MattFow

Wolverhampton just as bad. Never anyone in the key office, when you go to ask someone there annoyed as their trying to get their cars in for the next sale. Absolutly no structure literally just chuck them where ever they fit.

Thanks for all the input. On my first post I didn't want to start chucking out there net margins. ETC. I should also point out that before I went into my current 9-5 I was selling for BMW/MINI for 8 years. So in no way i'm I new to any of this. Like you say the motor trade has a habit of getting under your skin and ultimately always pulls you back! The stock profile is basically sub 3k average Gross £650 PPU. This is all however internet based and is naturally price dependent there was also 1 £1300 loss in there. My feeling's are that by taking the plot, getting a consumer credit license, offering some warranty, a decent website, and having a generous amount of walk in traffic, we could push to obtain £1,000. Maybe i'm miles off here but I didn't set up on my own to earn 50k a year, probably like some of yourselves you could walk back into a job in the motortrade and make that with your eyes closed.

Hi. Thanks for the replies. I understand the comments, surely the only way to grow is by borrowing at some point along the way? The other dilemma is that the pitch is in a prominent location (on a busy crossroads) and is in the same site as my garage and car wash. It just seems to good of an opportunity to take. Would be great to hear anyone else experiences making the transistion from driveaway to pitch. Thanks

Hi my first post here, whilst I’ve been reading a lot of the threads I just haven’t found the time to comment as I’ve been running the trade business on the side of my normal 9-5, anywho I’m now full time as of January 1st and have a query. Over the last seven month ive been turning over around 6 cars a month from my drive (and the back of the pub up the road):-) I’ve got a plot lined up ready to move into and want to triple that turnover of stock. However i can’t do that without some form of stocking loan. Most of what I have read up on is that stocking loans are obtained if you have been trading from business trading address for a minimum one year? Is this the case? Irdoes anyone know of anyone that can help newbies with profitable 1st year accounts? Any advise would be great Thanks in advance