Jimbo
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Posts posted by Jimbo
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Never done it myself. Always buy elsewhere but constantly tempted to try auctions.
Im from the south east. Is there some better than others?
i take it you cant test drive so how do you know it doesnt smoke, misfire, overheat, select all gears, clutch doesnt slip etc?
then there is purely online auctions where you dont even see the car in person. Risky?
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Still cant see where the profit is especially with the kind of overheads they all must have!!!
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Would like to know this also.
Where do the bigger guys get their stock from which is all very decent
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Do most people source their stock from private sellers then?
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23 minutes ago, Beautiful South Martin said:Jimbo
If you send me your email I'll send you a copy of the form I use, not lawgistics, and you can use it as a master copy. I has all this information on it.
Very kind, have sent a pm thanks
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Very true.
But then if we cant buy from dealerships and the auctions are too high where the hell do we go for stock!!!
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28 minutes ago, met said:I wondered if it was a case of quality p/x's just don't exist period.
I've recently started using my BCA account after a lapse. The journey from blue to gold is a painful expensive one.
If quality p/x’s dont exist where are we going to all buy our stock :-(
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1 hour ago, Arfur Dealy said:Lawgistics purchase receipts state clearly the buyer confirms they understand it is their responsibility to return in the event of a claim. Irrespective of distance, it is their responsibility to return in the event of a CRA claim. You can allow a remote goodwill repair which if worded correctly will not count as the (one chance right to repair). That's why you need to judge each claim as per its merit / risk / worth / pain in the assness. Is assness a word.... ?
BTW, my 4 year old asked me today why hail (hailstones) is called hail ? Answers please....
Interesting thanks. My reciepts dont state that nor have space to write it.
I’ll look online for a lawgistics reicept pad
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Only just got mine thro last week. Previous expired dec. They said as long as u sent the forms off keep using the plates as they had a big backlog
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19 hours ago, A & S said:We handover the cars to customers as best order as possible. There will always be comebacks, you have to keep the customer tame because of their rights (in particular the first 30 days) we always ask them to bring the car back so we can sort it out for them, once we got a customer to bring back a VW Sharan, the guy had to do about 200 mile round trip. We offered him to get it repaired an his local garage, he came back with a huge estimate (turbo related issue) so we got him to bring it back, we put him in a hire car which was more economical for us than get his local garage to repair and we pay the bill. Put the car into our local VW Specialist they cleaned the turbo put it back together...perfect we got it fixed a fraction of the price including car hire costs for a week. Always try to help as long as they don't take the michael...
So if you had a long distance customer take a fault to their local garage you can never be quite sure the quote is legit and just for the issue they have stated.
Are you within your rights to decline their garage quote and insist they bring it back to be accessed by your trusted garage?
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have a couple of great contacts but hearing from locals moans of dealers changing rules and prices shooting up on the part ex stuff they get offered.
Always wondered where the really nice established retailers selling £5k-£20k stock of around 20 cars manage to get their stock. Surely not at auctions anymore with prices currently at the block
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Ive noticed im having to spend above cap clean to buy currently.
I cant see how theres any money left in any of the deals. Cars arent making cap retail at the moment (for us anyway) so how the hell do people buy at almost retail price and sell on for profit
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Good advice
i think a good PDi is very useful.
Was just thinking if someone drove home 100-200+ miles and says somethings not right then your at their mercy and whatever local garage they take it to. Possibly ending up with a massive quote from them and too far to get the car back.
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Last year had just a couple situations where a client bought a car and called on the way home or once home to ask/complain about certain little things like blowers not working or heated screen or rear wipers etc. These small things funnily enough all turned out to be ok once they spent the day getting used to the car/control etc.
Was a relief as these cars had so little profit in as it was!!
Got me wondering though what do you guys do if people call with complaints. Ones that live too far to take the car back and check over yourselves?
things like a knocking noise or rattle or misc mechanical flaws?
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1 hour ago, RH Trading said:Not used CAP for at least 3 years now, never accurate and adds more confusion than anything else, trade guides are always a guesstimate no matter who provides them. I look at how much I can sell the car for and knock off my costs and margin - that's my trade price, going off trade guides like CAP destroys my profit. throw them all in the bin
I agree this is the best way, but my point above remains in that when you look how much you can sell a car for, the prices on AT are just an advertised price - doesnt actually mean anyone will sell one at that rate
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1 hour ago, Arfur Dealy said:Exactly, the black book used to be clean + £500 for extras like leather & Satnav. You don't see that in the valuations, each car I bid on I do a quick search within 100 miles to see the competition then retail back to my max bid, I stick to it religiously....
Prob is when we do that we’re effectively seeing an “advertised” price on AT. Not so much a “sold” price.
A car on AT @ £8k doesnt always mean its worth £8k as a sale ive found
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Only issue seems buying in costs more than cap clean and often selling price gets less than cap retail ..... squeeeeeeze
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Finding it harder and harder to buy decent stock at cap average prices to leave enough to build in a worthwile profit.
Seemingly now its more cap clean and over for most stock.
Were in the south east. Is this normal across the board?!
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Anyone see any trends currently.
Ours is a bit mixed.
Regular easy sellers like Yaris etc sticking around and previous tricky ones like BMW X3 flying out.
How you guys finding it?
what do you consider as the “gems” in terms of easy sellers with lots of interest? And what do you say are the “non-movers”?
for us, Jeep’s are awful but things like MPV’s seem popular!!
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Cant you add 2.5% as your own admin fee rather than a credit card fee
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Anyone accept paypal for car sales? I’ve heard some people absolutely refuse paypal.
Then again some say card payments also leave you very vunerable.
Any views?
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3 hours ago, Arfur Dealy said:Well I'm finally in my first unit...... Its got more space that I thought
Looks brilliant mate well done. May i ask, how long did it take you to build up to such a nice array of good cars in stock? Did you always follow your current sales method with the videos?
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2 hours ago, Wheelerdealer1 said:I have a guy that buys these sorts of cars from me, happy to forward the details, he is reliable and quick to collect
Many thanks. Is this local to us ?
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13 hours ago, pmpants said:There's a coupe or guys I know well Jimbo who are close to us that buy the real cheap stuff, if you're happy to send me details and brief description I'll always forward them on to them. I couldn't say they'd buy everything you offer, but hopefully they could help. Remember we'll always try to give a good bid for nicer older (so anything from the beginning of time to say 2011) Japanese, Ford and Vauxhall if it doesn't fit your stocking policy.
Thanks pm sent
Buying from Auction houses and online
in General Dealer Chat
Posted
Yes im interested in dealer auction. Can you drill down to specific areas?
Again, no test drives etc?
Is it basically ebay for traders?