Tadams
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Posts posted by Tadams
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11 hours ago, TangoVictor32 said:How much do you get?
The letter is a bit blurry but am i right in saying they want you to pay them to use their finance?
£325 +VAT a deal and then if you do 5 or more it goes up and 10 or more it goes up again etc..
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Is a tough one.. customers aren't everywhere at the moment so we have signed up and have been for a while as it certainly helps keeps the stock moving BUT it is usually the stock we would shift anyway that the enquirers come in on.
We do all our finance through them now though as they pay upwards of £350 on every deal and we wont be affected by the changes with rates and comms payments next year as they decide all the rates for the customer and our commission doesn't change regardless. -
There certain banks and lenders that can help you out i believe, its called "Murabaha" where the lender buys the product and then sells it to the customer at a price above what was originally paid.
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valve clearances will cause knock sensor issues especially on these K20's.
Worth checking for sure
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Cannon 1500D - perfect all-rounder, changeable lenses if required and wifi enabled so super simple to get the photos on your phone or laptop
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Best of luck in your new business venture
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1 minute ago, Rory RSC said:David isn't daft.
We don't deal with any external brokers, if you want one of our cars you can buy it from me, through my finance companies and let me earn the commission. We charge fair rates usually saving the customer money on their quote. We get paid more, the customer gets a better deal. Plusand the big plus its time saved, zuto / cf247 etc etc all take time to do the deals with. Its never quicker than just dealing with your own lenders and broker.
You pay them £90 / £180 a deal but once you start seeing a bit of finance commission and make the amount we make per month on it its worth a hell of a lot of money to us as a business and worth protecting.
Organic customers yes I agree but customers we never would have had without them, it's a small win to pinch the deal as it certainly doesn't last very long (we tried
) and we got taken off their search and no more customers.
We still sell our finance through prime lenders but stuff that falls out of them goes to Zuto to broker and we still see decent comms for those deals.Wasnt calling anyone daft so apologies if that's how it read, the beauty of the industry I guess that everyone does things differently.
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2 hours ago, David Horgan said:Never give us commission even after me asking why not , I spend my life converting customers to our finance firms .
Probably annoys them somewhat but its my car i'm selling so i sell it how i like to who i like when i like . When they try and charge me its a dead deal for them as far as I'm concerned .
Had some scarce types of low mileage stock and Zuto /24'7 have tried to deal their customers into them . Think I'm letting them sell them to their customers they have another think coming , Close , Blue and Moto Novo cars and nothing else , Zuto do squirm when i say no haha
Baffled.. such a narrow-minded approach to sales in my eyes.
Why wouldn't you want a relationship with companies that have endless amounts of pre-approved customers who are ready to buy? I'm not sure about others but we are in the market of selling cars, as much as people may not like it brokers help us to do that, quite easily and quite often at minimal cost, and yeh I'm sure they are devastated when you pull your 15 cars from the stock search
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They do
we get paid a lump sum of comms every month for the previous months deals we have sent them.
They don't give you anything if they have sent the customer to you though and sometimes charge us but the price they charge is the cheapest bit of advertising we do for a paid out deal so well pay it every time quite happily. £90 for a pre-approved customer ready to buy and all we have to do is show them around the car (if they even want to test drive) and send an invoice.
Far easier than skimming the crap inquiries that come via AT, Ebay etc..
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19 minutes ago, NOACROSS said:Zuto give commission? Quite respectable too I think -only done one deal with them so can’t remember how much it was
Another vote for Mallard. Nice people. Same with Zebra (Autobahn now)
We have done quite a few with them now, comms is dependent on lend amount but quite decent and the ease of it all is a bonus, send customer, send invoice .. await commission.
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Zuto are quite good for start up's if you fit their criteria.
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Morning All,
Not sure if anyone has ever dipped their toe before but we had an email a few weeks back in regards to an opportunity to get the company name on a race car, the series is quite a high profile one.
I guess it's hard to quantify a return of investment but i guess any exposure is good exposure ? Just wondered if anyone had done similar before and what they thought of it.
Cheers -
Just now, Mark101 said:I think we are saying the same thing
I think you may be rite
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There was a thread the other day about flaky customer's and people saying they will buy and then don't, but when the shoes on the other foot it's ok to agree a sale but then not go through with it if it works better for you BUT if it works better for the customer (they've found a cheaper, better spec'd car) then that's wrong ?? baffled by the thought process on this one to be honest !!
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Zuto is £150+VAT for anything non prime, prime stuff is tiered based on lend amount. 24/7 not sure... wouldn't work with them based on how they operate as a company.
Moto Novo we binned off when they moaned about the quality of cust we were sending them and it turned out to all be the crap customers of Fine And Fund My Car. -
They say never meet your favorite celerity... a meet up would shatter my complex visions of what people look like and i'm not sure i like the idea of that.... If @EPV doesn't actually look like Jim out of The Royal Family it would ruin this place for me !
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Hands down the best Mini Spares places, we have bought Shells from there before.
http://www.mintechspares.co.uk/ -
3 hours ago, umesh said:Absolutely ! Bought a car couple of weeks ago, customer had already told me there was finance on it- HPI no record - All clear, Hitachi Finance not registered interest on the vehicle so ask as well and hopefully you'll have a purchase invoice which the customer also signs to state such.
Hitachi do more personal loans than secured so may explain your issue there if the customer was confused about the product they had signed for, we get a a few folk in who say the car has finance but it turns out it was unsecured but they just presume as its a loan for the car it's recorded against it.
OP - We use Motor Check https://www.motorcheck.co.uk/ -
Zuto have a stock search but its only get access to it if you are an approved customer of theirs (this was explained to us in they way that they don'y use our stock to bate the customers in like 24/7 do, just show it them once they are approved and in a position to buy).
I think the £150+VAT is for any subprime deal and they pay up to 50% of total comms on prime deals you send them. -
You could have chucked a battery on for the poor sod if he's a regular customer of yours... they will just be twice as annoyed when it stops again in a week or two in this cold weather.
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On 1/5/2019 at 0:34 PM, Lucas said:Why buyer go to AT website? Because all of us are there. People visit AT just because we are there. Not because they like or trust AT. No! They actually have nothing to do with AT.
So, we and our stocks are the only things the buyer interested in. We can put these all together on the new platform, it will work.
This is where you are wrong.... and the mistake many men/women/robots have made before you.
Dealers go to Auto Trader as that is where the customers are not the other way round, i was hoping 2019 may be different but my god it's boring people moaning about Auto Trader !! If you don't see the benefit then don't use it, don't use it to sell your stock and keep you in a job and then moan about it.
Anyway's didn't you have 300k or something in November to invest into a dealer with someone ? there is your start up !
On 1/5/2019 at 2:38 PM, Lucas said:Take it easy mate. It won't have 3 million cars listing on it. AT has only 504K cars listing. And I think this could be very close to the total amount of stocks in the market because most of the stocks already listed on it no matter big traders or door steppers.
So, you will be found when the buyer using a filter to narrow their choices.
Furthermore, if pay makes better, then we could also set up some pay feature listing to who want to pay like you. So you can standout by pay for it. Just a thought to answer your question.
No mate. But my personal suggestion for friends is that eat healthily, do exercise, and sleep early. Just try your best to a minimum need of NHS service as little as possible.
So what your suggesting here is a standard fee BUT if you want your stock to stand out more than the other then you pay for it ... ? So just the same as AutoTarder then ? haha this is gold.On 1/5/2019 at 0:14 PM, Lucas said:The key is that it needs a lot of us to join together. Why not have a try? We just feel tire every ad site charging crazy money. So, if a free platform can even generate a little traffic to our website will be worth to try. Nothing to lose. This is a fun project for all of us to do together.
It's also not free.. who pays for the admin work, who maintains the site, who deals with issues, who buys the domain ?
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When the chocolate in your choc dips is too tough, and when you dip your stick in it break's off and then you have to use your fingers to fish it out again !!
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1 hour ago, trade vet said:Hi Tadams,
You may think it is crap,but Car Giant sell 1000 cars per week from one site,produce descent profits year in year out.How good is that,can you imagine the volume of headaches.I may be wrong,but I think it is the biggest used car pitch in the world.
Hey,
Not knocking their business model at all its a cracking one, I've been down a couple of times and the sites never ending... some say you can see it from space on a clear day (disclaimer i'm not sure if that's true
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Personally i think its a load of crap and regardless of how you spin it none of it of treating customers/traders fairly.
You do less work if a customers takes 3rd party finance as really all you need to do is generate an invoice, no proofs, no docs to sign, no legal scripts to cover so the only reason you charge a higher fee is your being pissy about no being able to sell a customer into your finance and you've been beaten on the rate or by someone who can sell better then you.
They are just fees to generate question's
"so if i take your finance and not 24/7 then my admin fee is less ??"
"yes Mr customer let me get you a quote"
customer thinks they are saving money but still get slapped with a GAP and extended warranty.
New year same shit ...-
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Zuto Trusted Dealer
in General Dealer Chat
Posted
They charge £75 +VAT for any customer they send us that goes on to pay out (paid by Direct Debit) and they give us £325+ VAT for any customer we send them that pays out but the more we send them the more we earn per deal but that £75+VAT they charge us never changes regardless of the amount we do.