Mark101

Possible (a reason we stopped, or reworded a reward system at work for customer loyalty many years ago). Possible but It is highly unlikely, HMRC has enough trouble gaining unpaid taxes from various companies, without checking all the incidentals. Pay tax and VAT on time without errors and you are unlikely to ever get any investigation, let alone into these "perks." In any case, I use personal CC, so even more work to route out what's business and what's personal. Worst case, you have to pay tax on the benefit which is still less than the RRP

I always forget mine when I go to the pub, never any other time....strange that

LOL

Result - I'd agree, sounds like a typical "get me out of here"

Just to be clear - I can afford stock but why not take advantage of "free stock funding?" It leaves cash in the business to buy in privately advertised cars and in general gives me much greater flexibility. Ultimately, the cards get paid at month end, either from a successful sale or from our reserves and I "build up" a nice little rewards incentive. I did think about a stocking loan and set up a large scale operation - I'm too scared though.

Do you guys "trust" the proxy bid? I am a little concerned that the Auctioneer will trot me up to within a couple of quid of my proxy, knowing they have a figure whether anyone else is bidding or not. I know they're not meant to according to rules but how can anyone prove it? Good luck by the way re: overturning this situation Rich

I really think it is NOT illegal - name an auction that doesn't do it. If it were illegal, someone would have hanged by now

I don't believe this is illegal - immoral, maybe... On the basis that no-one is "forcing" you to buy, just in effect, asking for more money - you can always walk away. It pisses us all off but that's life - the other option is that they don't run them up and they don't make reserve - still a crap situation. Log every correspondence you had with them regarding your accidental Proxy - dates, times, emails, calls etc - you might just do ok.

exactly - auctioneer must have said for the first time,for the second time.....anyone, anyone Bueller, Bueller, Bueller, anyone, third and last time, anyone, anyone Beuller - NOT SOLD

I reckon they ran it up - I was watching on line and listening and it seemed very slow

£19,500 NOT SOLD

Go on a comparison site and look for best deals, filtering by what reward you want - cashback (think it 0.5%), airmiles, vouchers, Nectar etc. Remember the card issuer charges a commission on each transaction to the processing agent (BCA, shop, fuel etc) hence why you see minimum spend £10 in a lot of places. Out of their commission, they give you a little back. The commission (when I had a card machine) I think was about 1.5-2% and Amex was more like 3.5%, hence why so few places accept it. I use them because I like to keep the cash in the business - best case, I sell a car within the interest free month, worst case, I pay it off in full when its due. Basically "free for a month" stock + a reward - got to be better than stock funding?

Auction starts at 12.20 and your car is no.65 - so probably about 12.50 until that goes through

And here's the proof - found it

Vehice: Mini Cooper 2005 (55) on 92k @ £2,295 nice cheapie and just had new clutch (by us) Ebayer: £2000? Me: Fair bid I thought to myself but I'm here to make money, "I will meet you half way @ £2,150?" Ebayer: £2,100 Me: Ok, I will accept your £2,100 but the car remains on sale until A) you pay a deposit or (will not let me put a b in brackets lol) C) you are stood in front of me with the money. Ebayer: No response, gone quiet - Messer Another: Vehice: BMW 520d M Sport Touring on a 13 plate and 75k (the best spec I have ever, ever seen - soft close doors, pan roof, TV front and rear, Wide screen Pro Nav - you name it) £15,995 Ebayer: £10000 Me: £15,995 Ebayer: £12,000 Me: Ok £15,995 Result: £15,995 to first viewer (not this fool)

I use them all the time - I get cashback and rewards on them. Then I simply pay off in full at the end of each month and go again - free 4-6 weeks stock funding?

Thanks for the info EPV - wow

On a PAYG package from AT - Do any of you know whether I can link to Dealer Website (or am I being thick?) I am presuming I need to commit to a package for that but cannot find any pricing on their website (there's a surprise). Anyone know roughly what a starter package should cost because the figures you guys are saying scare me. Cheers

Website now LIVE - thanks guys for all your input. Only quickly uploaded "stuff" so it will improve in the coming days. Thanks again, Mark

True! I should've learned the first time

I'm only at 6!

Thanks for your help on this - I have just signed up to a Car Dealer 5 package - should be live by the end of the week. Thank you Umesh, I had missed this reply - very kind and you're fairly local to me!

I will have to tell them I've just come from the gym - mind you, if they saw me they'd know that was a lie - my favorite gym machine serves crisps and chocolate.

Cheers BHM I will give it a go this week

If only I could be classy cars for sensible money..................