OliverPeirce01

@blenheim cars Yeh completely understand what you have to say and I’ve read a lot about people thinking they can just jump into the industry and do as well as experienced dealers. I have no sense of illusion on this and I am fully aware it’s a make or brake biz but it’s something I want to get into for the long run. I’m happy to take on all the advise possible. I own a marketing agency as we speak that I have others taking on the majority of the work load but it’s just not the industry I want to be in in years to come. It’s cars as more specifically over time high end vehicles. Its hard to say in terms of how long to allow for marketing but we have worked with private owners marketing there cars as well as small dealerships and we have found that for new business we can push a car within 3 weeks and larger established garages 20 cars a month albeit they already had a bit of a brand built, so it will be very much a trial and error scenario.

Thanks @CarSalvage for the information. That makes perfect sense. It seems like the best option would to be and jump straight into things and get my motor trade insurance and trade plates etc. When I purchase a vehicle under trade does that mean the V5 is just held under the business name and therefore doesn't add to the number of the vehicle owners? I am assuming that getting trade plates is a straight forward process through the DVLA and i won't be refused them? i appreciate it may seem early to go all guns blazing getting motor trade insurance and trade plates but I want to be as professional as possible from the get-go and it seems to be cheaper and easier doing it that way than insuring and taxing every car i buy to sell.

Hi Guys, new to the trade and I’m starting in the next few weeks by selling from home. My budget for my first car is around 18-20k. I have ran a couple of successful businesses in the past but to be honest I don’t like them they just make money but cars have been my passion and joy for years. I’ve done a fair amount of research and have spoken to a few people but there is still some gaps in my knowledge that I would appreciate you guys helping me out with so firstly its been mixed advise advise on whether or not to get motor trade insurance and set up a Ltd business from the get go? For the V5C when buying and selling how do I fill out the form so i don’t own the car personally as I don’t want to add another owner to the list if that makes sense. Cheers Oli