awc1000

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Posts posted by awc1000

  2. Posted

    14 minutes ago, tradex said:

    AT will fuck this up too is my guess;)

    good chance of that:blink: i always thought there was a reason why AT changed, years ago you could call the girls in newton-le-willows and they were on the ball and helpful, they even listened and appreciated the feedback, they were even value for money back then....then they moved to manchester, a stones throw from where the hacienda club once stood, remember ringing once and talking to some office lad and telling him he must of found some left over happy pills, he was probably conceived in that club in 1990, whatever it was he was off his fookin head, clueless.

    • Like 1

  3. Posted

    The cost would be irrelative if it worked, the problem is sites get sold then to recoup the investment they get diluted with shite vendors and become dumping grounds for sales managers who have fooked up a deal or managers who couldn't describe a pair of shoes properly.

    joined autotrade-mail in 2005 it had circa 1500 members by 2006 and it was unusual to have an issue with anyone on there, cost was £40 a month, when i left it in 2016 autotrader owned it and already increased membership to 2400 members at £90 a month, instead of managing it properly for the long run it was diluted in the quest for AT to claw back the outlay, its current status is - fooked and worthless.

    be interesting to see how this latest partnership pans out..

  9. Posted

    8 hours ago, BHM said:

    Do me a favour, email me the name of the place you can buy cheaply & regularly enough to sell to the trade & make a wage.

    ask your local sprayer or dent removal man, they will know who's trading locally, granted trade supplied cars are not as plentiful and not as cheap as they were, but they don't come with A- £200-500 indemnity, or B-£200 delivery by a stranger., and of course you get to drive them before deciding / paying.

    amazes me how new retailers set up but don't have an interest in the local trade supply, it's a bit like buying a freehouse pub and not knowing where the local brewing companys are, just saying...

    • Like 2

  10. Posted

    28 minutes ago, Fabio1493 said:

    Hi all,

     

    I'm after some perspective please.

    I have extensive experience in the motor trade both as a sales man (for multiple manufacturer dealerships) and as a car buyer (worked as a buyer for a couple of big companies and managed to break the profit record on a number of occasions) - for many years I've toyed with the idea of becoming a car dealer myself. I don't consider myself a "born salesman" and I don't think I would be able to sell anything other than cars. I'm sure what sold me cars in the past is the fact I'm genuinely enthusiastic about cars (even dull everyday ones... that's just me).

    I'm still on the fence about starting out and I think my main concern is that inevitable time when you get an "awkward" (for lack of better word) customer.

     

    How has everyone found their customers to be like? Anyone trying to take you to court because a clutch went after a few weeks? 

     

    All views are welcome and thank you very much in advance

    If youv'e been in car sales for franchises you will already be intimate with the warranty rules and how to deal with customers, and as a group buyer you will know the difference between a winner and a shitter, and as you mention you are still enthusiastic about cars then i would say yes go for it, you are as a new member on here unusually qualified, good luck.

  11. Posted

    4 minutes ago, Rory RSC said:

    Its not 1981 pal.

     

    In terms of thinking Cat D's are the way forward then maybe for short term gain. Long term wise how do you scale that up? do you want to be associated with that stuff when trying to build a long term business? do you want a pitch full of cat damage stuff 5 years down the line.

    well 1981 was my first year, its 2019 now and i'm still trading cheapies out which come to me from main agents, why would you think things are different now? granted the oppurtunities of buying this way have shrunk, but there's still plenty of business to be had this way, and it's not just me who's still making a living this way.

  12. Posted

     

    1 minute ago, Mojo121 said:

    I’ve never met one of these “local traders”... any tips for finding one?

    depends where you are lol, most traders who are buying out the main agents have the problem of having to take all the cheapies away too, it can be a real pain finding someone to buy these on a regular basis.

  13. Posted

    Try building a relationship with a local trader who will look after you if you show willing to buy all his decent cheapies, they will bring them too you once they realise you are serious, you'll even get to drive them first before buying too, and they'll even give you a few bits on sale or return once they like you, if your running a busy car cleaning company you will not have time to go to auction, whatever you do don't buy cheapies at online auction, you'll end up a busy fool.

    • Like 1

  14. Posted

    yep this one was the real deal, original in all respects, genuine and untouched, the fooked original tyres adding to its pedigree, i guess that's what justified the premium, nick whales silverstone drew £113k for a 6000miler in 2017, though that was an rs500, i remember getting stuck with one of these at £4k, although it was a ruff bag of shite that had seen some off road forays:blink:

  15. Posted

    17 minutes ago, tradex said:

    You will find most of the larger group auction vendors won't be paying any entry fee and, have free collection too, that's how much things have changed over the years. B)

    very true, some groups who use the auction software are even being advanced funds on a unit when they deal it, they are getting paid out a minimum before the auction even pick the car up.

  17. Posted

    On 11/9/2019 at 6:50 PM, Scooby who said:

    Disagree...... bad engine the 1.0, loves oil, buy the 1.3 or else at least 1.5 litres of oil every 1000 miles

    Iv'e never had a bad one, call me if you don't want any youv'e got:)

  18. Posted

    11 hours ago, TangoVictor32 said:

    BCA cap is all made up by themselves. Independent auction houses always value a car at a lower cap range.

    Few years ago i tried putting the same car i purchase via bca back in bca and they valued it at a lower cap range because they said something along the lines of you being private entry and not a hot ticket big vendor...

    Some of the cars that are sold privately sell at much less than cap average.

    BCA know there's too many new dummies at auction that rely on their catalogue and they are fobbing these guys off and creaming in good returns. 

    Why buy from bca at cap average when you can go and haggle a private seller Mike Brewer style?

    WBAC always offer significantly less than a private sale. Most punters that use WBAC either cant be arsed with selling it themselves or their car is shagged or they genuinely think they are getting a valauble service from them at a good price.

    Some good points, as mentioned before the quoted CAP price at auction whether online or printed catalogue is often wrong, but whether this is on purpose is debatable, even vendors can manipulate a result, auctions simply input entry data that a vendor has given them, no way would an auction admin member have the skills to question every entry, iv'e seen the software some franchises are using and it is possible to value a unit more by claiming it has certain spec when it hasn't, whatever your thoughts are the fact is auctions do not have to manipulate prices anymore, its easy to sell, and its easy to return a vendor over CAP price, all simply because of one factor that nobody has touched on - credit, whether that is auction credit, or stocking loan company's etc, either way buying credit at auction is now vast hence the bun fight for stock and daft prices.

    few points regarding vendors paying more and auctions ripping off dummies / newcomers, vendors- all fleets and groups already know the true CAP value, they all have managers and don't need auctions to tell them the value of their entry, they all have it good and are not paying much, some are paying as little as £50 a unit, buyers - auction profit has firmly moved onto the buyer and has done for some years now, exactly what do you think you are getting for a 300-600 indemnity?? the answer is the worlds dearest hpi check, a private can buy a water tight gold hpi report for £25, the trade much less.

    whatever your thoughts are don't forget CAP valuations are like other valuation tools just an opinion.

  21. Posted

    4 minutes ago, Stalker said:

    So WBAC buy at between cap below and cap average, knowing that at auction it will most probably do better than cap clean. (Due to shortages of cars)
     

    Private sellers don’t know the value of their car, they rely on WBAC to offer them a fair price. 
     

    Cap aren’t fixing the prices, I reckon BCA are suppressing/cooking the values they pass on to CAP. 
    (Especially on certain models to help them)

    BCA are caps biggest contributor of trade prices. 

    They are probably CAPs biggest customer. 
     

    Also I’m guessing you guys know that for non Bca stock... lex , inchcape, leaseplan and large dealer groups BCA charge their vendors a higher price/commission  when cars achieve higher than cap prices.... now tell me lower book prices don’t help them. 
     

    I know who’s talking bollocks :rolleyes:

    think wires might be crossed here??, CAP are not affiliated with bca, CAP have thousands of u.k customers, CAPS main income is selling mostly desktop valuation packages to the franchise and used car networks, they are owned by solera group which has other automotive interests but not those you mention, bca are simply 1 customer, manheim are simply 1 customer too, the auctions choose to use CAP, as it's seen as the best all round valuation product, 

    as for the bca/wbac situation, they don't rely on CAP prices for buying, they have a different buying criteria based on auction demand and seasons, auction results are public too so i don't see how you could presume its a fix, for the record depending on season the wbac bid range can be as low as 50% cap clean and as high as 110% cap clean depending on product.

  22. Posted

    both glass and cap were critical in my world of underwriting and trade buying out of franchises, not for values but as a weapon for nicking cheap cars, both books were always wrong, both books had many models missing, obscene amounts of money were made by agreeing with idiot sales managers on book prices, most of them were only ever up to speed on their own brand, and usually clueless on most other brands, factor in the bung culture as well for even cheaper cars and there was a 20 year period in this job when it was embarrassing, we used to joke that we couldn't afford to be drug dealers as the wage cut would be too much:)

  23. Posted

    Auction results are only part of the picture in how CAP arrive at values, there are thousands of cars traded weekly in this country that don't go near an auction, CAP gather thoughts and input from auctions and a lot of franchises and used dealers and even traders, this has always been the case, especially the values on cars up to 1 year old which cannot just be calculated by auction results through lack of 0-1 year old entry's, the bulk of these 0-1 year old cars entering the trade stay within the franchise networks, these franchises need to know a value and someone has to value them...anyone who has ever held a CAP subscription either in old monthly book format or later digital form will have had a call from CAP at sometime asking for your thoughts.

    As for CAP fixing prices or whatever you want to call it?? that's bollocks, their sole aim is to be accurate to justify their existence and sell their product, they ain't buying cars are they....

    Anyone on here who solely rely's on auction claimed CAP figures just remember this - they are compiled by admin staff in an office, don't presume they input it right every time every week, try buying a full CAP subscription, it's tax deductible, you might even learn something....:blink:

  24. Posted

    I would encourage everyone to simply revert to manual listing as mentioned without giving reg number, and cover all number plates within photos with your company logo, then simply write "great value" within the strap line, sure it takes longer but the preset spec listed from giving a reg number for a specific car is often wrong anyway and one of the reasons why many AT values are miles out, example - AT valued a sl55amg as an sl500 and were wrong by £9k, don't forget we often have v5's that are not accurate to the specific model due to lazy franchise input from new and dvla blunders, AT are no different to this, at the end of the day AT are only coming up with values based on the info we give them, they certainly don't have a core of staff in the valuing department like CAP etc do. the less you tell them the less credibility they will have in valuing cars.

    It's nothing new, years ago when AT was only in magazine format we all had a few ghost cars priced within a page advert, it still goes on it's just in digital form now, certain supermarkets have been doing this for sometime now - no numberplate's on show, different cars in the picture, claimed higher spec etc, complaining is pointless so simply play the game until the loophole closes.

  25. Posted

    Yes probably, much catching up to do:blink:....it's strange though how each group would have no realistic chance of selling each others product in their own home market.

    3 minutes ago, trade vet said:

    So the French are going to sidestep EU regs with secret subsidies and get away with it.It is the same in the steel industry.Meanwhile the UK follow the rules to the letter and huge plants in difficulty employing thousands get closed down.

    yes as with others, its going to be interesting to see who's government backs its brands regarding cost and it's own labour force, could get a bit wobbly here with two thirds of production here already LHD export.

    • Like 1