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Everything posted by MattS

  1. Hi, can anyone help? having a bit of a issue May be a simple answer to it all and I've been overlooking it. Looking to trade part time on my days off from my other job, with having 0 experience and under 25 i have been looking at traders insurance but its expensive for someone in my circumstances, anyone got any idea's how I can get the cars from the auctions home at a relatively small/reasonable cost? or is the solution just to insure every car separately on a short term insurance? any helps appreciated.
  2. Sorry trade vet, I'm not sure I have pitched this over to you correctly, I'm not currently a broker or sell cars, bottom line is just someone with a interest looking for a new career, looking for info about how it works, whats needed, how things work etc, apologies if I have came across as something else. Im at that point where Ive never sold a car for profit in my life, everyone was there at one point weren't they? my next step get into touch with some dealers, workshop owners I know try and get some info from them, but thought id start on this forum Thanks Matt
  3. Your right, I agree myself. Im not sure if you've ever been made redundant but this is my second time, however when your hobby is finding cars for your mates and trying to get them the best deal possible, you have a strong network of people around you for example 2 friends that are a mechanic, 1 an account, and 2 salesmen, I'm taking this learning curve with a pinch of salt but I am sick of working for other people and want to be my own boss, my idea is just turning something I enjoy doing into a business. Cheers Matt
  4. Honestly, thanks for the reply I can appreciate the honesty, so out of curiosity? how are these car leasing companies offering lease deals and pop i.e 500 down 330pm on half decent cars making money? cheers Matt Honestly, thanks for the reply I can appreciate the honesty, same question to you so out of curiosity? how are these car leasing companies offering lease deals and pop i.e 500 down 330pm on half decent cars making money? cheers Matt HI mate, thanks for the comprehensive reply its really appreciated, like I said I'm trying to do all the digging and info finding I can before I make a decision on wether this is for me or not from this forum I'm really just taking all the information I can get and putting it all together to see how it works from source to sale and see if there is a way I can be a little bit different which is going to be deal breaker. I'm sat in a fairly lucky position at the moment to have a few months to consider it Cheers Matt
  5. Mojo.. Genuinely thanks for the reply I haven't looked at it this way before. Ill take this and put it with all the other information I have gathered. Cheers Matt
  6. could not agree more with the questions you asked, if I was a customer thats exactly what I would be thinking.. what I am looking for through this thread is the how can I explain "transition of sale" from, me either finding a car or advertising a car with a finance example (still haven't got round how you would do that) all the way through to seller -> broker -> dealer -> car delivered to customer! I do not mean to sound ignorant or rude or abrupt when I say this but I would not really want to disclose the reasons I would be different from other dealers on a dealer forum if you get me? thanks for the replies guys, keep going. Matt Thanks Max, Yes this was what I was thinking the bread and butter market requires a lot of work and small margins, Im not expecting mega money from sales but enough to make it worth it. Prestige cars is something I would like to go into, contacts and relationships are something i'm going to get into, like that saying Rome wasn't built in a day, I am realistic at times thanks for the questions, adding them to the list of things to work out.
  7. Yeah sort of the same concept I'm looking for, call me dillusional but what I am trying to do is have a client base through advertising and various routes I have thought of, I find people the cars they want and offer them how much its going to be, if they then buy it i would take commission by introducing the buyer to the seller and that is the bit I want info on is how people make commission through finding other people cars? do you get my train of thought ha? I have been sending myself in a ball of confusion trying to work it out or if its even a thing...
  8. Hi all, Before I start I would just like you to know I am ready for a absolute grilling, I know what your thinking here comes another person wanting to do car brokering and thinks it will just take off and make money instantly. Got a small redundancy payout and want to do my own thing, Ive came to this page for some advice or a contact or anything really? I am really interested in looking to start my own car brokering business and have spent hours looking into how it works online etc but seem to not really find the info I'm looking for. What I am looking for is information or a crash course in brokering one might call it, I want to start my own business however I need to know all the information first before I even begin to take something like this on, it might not even be for me. I seem to understand you have to have your own business be regulated by the FCA and BVRLA before you have any legal credibility. Im looking for information about the whole cycle from; advertising/getting a enquiry all the way down to the car being in the owners hands and you taking commission? once I've got all this information I want to figure out a Unique selling point what I can offer if there is one Please any help would be appreciated, and yes I can take criticism on the chin. Thanks Matt