Mark101

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Everything posted by Mark101

  1. You spelt your name wrong Welcome to the forum by the way and good luck.
  2. The trouble is if someone finally knocks AT from their perch, they will soon start increasing pricing and we would be back to square one.
  3. Just paid my Corporation tax and December is my VAT quarter too and my accountancy bill.
  4. 10 cars per month over 2-3 years with a GP of £500. Let me think..... 2 years = 240 (cars sold) x £500 (gross profit) = £120,000 x (1/6) = £20,000 VAT bill. That is some serious part-time trading.
  5. I had a few enquiries on Christmas Day and one Screamer (I have replied to him today). The one enquiry (that I doid respond to after Christmas) led to a deposit, so yes - weird they called Christmas Day but a sale is a sale.
  6. You need to drastically increase your gross margin. Purchase Price £1000 Selling Price £1500 Gross Profit £500 Less VAT margin £83 Less MOT £35 Less Service £100 Less Transport/Fuel/Time/Internet/Phone Calls £100 Less Valet £25 Less Warranty £60 £97 pre tax profit (plus a little VAT reclaimed), providing you don't get a screamer/claim not covered by warranty provider. It is nowhere as easy as you have found this to be when doing it full time. Increase your margins and retain the same numbers and you'll do ok. Welcome by the way and good luck.
  7. I know someone who can do the whole FCA setup for you. I think they charge £250 (no VAT) including registration charges. PM me for details of my contact.
  8. Trouble is, depending when he signed up - that particular benefit is shite in comparison to "the good ole days."
  9. Is that when you first started removing dents (the one from your wallet?)
  10. My record is 4 in 18 months, similar situation. It would have been 5 but his son got a DD ban just before I found him a car.
  11. Asda can do what it likes, that’s one shop I will never set foot in. Amongst many other reasons, I don’t have a triple buggy and an Astra VXR.
  12. I always think this is far more important than units sold; Less cars out there going wrong with silly margins in them. It’s why I can afford and justify fixing faults that most other dealers would simply wave a wear n tear flag at.
  13. Only a few more days and it will all be over To everyone who enjoys Christmas, have a good one. To everyone like me, be strong, we can put up do it.
  14. Are they better news than an E? Both of mine have sold (finally).
  15. Where’s my chips? I need a piss
  16. 12 sold and gone, if I sell any more I will eat my hat but I have a nice level of stock for January, which we shall spend the couple of days left of this year getting them prepped.
  17. You’re right of course but the issue is, will these people actually engage with you in the first place or just bypass your listing because it is shown as being too expensive. Maybe time for a video explanation as part of your intros Simon?
  18. I bought with my eyes open. Tiguan with a festive dashboard and no MOT. Obviously a few lights were for seatbelt, handbrake, a bulb out plus ABS and Traction Control. My guess is an ABS sensor or speed sensor and a bulb will have all those lights out but they were enough to scare off all the privates and plastic traders.
  19. Yes, but a price worth paying for that location mate.
  20. On the few occassions that I have bought out of the paper (either trader or private), I have done well but........ It takes so long. Last Sunday, round trip to Bucks to collect one car - trip took about 6 hours there and back. On Wednesday this week - 1 hour bidding and 5 cars won. 4 seem ok, one is a bit of a dog but I haven'y done anything with them yet as they arrived at 5.15pm last night.
  21. Autotrader look at Make, Model and Mileage - the end. No consideration for: Desirable colour (change the spec to an expensive option) Number of Owners Service History Tyre Condition Condition Generally It is a complete farce.