Nick M.K.

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Everything posted by Nick M.K.

  1. Why do they like them so much???
  2. I use Close for prime. Commission depends on the interest "sellout" flat rate at which you do your deals. Blue pays slightly higher commission than Close. First Response for subprime. Their service is excellent. Subprime commission is as low as 2% but at least you get something.
  3. I have the feeling James will need at least three times as much as Dave would want to pay, plus I don't think Suzukis will set his pulse racing :-)
  4. I've had a poor month with only 5 sales (three of which on a single day early on, one on the following week and one being collected this afternoon) although the margins across the five were great. I was still busy as I bought a few and spent a lot of time prepping them. Going away for a few days on WED so don't really have a chance to improve the month but with so much ready stock I hope for a decent February.
  5. I am sure that someone forward thinking will snap it up James. I recently saw a low mileage one go through BCA. Sold for £6500 at almost 9 years old. The price new was around £14000 and to this day this is the best residual value I've seen on a car that is not a limited edition and not a classic.
  6. Two key words here: quality and buyers. I'm with these two and I also have eBay Motors Pro, Motors.co.uk and the free Car Gurus package. The odd lead comes from those.
  7. No. He pressed the button mark as sold. But the advert was left live.
  8. I agree, consider starting a youtube channel at least. Once you deal in cars you will have lots of content topics. What to look, how to buy, how to sell, how to prepare an advert, how to negotiate (or NOT) with a dealer, what to ask, what not to ask etc etc etc :-)
  9. I expressed frustration once because I’ll never set foot at Walsall again. Not knocking Northerners, just the ones working in Walsall BCA and the facility in general.
  10. It is as if I hear myself speak. But not just the owners. If a car passes through several dealers like us that like to prep it's revitalized each time.
  11. White spirit if you don't have a Stanley glass scraper Danny
  12. Considering how often my buyers NEVER ask me for the number of previous owners I have to respectfully agree to disagree. I don't display number plates in my ads and don't give registrations over the phone so it's not easy for them to secretly check. A lot of people just don't care. Which means that you can not get a lot more money for the 1 owner stuff. It will just sit there longer, slightly dearer than the 4 owner cars until you find the one buyer willing to pay more. And another point: Our house is 1 owner. Is it worth more than other similar houses on the street ?
  13. Define minting? Wet vac valet, machine polish, full alloy refurb on almost every set, PDR, bodyshop for even minor scratches at the bottom of the bumpers, interior leather repairs and conolising, non matching tyres on 1 axle get replaced with as new used or new. Then 2 days later we get to the mechanical nitty gritty and I can write for ages. But I am obsessive and half of my job satisfaction comes from the result after. I could easily sell a car with only half the prep I do. I know professional dealers that have never paid for a full wheel refurb. Still do OK.
  14. I personally don't think low owners should make the Retail price of a car higher. And neither should the gender of the last owner. I've sold with 1 owner and I've sold with 6 owners. While one may be more desirable than the other and may sell faster (or easier) I would price them on condition first, then history, then spec. One of the worst cars I ever sold (it wasn't very bad but it should've been nicer for that age / miles) was a white Mini Cooper S with one lady doctor owner from new. It was absolutely filthy when I got it and required 3 times the usual amount of prep...
  15. They buy the information from the dealership / manufacturer's order systems which are completed at the time of ordering the new car. If the car is not built to order (many Korean or Jap cars for example) the dealerships complete that information when they first receive the car. The check is very accurate on German and UK built cars, less so on Korean and Japanese for that reason.
  16. £2.90 per car. I uploaded one here as an example which increased the value of the 6 year old Merc ML by approx £5000.
  17. Diesel because they are now MUCH cheaper to buy, more reliable when used on long trips and will give you 50% more fuel economy. Oh, and their road tax is a fraction of the price compared to petrol (BMW 320D £20, Jaguar 2.0 petrol £240)
  18. Do you know any "photography stars" that achieve the same result only with a mid-range camera and some talent :-) I know people that ABSOLUTELY go to town on the prep, spend 4 days to a week just valeting and detailing a car only to then go and take a blurry dark photo of it with their old phone, advertise it on Gumtree and trade it out unsold in 90 days. Learning what you need to do to a car to make it sell takes a long time and so does learning what you DON'T have to do. Will you believe me if I tell you that I've never cleaned or had an engine cleaned properly in 14 years of dealing?
  19. I hate CarGurus but like AT. I especially like the fact that they don't display Above Market like CarGurus does. I actively use HPI Spec Check to increase the "marker" value of my stock (something I wasn't doing before) and as a result my sales prices and my margins have increased slightly!
  20. Any prep you do over the minimum required to sell it quickly for the going retail price is effectively too much. Knowing where to stop takes years of trial.
  21. But the Audi A3 as a product (irrespective of age) is all about style over substance and I think this video format makes this ad stand out compared to the typical walkaround used car video (including my own). Remember that the person that will buy it will not see it as end of life and it’s good that the video steers them away from that thought.
  22. Enfield is my closest BCA site but I’ve never ever bought there. Not even once. Give me Bedford or even Blackbushe any day.
  23. No. Because it only has 100 miles over what you stated no punter in their right mind will object to that but at 90000 you get in more searches. IF someone says something about you putting slightly lower miles you can say one of two things: When it arrived and we advertised it had just under 90K miles and after we've test driven it the figure is slightly higher. OR Due to customer feedback we have rounded the mileage very slightly so you have a chance to find the car if you limit your search to 90000 miles. We wouldn't want you to miss out on a car for the sake of 100-200 miles.