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awc1000
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Content Count
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Posts posted by awc1000
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bank transfer always best, shows commitment and he cant reverse it, paypal is becoming more about protecting the customer than the vendor,,disputes / claw backs becoming more common by chancer's.
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quite straight forward presuming he's transferring from a reputable bank, give the client your IBAN number (country code plus 12-14 digits) to receive international payments, you will find this printed on the top of your business banking account statement.
try avoid western union, it's the scammers fave bank / method.
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26 minutes ago, BIGNIT said:I dont buy from auctions. I started out buying from local auction but got fed up of going and coming away with nothing. Waste of time I found.
youv'e probably got a few members thinking on here now
, this is how to do the job and stay in control / and make it pay, all without having 75% of the problems that find their way onto this forum from relying on auctions.
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Again much talk on here of auctions / prep being what makes this job go round and round and hard, that's true if you let it be, forget auctions if you are starting out, and don't confuse auction prices with what a car is worth, looking at the market will give you the true values, to start with try and buy local, there are plenty of private ads and dealerships looking to dispose of cars locally, be prepared to be told to fook off a lot but you will get out what you put in, whilst doing this you will not be spunking your money at auction competing with experienced buyers or buying problems, and allowing for auction fees and transport costs of circa 300 then that's 300 more that you can offer locally, don't buy cars with to much prep unless you are aware of the actual costs involved first, learn to prep yourself, this isn't a suite and tie career.
as a newcomer sadly you cant buy experience, but what you will have is plenty of time on your hands, use it wisely, spend your capital wisely, be prepared to not earn money to begin with, don't get sucked into a routine that does not work, stop or change your methods fast if it's not working, whether you enjoy it or not don't forget it is all about making money.
39 minutes ago, BIGNIT said:I have been doing it 3 years started with just an interest in cars, no contacts (apart from place I take my personal car for mot)
Its a bit doom and gloom on here.
Whats hard, I buy a car, I drive to paint (if needed), I drive it to service/mot, I drive it to valeters, put photos online.
Viewing by appointment at my home address (most cars kept on some storage land).
Sell 10 retail a month trade 3 or 4 on. Around 10 advertised at any one time.
Hardest bit at first was sourcing cars but I find it easy now. (I have more than I have room for, hence trading some on).
Don't have many problems but only buy cars that are good examples and from reliable brands.
Get trade plates, get traders policy and put more effort into the buying than everything else put together.
very nice to hear this, i'm going to stick my neck out and guess you don't buy all your stock from auction?? hence here's proof that if you manage your time properly and have a bigger outlook on how to source stock then this job is enjoyable and pays well.
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It all depends on where the car was first born, if it was first registered in the u.k or e.u then it will be duty free as long as it's over 6 months old or 1000km's and in some cases as nick said has been there 12months plus and was not subject to vat reclaimed here.
be careful though because if it was first registered in the channel islands then it will be due vat duty on it's current value when imported to the u.k, the exact reason why nice low mileage cars no longer come this way in the numbers like they did years ago.
a
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10 minutes ago, Dave2302 said:The only way I'd ever consider being forced into a non Petrol Engined Car would be if I were allowed to rebuild an older IC Car of my choice with Electric power in my own workshops ...............
i.e create my own Electric Hot Rod. I somehow doubt I would be allowed to do so by the time all this is implemented, so as far as I'm concerned they will have to jail me for continuing to use my V8's after they are outlawed.
By the time that all happens, hopefully I'll be past driving myself around anyway.
Oh, and btw, getting rid of IC Engines WILL NOT make a significant difference to the Ozone / Atmosphere ................. It is all just simply propaganda bullshit spawned by some know nothing wanker.
Why the fuck should I and the millions of other Petrol Headed IC lovers be told we can no longer pursue our love of IC engined Cars, when there is in fact no tangible argument to support all this Eco Bollocks ......................
None of it stands up in a decent technical argument ....................
Electric Cars are no more environmentally friendly than a modern IC Petrol, they are just made out to be by morons who have been cloned !!
I'm out
agree, there's a lot of bullshite involved regarding emissions, the carbon footprint on making a new electric vehicle alone far out weighs its savings opposed to buying a lumpy v8 which already exists as a used car' where's the incentive / levvy to chose an existing used car then???????
reminds me of a few years back when paul mcCartney decided to go green by buying a new lexus LS hybrid, then later after delivery was gutted when he was told that model is imported into the u.k via aircraft
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news that as of monday all new electric cars must admit noise when travelling below 12mph for safety reasons, cue some spotty teenager making the next fortune from an app.
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distance is no object if A the car is right, B your postcode is right, C you don't look shite on google earth lol.
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7 hours ago, Mayday Motors said:Hello everyone,
My name is Joe, I’m 31 and have done various jobs throughout my working life like tiling, barman, car valeting and working in a lab. I’m getting made redundant in September so have a bit of cash. I’m really interested in starting out in this game and would appreciate any advice at all. I think I’m going to try to find a position in sales at a local garage to get some experience etc but am half tempted to learn what I need to online and just start on my own ? I like this forum and see that there’s lots to get through and I will also buy the digital book and have a read of that this evening.
Thanks,
Joe
A job in local garage is a good idea for a while, you will learn much and quickly, if you skip this step then set a limit on initial funding, too much funding starting out can lead to disaster, don't be tempted to spend / buy more if things aren't going well - instead revue why and act on it fast, only introduce more funding when your business model is working ie giving you a profit, you'll not be getting a redundancy out of this job so go careful with the money from your current one.
good luck.
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2 minutes ago, tradegirl said:No we did end up sending it through, and lost £3k off it. Point is, there was a persistent EML that pointed to one thing, but wouldn't go away.
But if I sold that saying "there's an EML and the car intermittently goes into limp mode and we can't fix it. Drives fine otherwise (which is exactly how it was), I think the odds are very strong that it will come back and bite me in the ass if I sell it outside of auction. Which is unfair because I would have been completely honest, and hiding nothing.
3k loss is painful but at least its gone now, it does seem unfair, however as mentioned if you are selling vehicles as a business you are liable, the issues and the price don't come into it unless - you sell to another trader or a person who will use the vehicle in line with certain business's, taxis etc.
for the record what was the car / age / miles?
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12 minutes ago, tradegirl said:Yes, but what if for instance there's a mechanical problem? We had a car not long ago that had cost us the Earth, but there was an intermittent engine issue where the car would go into limp mode, and had an engine light not even the dealer could get to the bottom of. It was pointing to a sensor, but that sensor had been changed.
The car drove fine, but every now and then this light would come on. I don't know what that light is, or what caused it, so...even if I make the customer aware, and it could be something bigger than even I know about.
Am I liable in that case? Even if I've advertised it as I've written here?
Someone could buy it thinking it's something silly and fixable, and they either see that 1. It's not as fixable as they thought, or 2. It's a bigger fix than any of us thought. At which point I imagine I'd be held liable, and would be seen as a dodgy dealer.
We bought a car years ago with an EML, and it wasn't as simple as we thought. We werent about to go back to the dealer and ask for money from him, because WE took a chance on the car. He sold it well below retail, for anyone willing to take it on.
It contradicts if its just an eml light, if this were the case you would simply fix it and wouldn't be looking to sell it cheaper 'as is', if your aware it has underlying issues as stated then the eml light on is kind of irrelevant, hence selling on with an intermittent fault would be asking for trouble,
If you have exhausted trying to fix the car and it owes you wrong then sorry to hear that but that's life, no point thinking a punter will be getting a bargain, he only will if you give him an opportunity to buy it and haunt you later, likely ending in refund.
send it to auction, hope someone else takes it on, as soon as it's out of your life the sooner it will be out of your head, good luck with the next one.
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42 minutes ago, BIGNIT said:He replied regarding who is a consumer, nothing was mentioned regarding selling an unroadworthy car.
I was always under the impression an unroadworthy car could be sold as long as it was stated to be unroadworthy.
How can there be come back on a car that is being advertised and sold for spares or repairs.
It is as described, it is fit for purpose (the purpose being spares or repairs) and of satisfactory quality.
good luck quoting the line - it is fit for purpose (the purpose being spares and repairs) and of satisfactory quality.....
the reality is it will be fit for nothing, certainly not for being used for what it is - a car.
the law may seem harsh on this subject but its there for a reason, and i'm of the opinion its a good law, selling cheap un-prepped cars as seen to the public is not good business and is touching on bad ethics,
when all is said and done, the difference what you net on a banger between selling it to the trade or selling it publicly is simply not worth the hassle to a bona fide trader,
the solution is - sell better cars, earn more money, sleep better.
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27 minutes ago, BIGNIT said:So we get a old banger in px its too good to scrap but not worth enough to prep properly (service fresh mot warranty valet etc).
Can we or cant we sell it as spares or repairs?
yes you can describe a vehicle any way you want too, however as stated above you will still be liable for comebacks unless moved onto another trader and as pointed out the description is irrelevant, traders keep forgetting the fact that price has nothing to do with it.
in summary - regardless of how much a vehicle costs if you are selling vehicles in the course of a business you are liable for the goods unless the buyer is using the goods inline with another business ie taxi, learner car, simple.
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3 minutes ago, Nick M.K. said:By the way, there is a great little app called TransferWise. Extremely simple, transfers from one country's account (and currency) to another with minimal fees and very low margin conversion. Much cheaper than him using his bank to send his Euros to my Sterling account.
The problem is that it takes at least 1 working day, it is not instant.
3 minutes ago, Nick M.K. said:By the way, there is a great little app called TransferWise. Extremely simple, transfers from one country's account (and currency) to another with minimal fees and very low margin conversion. Much cheaper than him using his bank to send his Euros to my Sterling account.
The problem is that it takes at least 1 working day, it is not instant.
10 minutes ago, Arfur Dealy said:He's from Ireland, you would need the international banking numbers and codes etc, can take up to 3 days. I've just been through this with a BMW which has gone Malta
10 minutes ago, Arfur Dealy said:If hes from NI a transfer would be fine, if he's from Ireland you would need the international banking numbers and codes etc, can take up to 3 days. I've just been through this with a BMW which has gone Malta
1 hour ago, Nick M.K. said:10 minutes ago, Arfur Dealy said:He's from Ireland, you would need the international banking numbers and codes etc, can take up to 3 days. I've just been through this with a BMW which has gone Malta
Less than his plane ticket here by the looks of things...
your IBAN international banking codes are listed on your business banking statement, certainly are with the lloyds.
that's not too bad, bit of a shocker the original omsp!
looks like they are being fare and i guess have to be seen to be with it being electric,
also worth noting is that about 4 years ago the irish announced a strange move, they suddenly decided that if a car had originated from the uk and had incurred vrt on entry too ireland - if it were to leave again /come back here you could claim back a proportion of the original entry vrt bill lol, madly the next owner here could do this and not necessarily the current irish owner / exporter, at the time it didn't justify doing on most stuff but certainly did on range rover / range sport for a while when they were still strong money here. worth knowing if a client wants to drive a p/ex this way in the future
4 minutes ago, Nick M.K. said:By the way, there is a great little app called TransferWise. Extremely simple, transfers from one country's account (and currency) to another with minimal fees and very low margin conversion. Much cheaper than him using his bank to send his Euros to my Sterling account.
The problem is that it takes at least 1 working day, it is not instant.
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34 minutes ago, Nick M.K. said:Less than his plane ticket here by the looks of things...
that's not too bad, bit of a shocker the original omsp!
looks like they are being fare and i guess have to be seen to be with it being electric,
also worth noting is that about 4 years ago the irish announced a strange move, they suddenly decided that if a car had originated from the uk and had incurred vrt on entry too ireland - if it were to leave again /come back here you could claim back a proportion of the original entry vrt bill lol, madly the next owner here could do this and not necessarily the current irish owner / exporter, at the time it didn't justify doing on most stuff but certainly did on range rover / range sport for a while when they were still strong money here. worth knowing if a client wants to drive a p/ex this way in the future
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5 minutes ago, Nick M.K. said:The vehicle is electric hybrid with 44 g/km emissions so I am assuming he is buying it for it’s low VRT.
any idea how much he's paying on that 44g/km car nick at 11800? just interested...
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3 minutes ago, Nick M.K. said:I think so, that's fine by me as long as he signs the export slip from the logbook, there is no VAT in this deal so fewer pitfalls.
sounds all good
dvla will tell you to hand over full v5 anyway, you probably don't need advising but be over fussy with your paperwork.
even when he's paid and left there is one dodge which can still bite you, it's unlikely but can be common.
sadly on top of the 11800 he's giving you he will be due irish vrt tax once he's home, on 11800 its likely to be circa 4000-5000 euro's on top+ there ridiculous road tax, yep its fooking savage, here lies the dodge - they get three months on entry to present the car for irish registration, failure to do so can lead to the car being lifted if seen in use, so in certain circumstances the customer cant meet the vrt duty after maxing out on the purchase, at this point it's not unusual for the customer to admit defeat have a change of heart and sell the car back into the u.k market, its then obviously running about with no tax and someone is holding a full v5 for it, any comebacks cameras etc will land on you first regards ownership, sorry if it sounds negative but as you can imagine it can become grief...photocopy and date time absolutely everything, even his license.
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7 minutes ago, Nick M.K. said:Declan will make a rubbish scammer as in addition to leaving a debit card deposit, today he sent me an image of the bank draft which his bank AIB did indeed verify (including amount), a copy of his passport, a copy of his fly BE boarding pass so I think he is legit :-) I just wish he didn't call me Ken in that text message:
nice one nick, noticed he's from sligo so he's a southerner, guess he'll be wanting the full v5 for the vrt?? if your familiar with selling into southern island great (which you probably are) if not ask away anything you need to know, iv'e sold quite a lot into southern island in recent years, i'm aware of all the potential pitfalls on the regulations
A few folks have mentioned not doing weekend or awkward viewing times, if you can afford to choose then great, but i'm guessing quite a lot of dealers in this current climate cant so it's surprising when on one hand people say they wont do it but then come up short for the month and say its quiet , i always thought logic said that if you were retailing cars the negative part of earning good money was that you gave up your weekends, or part of a weekend, or evening
granted we can all smell a messer on the phone and don't want these loons about on any day let alone a sunday morning, but if joe blogs cant view until awkward o'clock because of work etc then he's usually the right man and worth the hassle, good chance he can pay for it for starters! its no different to me only being able to visit an high street on a sunday isn't it..
when i was full on retailing i would say a good 60% of my sales were evenings or weekends, for various reasons.
some have called me mad down the years for being so flexible, iv'e had bods on site at 2am before(pre-paid), been sat at airports 6am picking up customers, iv'e delivered cars 200+miles at night just because iv'e had a home for the juicy p/ex. strange thing is that these were in times when the job was easier anyway so did not have to do the mad stuff, but with the job being so tight now i would of thought its now essential?
that old motor trade saying - the harder i work the luckier i get
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A few folks have mentioned not doing weekend or awkward viewing times, if you can afford to choose then great, but i'm guessing quite a lot of dealers in this current climate cant so it's surprising when on one hand people say they wont do it but then come up short for the month and say its quiet , i always thought logic said that if you were retailing cars the negative part of earning good money was that you gave up your weekends, or part of a weekend, or evening
granted we can all smell a messer on the phone and don't want these loons about on any day let alone a sunday morning, but if joe blogs cant view until awkward o'clock because of work etc then he's usually the right man and worth the hassle, good chance he can pay for it for starters! its no different to me only being able to visit an high street on a sunday isn't it..
when i was full on retailing i would say a good 60% of my sales were evenings or weekends, for various reasons.
some have called me mad down the years for being so flexible, iv'e had bods on site at 2am before(pre-paid), been sat at airports 6am picking up customers, iv'e delivered cars 200+miles at night just because iv'e had a home for the juicy p/ex. strange thing is that these were in times when the job was easier anyway so did not have to do the mad stuff, but with the job being so tight now i would of thought its now essential?
that old motor trade saying - the harder i work the luckier i get
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1 hour ago, Grantlfc81 said:Thank you, yes, now 20 for the month with a nice lumpy one today
I will have to hold my hands up, the 30 days passed, and we literally did 2 from car gurus, none from ebay and none from motors.
we have upped our auto trader to 31 now. and honestly its been ridiculously busy.
that's great shooting fella
, can i ask your location and what age /mileage kit you have sold? cheers.
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6 hours ago, Eriqson said:Ha ha!!!
I saw the brumz thread; I have been doing my homework....
It's not pie in the sky, and I'm not asking for investment money.
The fancy terms:
Convergence of buyers and sellers - perhaps I should have said potential buyers and sellers as the platform is not solely targeted at people in the car market, but the overall theme is that the respective services are focused on the movement people and goods
(...no big boat in Spain)
Targeted demographics - This one is accurate; each service has it's own value proposition targeted and a clear demographic. They are subscription-based; again a fraction of what they already pay, but crucially there are also a number other novel services as well as an underlying privacy incentive why users will be willing to subscribe - I've already done the survey and know how to make this work.
Pool of subscribers - speaks for itself
This is not a case of trying to squeeze out as much revenue from dealers as possible - it is of course mutually beneficial! ...and I can't swim so still not looking for a big boat!
I've looked into gumtree/ebay/autotrader/etc., and I see improvements and simplifications that could be made all round and yet remain productive; the same goes for some of the other services I'm incorporating.
The monthly subscription for dealerships will be somewhere between £18-£25/month; yet to finalize the model...
(...no two up two down cheap semi either!)
I understand the scepticism, which is why I chose the awesome title "Yet another platform..."!
But don't be too concerned, you'll be able to make sound judgments once the service goes live. The platform is still under design which is I why I'm looking to engage now in order to bake the service into the platform rather than it being an add-on.
By the way, there are also no additional fees/charges to prospective car buyers beyond the platform subscription (which includes a host of bundled services) - and added feature/financial benefits will be incorporated as further incentives for car buyers.
No one is being nickel and dimed on this platform...
I'm happy to take any questions/queries on this. Alternatively, perhaps better if i come back once the service is up and running so you could judge for yourselves then
as you have mentioned it's probably best if you come back when the venture is physical, the last person on here to ask for an opinion on new start up (brumz) at least had something that was physical for us to evaluate, although it was a poor effort.
you sound like a decent positive type and i wish you good luck, but quoting a cost to use before being physical is naive, best if you show us the cake first and then ask us if we want to taste it.
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4 hours ago, gerry marks said:Hi All
Finding the job very hard at present so looking at every detail that could effect sales , our stock now shows that it is indeed on finance
Autotrader really pushing experian hpi checks and our stock shows i understand why however i feel this is having a negative effect any one out there
feel the same
kind regards
Gerry
specific to the question then yes i do think it has a negative effect, depending on what you are selling.
certainly on high end stuff it is becoming an issue, if the customer is savvy enough to hpi check your stock then they are savvy enough to work out if the car is sor or a stocking loan or old stock, don't presume they don't know how it works, this info obviously gives the buyer a feel for if or how much he can kick you for, or in the case of sor the finance on the car is upside down, all this can obviously be off putting for a buyer.
the forums like pistonhead's are full of serious buyers all spending as much time discussing the vendor as they do researching the actual car. sadly there are currently plenty of dealers robbing peter to pay paul trading on the balance of financed / stock loaned cars, all of this no doubt makes a buyer very cautious.
there is a big difference between a customer asking you why the car is showing financed as apposed to you making them aware the car is temporally showing as financed, so yes a car showing on hpi can only be a negative,unless someone can think of a positive reason.
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20 minutes ago, David Horgan said: now now That one nearly got to fighting talk
where mr brumz gone? i'm missing the wind up...i even offered to double his start up investment, still waiting to hear where to send my pound coin
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got a pile of old cap & glass guides here if you want them, 20 years worth, they might be out of date though.....
July, how’s it going
in General Dealer Chat
Posted
you mentioned 1 on sale 6 in prep? could i ask what your buying criteria is? just curious if you like to buy prep cars on price or just being unlucky at the moment..