Tempest

Again, thank you for the responses. I can’t say it’s want I wanted to hear but it’s not the end of the world! As the business is new in all respects my choices are pretty open and I won’t loose out too much by trying either or a mixture of both paths. I’ll see how I get on. Troy.

Thank you for the thoughts. I appreciate that a large proportion of the buyers are probably going to be a pita in some way, but I’m prepared for that. It’s mainly that I’m bored repairing cars for customers and want to do something different. I am already vat registered and will continue to trade that way. My father is from the accountancy world, so that’s all taken care of. You know I hadn’t paid much thought to part ex, but was thinking of advertising in the form of wanted ads for the kind of stock I want. I would be interested to know what kind of stock you trade and the kind of price range you work in? Troy.

Thanks for the input NoAcross, For me, all I know is German cars! Moving to another brand would be a challenge for me I feel. The dilema I face at the moment is that I have to build a business and I need to choose soon in order to focus. Add that to the fact I am a bit fed up with repairing customers cars for a similar reason to what you mentioned above - they expect too much, want it done asap etc. I’m not looking to have most of my stock as non runner repair jobs, maybe the odd few. What sort of margins do you look for in normal trading of good quality cars?

Hi all, Having worked in the motor trade as a tech for a few years I recently re-located back to my roots in Nottinghamshire. On my return my Father and I have taken up a unit that I have started doing basic matenance work from and offering my services to the VW/Audi community (this is my specialisation). After a few discussions we have looked at perhaps changing the focus of the business more towards buying and selling. We are thinking of catering for higher end Audi (S and RS models) given my quite extensive experience and I am looking for some thoughts and feed back. I'm interested to know what kind of profit margin a dealer should expect (or aims to achieve) on selling a vehicle of this type in the £10-20k market? I also wonder if there is anyone here who like to buy non-runners in this kind of stock, to repair and then sell on, if so, how well does it work out for you? Is there any one else here who aims for a similar trading style in Audi, or maybe other brands such as Mercedes or BMW? I currently have a 2003 C5 RS6 that I've repaired, which is almost ready to sell as my first sale. I've also just bought a C6 2007 V10 S6, which looks to need timing chains (biiiiggg Job). I have lots of experience selling personal items, including cars, on eBay, do many traders find eBay a good market place, or are the likes of Autotrader, Piston heads etc better for the kind of market I am looking at? Thanks in advance for any replies and I look forward to talking to you all in the future. Troy.