David Horgan

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Posts posted by David Horgan

  1. Posted

    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 . 

    • Like 1

  2. Posted

    16 hours ago, Asif32_@outlook.com said:

    Luckily i am buying cars at £1,500 below private sale price so still turning a healthy profit per car.

    You have nothing to concern you then really have you , Buy at prices lower than us , Sell for good money . Just keep buying private sales for £1,500 under and retail then for a good mark up .

    Stay away from Porsches and the like as it looks like you haemorrhage money on those types and you will be fine . Losing 2k on a Cayenne is suicide in this game  

  4. Posted

    19 minutes ago, Asif32_@outlook.com said:

    I can turn it into a dealership but if I still am getting private sale prices then what?

    Buy better , sell well . 

    learning that lesson  takes a while both ways if i'm honest , 

    I'm 40 years in and a dab hand at both in fact I'm pin sharp , but lessons along way took some remembering , it wont come to you next week or even next year my friend , but when it does your wallet will smile , till then you will run on empty for a while . Just like we all did . 

    Put the work in , have fun learning , it will come as you learn . 

    • Like 1

  6. Posted

    11 hours ago, Asif32_@outlook.com said:

    Why are all the answers on this forum always cocky

    Because you should have known the answer to your own question really .

     

    Private ; un loved filthy cars , scratches on paint , stained seats , missing bits , bald tyre , wheel scuffs , missing key , short MOT , needs Service , and fumigating . 

    How do i know this , because we get PX cars from privates and i haven't seen a good one in ten years . 

    Dealer ; Polished , prepped inside , seats carpets cleaned , Mats replaced , Serviced , Wheel scrapes repaired , warranted , New MOT , two keys , No obnoxious smells . 

    This Asif is called a JOB and done correctly it provides a great service supplying cars that people can buy and enjoy owning .

    So moral of this is .

    Private is a risk and unless your good at mechanics , deep cleaning cars , and traveling the country looking at scrap sold by liars , USE a garage instead .

    Now that's not cocky is it , just true :rolleyes:

    • Like 1
    • Thanks 1

  8. Posted

    On 7/15/2021 at 10:05 PM, Scooby who said:

    Just thought I'd missed out on something from meetings with my accountant. I have a tendency to listen attentively to sentences containing the word profit(s), get alarmed at any sentence containing the word(s) loss, and generally just day dream through the rest 

    best to dream through any thing accounts tell you , they are totally useless at running a business 

    The times accountants have told me i haven't earned anything , your losing money they say , I just think my god your stupid , you have no idea whats in the pipeline coming in as payments . If it was that easy to pick up a few papers and a book and advise how to earn money everyone would be made . 

    They are just able to put everything into HMRC without any effort from me , just leave me alone to earn a profit to pay wages including the accountant's and the HMRC guys too, who both think they know where profits come from but in reality wouldn't be able to survive  

     

     

  10. Posted

    19 hours ago, Rory RSC said:

    Why would the car dealer with stocking not sell for profit? Dont understand?

    Come across one or two that panic Rory , getting close to pay down day on such as Next Gear or having to maintain a target turn if funded by such as a major Finance Firm , they get into a circle of having to turn money over to maintain the level of borrowing at a low % , 

    Vicious circle of stress for no returns , seen one guy just give in and leave the job with it all folding in on him .

    Pleased we don't play those games 

  11. Posted

    10 hours ago, Scooby who said:

    This I need explained 

    You can buy cars that are VAT qualifying eg bought from new by a VAT registered businesses so VAT was claimed on the new car purchase , 

    When said car is then sold 2/3 years on it still can be VAT qualifying , so another VAT registered business could buy that car or it qualifies for VAT reclaim on export too. 

    BUT if Mr Private who is not VAT registered buys that car when its a used car , then it becomes a Margin VAT sale , Eg the VAT element is within the gross profit from that sale and then the car is no longer ever a VAT qualifying car . 

    If when new that same car was sold to Mr Private who we know is not VAT registered , then that car will never be VAT qualifying at all ever . 

     

    Is that what you wanted explaining Scooby ? 

     

  12. Posted

    BCA are planning opening up various sites on the evening sales I have heard via the grapevine , no time scales yet though ,

    Basically its heading towards the shite cars , cheap trade stuff that people want to look round . 

    90% will remain online sales only .

     

    • Like 1

  13. Posted

    3 hours ago, Screenman said:

    People buy on more than price alone, being cheapest is not often a good sign when I am buying.

    Chatting with a guy from Autotrader yesterday , he said the high price marker cars are getting the most actual interest and sales . 

    Low pricing is not how i see things . 

    • Like 1

  16. Posted

    1 hour ago, MattR said:

    The best advice as above is deciding who YOU want to sell to, NOT letting idiots BUY FROM YOU. Arseholes in all price categories but if you sense champagne taste on lemonade money, be blunt and suggest they shop elsewhere. And never put yourself in a position where you are desperate for anyones money. Because they can smell it. 

    Very True Matt ,wise words 

  17. Posted

    2 minutes ago, Noel_96 said:

    If I’m honest £2-5k is a lot of money to myself included.

    Not a bad crowd the £4/5 ,000 seem quite ordinary , not much expectations , usually a drive to work car or second car group 

    The 2k Crowd make me laugh , expecting a new car for what is effectively push bike  money , how very dare you sell that lot a car with used tyres :lol:.

    Takes all sorts and the best bit of Advice as BHM stated , SORT OUT the customers YOU want  , Not the other way round or nightmares will follow you . 

    • Like 1

  18. Posted

    19 hours ago, Halfpenny said:

    I agree that cheap cars means small profits. However I disagree that 'cheap greedy bastards' buy them. Most of the 'greedy bastards' I meet are not driving small cars!

    We are located near a big hospital and two universities and so get a lot of student nurses etc bringing in city cars for service and repair. They are generally perfectly decent customers. We treat all of our customers with respect and don't denigrate them based on their choice of car - a lot of people simply need cheap and reliable basic transport, nothing wrong with that. For a student etc the 108/C1/Aygo are a very sensible choice - solid Toyota mechanicals, Denso electrics etc - bit heavy on brakes and clutches but true of any city car.

    Our most difficult customers are the ones who break the bank to get into something flash but then have no cash for service and repair. Good example last week is the Evoque dragged in with bolts snapped on the rack assistance unit - JLR shite. We quoted and got authorisation to repair. Repair completed and he 'doesn't have money to pay for it this week!'.  Car is immobilised in the yard until he comes up with the money. These characters are always mouthy fat balding blokes - no idea what's wrong with the car but know its not going to cost much to fix. Sometimes its difficult to stay cool and professional. 

    We got one too pal , Audi S3 on finance , had his mirror smashed , Wanted it fitting and supplying , bill was eye storming £600 and now he cant pay :rolleyes: he knew the what the bill was , same as you its behind two cars now while he saves up, wanted us to stump the money up while he pays us weekly :blink: No sir weve already paid for it my friend now its down to you . 14 days or interst will accrue on a daily basis of 2% per day 

  19. Posted

    That's a pretty basic question my friend when starting out .

    There are a thousand different variables that will give multiple different answers to that question .

    Online sells , but will depend on which online platform you use for what car and which package of advertising you choose , to what car your selling at what price in which price range of car . 

    Pitches sell cars and walk ons are still a popular variable , but again depends what street , what town , appearance of pitch , reputation of your self . What car is popular round you and your competition. 

    Oh by the way don't sell your spanners you will be needing them to prep cars . or they will yoyo back to you very quickly . 

     

    All the best . 

     

  20. Posted

    20 hours ago, lisajohn said:

    TBH Autotrader reminds me of a GPA calculator online; I mean, it is very easy to use. You can easily find reliable results, just like in the calculator I have mentioned. Oh, I see you are facing trouble with its login. It might because of too many failed attempts. This error mostly occurs due to interruptions in the internet connection. Just check wifi and try after 5 to 10 minutes. I am sure it will work then.

    James had the problem nearly 5 years ago Lisajohn 

    Think hes fixed it now , well hope so anyway :o

  21. Posted

    1 hour ago, HuwD said:

    Hi all,

    After some help if possible. New to the trade and needing to be VAT registered. In the instance of purchasing cars, how would I register vehicles that have been bought within the trade from VAT registered dealers into the VAT margin scheme? 

    I have been purchasing from main franchise dealers largely for resale, and on purchase invoice sometimes it deducts VAT and others it does not which would obviously separate those which will reclaim and will claim on margin scheme.

    Is it possible for those that reclaim VAT as shows a split in invoice to be registered under the margin scheme or would full VAT be payable?

    Any advice appreciated, thanks all

     

     

     

    As Rory says 

    All used cars are Margin VAT when sold , 

    Two types of purchase exist when you buy the car from a dealer . 

    1 Its sold as a margin car so you don't and cant claim VAT on THE PURCHASE. 

    2 Its VAT Qualifying car you purchased , eg some bought it for business purposes and will show a VAT element on your invoice . You still don't claim VAT 

    Either way you dont claim any VAT and sell the cars as a normal sale .

    If you get a VAT qualifying car and another business wants to buy it , you can show the VAT element on your invoice to the customer so he can claim it back . That only happens on VAT qualifying stock . NOT Margin Stock 

    Any car can be sold on the Margin system . even VAT Qualifying cars . 

    This is where it is at mostly . 

    So you buy a car for £5,000 , Sell said car for £5,100 = Gross profit of £100 Minus margin VAT at 20% leaves you £83.33 net profit after Margin Vat 

    But you do claim VAT on any service parts , for that car which offsets the Margin VAT . 

    I hope you make a little more than the example of £100 by the way .:rolleyes:

    It does change with VANS as mostly they are sold on commercial basis which attracts a price + VAT when advertised unlike cars .

    If a van is not commercial eg bought by a none registered VAT customer when new , then it reverts to MARGIN sale as per cars when sold used .

     

    Hope that helps . 

     

  22. Posted · Edited by David Horgan

    Moto Novo 

    Blue Motor Finance 

    Close Brothers 

    All do campers , make quick decisions , pay commissions and have a great e click system, I did three deals on sat one with Blue two Moto Novo took 5 mins from start to accept , 5 mins e click and pay out email 30 sec later on each deal . .  

    Brokers are useful too as Rory says . Connected car finance will work campers , they also have their own Lending arm as well . But brokers do take longer to deal . I much prefer the main Finance Companies as speed is my aim . Campers maybe different though and the speed may not be a thing thats top of the list . 

    Close rep or Blue rep usually help out with the FCA application too if you ask them nicely.  

     

  23. Posted · Edited by David Horgan

    15 minutes ago, BHM said:

    Are these the same cnuts who email gormless questions at 3am on Facebook?

    That will be the same numptys  :rolleyes:

    seen this , is for sale ?       YES 

    D ya px ,        YES , nothing back EVER 

    Gtta Luger would you consider it as a deposit ,   LUGER ?       lol you mean a German wartime Pistol , Yea , NO my friend were not arms dealers . 

    Rolex ?    never did find out what he/she meant . 

    I have a list of 3 am twat questions :D

     

  24. Posted

    17 hours ago, TRADE SURVIVOR said:

    hopefully before the bubble bursts. 

    i cant see that bursting to tell the truth , it may slow down a little from rising at the rate it is , but bursting would cause mayhem in many fields , 

    Last week i put an average of 12k across our prices and sold 80% of them , I have never been as low on stock as we are now ,  

    cars are flying out , Stock is hard to find and buy , 

    New stuff is months behind which in turn causes a shortage anyway . 

    Onwards and upwards for a long time yet i'm thinking 

     

  25. Posted · Edited by David Horgan

    4 hours ago, solarcatone said:

    When fuel pumps brushes is bad, usually pump not work after parking( turn off ignition). Small knocking on the fuel tanks bottom sometimes helping( short time).
    Turning ignition switch on (don't start), fuel pump should be running 2-3 second. If that not happen, propably broblem is the pump and next inertia switch, ecm(ecu) or relay.  shareit vidmate apk  
    I changed pump to my first MK, but the problem was water in fuel too much(corrosive/rust)

    Think he may have fixed it by now , it was JUNE 2019 :lol:

    Or scrapped it :D

    • Haha 1