to ring before me complaining .And if I have to pay for the repairs it’s hard luck . 

    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 .