Nick M.K.

Aren't we all

With just over 100K on the clock and with that Grade 4 I am hopeful that their buyer will overlook it. It it was 95K and Grade 2-3 he'd be all over it. Near 50% judging by the NO V5 on the auction sticker but in the PCP era the other 50% are just PCP returns, some of them in almost retail condition and with all paperwork. A lot of BMW and JLR models in good colours, good spec and they have "any bid considered" attitude at the rostrum :-)

Covers almost every combination imaginable other than the much-loved petrol :-)

I think this is good value if it can be bought for under £11K depending on why the low grade 4 (not in Black Horse): MERCEDES-BENZ C300 H 2.1 SPORT Saloon, 4 doors, Auto/Manual Mode, Diesel/Electric, 102,771 miles, Warranted, VAT Type: VAT Margin, Registration Date 26/11/2015, Grade: 4

I am going through the auction catalogue for Black Horse finance this morning. Eclectic mix of cars and miles (to say the least) that you can't see anywhere else including: 2018 BMW I8 1.5 Coupe WHITE, 2 doors, Automatic, Petrol/Electric, 42 miles, Warranted, VAT Type: VAT Qualifying, Registration Date 31/10/2018, Grade: 1 and 2013 BMW 730LD 3.0 SE Saloon SILVER, 4 doors, Auto/Manual Mode, Diesel, 308,992 miles, Not warranted, VAT Type: VAT Margin, Registration Date 22/04/2013, Grade: 4

In terms of man hours what would this install cost a punter?

NO.

Or doing the obvious: buy outside of the auctions.

Mark, increase the margins, reduce the stock volume, don’t set targets in units per month but in £.

So when you make little you are not tight and you can comfortably afford everything??? Two grand a month? Are you f****** kidding me???

+1. To be better at what you do than most other people that do it and to be rewarded accordingly of course.

How would that work with a cheap OBD scanner that only shows engine codes? Why would they be calling me? Because their EML came on or because they used the £8 scanner to find a code which is present but doesn't trigger EML and doesn't have any fault symptoms??

I haven’t worked for a long long time. I don’t do 6am. I like what I do, it’s somewhere between a hobby and an obsession and I can only switch off of it if I am away so I travel quite often. I’ve had an office job years ago. The hardest £1700 per month I’ve ever earned. I now consider myself completely unemployable.

I have Edit. No Like. Logged in / out several times no change.

I loved eBay no reserve. I used 10-12 accounts for shill bidding to ensure the cars didn’t sell for peanuts. They would close one or two and slow me down by a few minutes every month. Then it deteriorated and I only use the motors pro ads now.

I was thinking last year to bulk buy some cheap £8-£10 OBD only scanners and give them to “selected” customers when they drive away. Now I think I’ll definitely do it.

But 5 at £4K gross sounds better than 5 at £2K gross. At least to me.

It can’t be the browser. I am using 5-6 different devices. Must bethe person. Some chosen few are favoured at the expense of others. I call this the Car Gurus model :-)))

If that is the case WHY do we keep talking about units sold each month in terms of how well we did. You said you sold five the other day. What did it mean money-wise? Just have an annual thread: How was your year where we all compare our official figures... Oh wait, that’s not a great indicator, especially if I re-invested rather than cash out.

My point at the start of this thread was really simple. Aim for £4K rather than the £2K the OP used as an example. Buy for £1000 less, sell for £1000 more. It is not very hard, it is not rocket science and it certainly happens very often. Whether or not this £4K stays in your pocket in the end of the year is a whole different story and we’ve already been through the fixed and variable costs debate. It was GROSS profit margin between bought and sold not accouning for prep etc but also fully excludng warranty, finance, paint protection, Gap, admin or any other income. Buy for 8-9, sell for 12-13. This what I meant. Can be done, gets done by people every day.

Yes, I go every year, it's an easy day trip for me from Luton (£60ish return with Easyjet). If you have to go to one motorshow it's great. Small enough to see in a single day. It's at Palexpo right next to Geneva airport so the logistics are very easy, 10 mins walk. All supercar brands are represented including stuff like Pagani, Bugatti and all the Italian brands. BMW, Merc, Porsche and Audi always have huge stands with all the latest models and you have full access to the cars. So do McLaren. With the Italians access is an issue but early evenings when it gets quieter they will let you on the stand (all cars are unlocked and accessible) when you say that you are a UK dealer just there for the day. This year I'll be there on 12th March and possibly the 13th, going with my other half for two days.

Luckily the wheels were going in for full refurb anyway. Here you go:

The car yesterday was a MINI, the lock was present but damaged and they were indeed McGuard. They have a security system which will prevent a nut to just be hammered on. will this image link work here: https://www.facebook.com/photo.php?fbid=10157151053376115&set=pcb.2225971587720647&type=3&theater&ifg=1 We had to resort to welding...

I lost my LIKE button when I was accepted to the Advanced Forum. But it probably isn't the only reason as Lucas who is in the Advanced forum can like posts.

Why don't you ring Umesh for a bit of advice on this, he did a very similar takeover a couple of years ago.