awc1000
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Everything posted by awc1000
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unlikely, or in that case it makes your assumption on the type of customers even more ridiculous, i'll quote you - every make mainly from retirees buying their last car, that type of customer did not even amount to 5%, your starting to embarrass yourself. any idea what the franchises opinion on the latest banded around scheme is? i would be interested to know your thoughts on it and how you know, if it makes sense i'll even give you my thoughts - based on being in daily contact with many franchises up and down the country.
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try asking what my thoughts are based on rather than presuming all the time, i currently underwrite for most franchises as a trade buyer and have done for 30+ years, i also sell late stock to franchises, i was well aware of what profile the last scrappage scheme cars were as i was there to see it with my own eyes, yes some gems got lost but in the scheme of things they were few and far between, your strange exact profilling of the type of customer who took up the scheme is laughable, an opinion obviously formed by reading historic articles and listening to bullshit whilst standing at the block, one things for sure - you were not walking in and out of franchises in 2009 on a daily basis to see what actually happened, unlike myself.
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I wouldn't expect an idiot to understand it, especially one who wasn't even in the job during the last scrappage scheme. sounds like your still in a mood because your sole source of stock is still closed.
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It's not the problem you think it is, nor was it last time round, granted some gems were lost in the last scrappage scheme but the bulk of the swappers were tat, exactly how it was intended. the only loss to the franchises were the sales managers who lost their bung money off the banger traders, it was 2k gov contribution and 1k from the manufacturer, the gov money only appearing after confirmation off collection by an appointed scrap dealer, hence nothing could go missing. the only loss to the used car trade was the lads selling and relying on sub £1k shite, and they were not that bothered anyway as the supply of that stuff is constant anyway. if the scheme comes back it will be good news for franchises ,and good news for proper used car dealers selling decent £2-3k cars who have it hard competing with cowboys selling un-prepped sub £1500 junk. as for the lost gems, well last time they really were few and far between, it certainly wasn't the great mint older car cull that people imagined or presumed happened, the only shock was how many folks with £200 cars who were in the market for a new motor..... if you are worried about another scheme and your stock profile is all sub £1k sold as seen tat then you are either a busy fool or need to find a new career.
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I don't think government will be keen in the short term to introduce incentives towards new cars, they are well aware that the manufacturers have an ace up their sleeve in the form of that age old secret - how much does the manufacturer make per unit... it's well known the franchisee has circa 10-20% margin which they can choose to give away, but the factory margin has always been a mystery, and with the current trend to build many group models off the same chassis / platform the margin is rumoured to be as much as 50-60% on some models, so as you can imagine there is plenty of scope for the new car industry to give itself a good push, and then there is the issue of manufacturers not wanting to loose presence / franchisee's in most area's, we will likely see an inevitable reduction in franchise's as some already had the wobbles pre covid, and the industry was already re-sizing with remaining franchisee's being given more catchment area, i would expect to see new car incentives by the manufacturer sooner rather than later and possibly backed by factory 0% finance. who's going to loose? i would imagine the car supermarkets are currently bricking it, they don't have much else to give away in the way of incentives, and the mid year final FCA rules review is due any day soon which is likely to cap finance commission, the business model of deal profit rather than chassis profit linked to multi sub prime lenders coupled to large site overheads may well be about to go tits up, that would be good news for most on here...
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Exclusivity for certain buyers online i think will be unlikely, the vendors are watching closely and will be in no mood for cars coming up £short due to a limited audience, some vendors are already looking to dispose of stock elsewhere and the auctions know that achieving the expected returns for vendors in the next few months is crucial , so expect the likes of bca and manheim to drop their guard and allow jo-po to buy online too, they are well aware that the multi vendor crap is reliant on a certain customer so a change in rules is inevitable. As for actually being at an auction, don't be surprised if certain group / supermarket buyers get an invite to attend pre-sale to inspect stock and leave bids, the ones that hoover up in volume the better stuff at the better sales.
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I could say it's just another well funded e-commerce parasite company trading out of an office who think an established industry need this, but i won't in case i get told off by james
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I wouldn't bother, the business model is based on consumers having their car valued online and then listing it in an online auction in front of a claimed 2500 dealer audience (2500 is utter bull). so basically it's a bun fight for a car that motorway have not seen, and has been appraised by the customer - yeh good look with that one,
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mark, try the main facebook car dealers group page, plenty of dealers on there are asking and struggling to get cars moved.
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Supercar dealer Romans on Car Dealer Live at midday
awc1000 replied to James Baggott's topic in General Dealer Chat
yeh all good thanks you too, bored shitless though.... about 90 pages on the countach thread, there's the story of the band "five star" 80's who i think had 5 countach, the two girls couldn't even drive! the dad manager went a bit mad with the money until the inland revunue stepped in.... then theres the pink countach sold to a women in a pink jump suit with large headlights some great pics from the era. -
Supercar dealer Romans on Car Dealer Live at midday
awc1000 replied to James Baggott's topic in General Dealer Chat
great stuff, more story's if you can find the time trade vet cheers for those interested in the lambo brand in the u.k during the 70's and 80's there is an interesting thread on piston heads about the "portman" years and the countach, who bought them etc, well worth a read and great period pictures too. -
Supercar dealer Romans on Car Dealer Live at midday
awc1000 replied to James Baggott's topic in General Dealer Chat
the over a £million stuff will be immune to the imminent drops, the original low quota's and always lack of those on the market should see too that, and the folks that own those arn't going to be worrying anytime soon, the pain will be in the mental over supply in the 150000-350000 market the bulk of which is financed up too buyers who traditionally were £50,000 buyers, when you look into how many of these were produced in recent years its shocking, lamborghini - aventador 8400 units, gallardo 14000, hurracan already on 15000 units, rare they ain't.. would be interested to know how many of these are u.k cars if anyone has an idea on lambo numbers?? ta... I remember when portman had the u.k only lambo agent, in the countach years 20 units into the u.k a year was a result, and when diablo arrived in 91 it was only 10 u.k units a year until 93, how times change! seeing a car back then was rare and special, now even you tubers with no income drive e'm. -
Supercar dealer Romans on Car Dealer Live at midday
awc1000 replied to James Baggott's topic in General Dealer Chat
thanks james, enjoyed this one, was nice to see tom be so open and honest especially regards the reality that they are facing an imminent price realignment the likes of which we on here don't have to worry about. -
Why car dealers need to hold their nerve on used car prices
awc1000 replied to James Baggott's topic in General Dealer Chat
you wouldn't understand anyway, your clearly one of the new wave of mid 20's traders who probably borrowed a few quid and mastered an i-pad, now your an expert. -
according to your profile you were born in 94 so i guess you were still in your pram when you visited. regards the bacon sandwich, well youv'e lost me.
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unlike yourself iv'e no need to stand under rostrums acting like a big-un, and the last time i did was whilst bidding up my own entry's in front of buyers like you who wouldnt have a clue whether i was buying or selling, but that was in the 90's , spent the last 20 years buying and underwriting the higher end stuff for franchises. enjoy your return to the auction when you are allowed, i'll think of you when i'm still sat at home valuing and buying cars for and from franchises, all of which i will sell onto retail buyers who don't have to rely on auctions or credit.
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Why car dealers need to hold their nerve on used car prices
awc1000 replied to James Baggott's topic in General Dealer Chat
your nearly right on this one, the stocking loan company's have all given good or reasonable extensions so that is not the reason, the reductions you see are likely because of the other overheads and pressure. note - opinion formed whilst sat in my slippers not pointy shoes, based on supplying many of these dealers nationally for many years. -
you think wrong then, i'm a trade buyer, started in 1982, happy to compare cv's with you anytime. explain how you think a customer suddenly has an 18 month mot? the 6 month extension is just that, which means none of it matters regards what is due a test next year, simply every car will be due a test next year which was the original o.p question. anyone who thinks the 6 month extension will be rolling after lock down is deluded.
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you put 12 months on as a selling point surely? its a choose, not the law, you don't have to supply a new mot do you...
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thats because being in the trade you don't worry about your own cars, most customers have no mechanical nohow whatsoever, and plenty will be worried there car has issues, it suits the ones running shite for sure, but thats a minority.
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you asked how franchises keep customers, i replied one answer is 5 year service packs, these are sold from new, don't confuse service packs with mots, nobody selling new cars is interested in selling future mots, service packs are not just sold to keep customers in the dealer network. block exemption has nothing to do with mots, anyone with a test station can test any car anytime.
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no reason for it not to end after easing of lock down, an mot like insurance and road tax is a legality, and to many on here presuming their customers won't bother having a "late" mot instead using the 6 month rule (note current rule). not everyone is riding around in shite, plenty will want their cars tested again asap.
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the subject was a down turn in mots not what the manufacturers are doing to keep customers coming back, but for starters 5 year service packs on new cars, you are welcome to tell me how many of these are sold in percentage terms on new cars????