Mark101
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Content Count
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Last visited
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Days Won
31
Posts posted by Mark101
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15 hours ago, marc_p said:apologies for any spelling/grammar mistakes, It's been a long day and I'm ready to crash!
Thanks
Marc
You spelt your name wrong
Welcome to the forum by the way and good luck.
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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.
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Just paid my Corporation tax and December is my VAT quarter too and my accountancy bill.
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22 minutes ago, David Horgan said:WOW your VAT bill is going to be massive
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.
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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.
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1 hour ago, Uzzy100 said:What your telling me you dont average £500 from each car you sell?
corsa auto 07 08 models buy for £1000 £1200 sell for £1500 £1700
same with honda jazz models
5 cars £500 profit - £2500
whats not to believe
any genuine advise givers out there on how to form relationships with dealers for their px cars? Its getting quite tiring sourcing cars privately and travelling 50 to 100 miles every night to buy and pick up stock
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.
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15 hours ago, Grantlfc81 said:There are firms that will do the fca for you for around £300
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.
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2 hours ago, metcars said:Good, tell him there are lots of us that think they are hero’s! And deserve a good pension!
Trouble is, depending when he signed up - that particular benefit is shite in comparison to "the good ole days."
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3 hours ago, Screenman said:30p a packet for Dunhill when I packed up smoking.
Is that when you first started removing dents (the one from your wallet?)
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34 minutes ago, Casper said:To be fair other supermarkets are available lol but it's all shops after Halloween the Christmas stuff is out too soon if you have ask me kind of ruins it
fortunately I don't have a triple buggy or vxr Astra either Christmas is probably one of the only times I'm in or around supermarkets
good luck for 2020 mark
And you Casper.
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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.
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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.
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15 minutes ago, David Horgan said:margins are very high so happy days .
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.
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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 updo it.- 1
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4 minutes ago, Rory RSC said:i have 2 / 3 c class coupes all showing high. Will realign at some stage.
Are they better news than an E? Both of mine have sold (finally).
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1 minute ago, Rory RSC said:I suspect December will finish on around 35 or so for us. In November I predicted December to scrape 20.
currently around 26 cars for the month all bar 2 collected and paid in full. Surpassed expectations.
Where’s my chips? I need a piss
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24 minutes ago, Arfur Dealy said:Well done
Thanks Simon.
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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.
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26 minutes ago, Arfur Dealy said:Bang on, I absolutely agree.
"At the end of the day Mr Customer, go and try and buy a car from AT...... you can't, because they do NOT actually sell cars....... Their stupid algorithms are totally wrong and biased towards CHEAP, the private sellers or rogue trader who are selling bent falsely described death traps. If that's what you are looking for then you are looking at the wrong seller."
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?
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4 minutes ago, Mojo121 said:1 in 5 is always a dog mate. That’s the only consistent ratio that’s stood up over the last 4-5 years.
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.
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7 minutes ago, CRW said:6 hours would be a short day for me down here in Cornwall!
Its a 12 hour round trip to the Midlands
Yes, but a price worth paying for that location mate.
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21 minutes ago, Mojo121 said:I've never been able to buy private - they're always knackered or too expensive
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.
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Just taken dipper for number 12
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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.
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Dealer Management Systems
in General Dealer Chat
Posted
VT (Google BBSOL).