bimbo

Members
 View Profile  See their activity

  • Content Count

    4

  • Joined

  • Last visited

Posts posted by bimbo

  1. Posted

    Hi Guys,

    Just a quick note to see if anybody is interested in a set of (x4) of the above tire. I currently have them on my E350 Estate, but plan on changing them soon.

    They could be perfect for somebody needing to put treaded tires on a car for trading.

    I bought the car in January and have only done 2,200 on them since then - they were brand new when I bought the car.

    I am based in SW London (SW4).

    Price is £85 for the set.

    Thanks guys.

    P.S. Can post pictures if needed.

  2. Posted

    19 hours ago, David Horgan said:

    Bimbo

    Firstly Welcome

    We have all heard of the computer analytics trying to play a part in car sales . Auto trader have loads of that going on , telling us this that and the other , Web sites telling us when our busy times are , Autotrader telling us what sells in our area and what doesn't sell as fast .

    My opinion , its a load of tosh , pure and simply a load of rubbish . Just like all the car valuations from whoever you like to mention .

    CAP is useful for telling you how much you can get on a finance deal and that's about it  . Because most finance Companies do 120% of retail and use CAP . 

    The rest is a pure feeling in the fingers of many years experience and a very in depth knowledge of the trade , and a lot of mechanical experience too when buying .

    All the best Bimbo and I mean that , but don't rely on your computer background to help buy cars  , it wont work my friend , EG : every POLO SE you will ever have in stock WILL be different  Remember that , its where the feeling in the fingers are needed , One will tap , Another will Knock , one will leak , Another will boil up , one will misfire , one wont turn off , one wont start , and the list goes on , The computer says buy NOW , but the computer wont pay the repair bills :(

    I couldn't agree more that data is just complementary to any business and you still need to know the business, which is something I would wholly admit not to knowing a lot about in this case. But it has been proven that data is a powerful tool for any business also and does help, but is certainly not a smoking gun by any means. It certainly isn't a load of rubbish but you do need to know how to navigate the data and use it properly.

    A point I don't think I made clear enough earlier was that I would only use the tool to help give me an overview of the market and potentially help identify particular models that could sell well in my location. Once I decide I am going to buy a particular car on paper, I then need to go and view/inspect/haggle/buy and as has been pointed out, no computer program will ever help with that. Aside from an OBDII scan ;)

    13 hours ago, Arfur Dealy said:

    Make sure you declare everything as a secondary income, pay your VAT and Tax. Declare you are Trade and don't hide behind being a novice. Do the job right, from the start. We will all help you.

    Absolutely, I believe if you don't things proper better of not bothering at all.

     

     

  3. Posted

    16 hours ago, tradegirl said:
    1 hour ago, jason doyle motor sales said:

    brr brrrrrrrrrrrr good afternoon bimbo car sales how can i help?

    customer............do you have any topless cars??????

    Haha, funny that. I have been contemplating trying to buy a convertible on the cheap during the winter months and selling in the summer. Not sure how well that work though.

    2 hours ago, Mikey360 said:

    Best of luck Bimbo, consider buying the £10 ebook from the forum for more advice, well worth a read and great to reference back to!!!

     

    I sure will, thanks.

    19 hours ago, Blenheim Car Sales said:

    Accountant,  VAT, notify inland revenue, Be legit 

    Yea, absolutely. Totally legit, no other way imho. This will be part time, so I will aim to stay under the VAT threshold. In fact, I don't think I mentioned that. This is just going to be a side business for me. Mainly because I enjoy working on cars and cleaning them up etc.

    16 hours ago, tradegirl said:

    Welcome and good luck! You sound positive, which is always great.

    Welcome and good luck! You sound positive, which is always great.

     

    Actually,

    I didn't post this earlier, because I was unsure about the response i'd get but here goes..

    I am a software engineer and I am in the process of building some tooling that will index all of the (major) car classifieds sites in the UK. With that data, I can then try and get a good view of the market, to determine things such as:

    • Average lifetime of an advert
    • Average price
    • Average price drop (based on original asking)
    • Common cars for sale and what makes/models sell best
    • What is the average spread between private sales and dealer sales (does one exist?)
    • Which model variants are most popular i.e. which have the shorter lifetime

     

    This should then help me identify cars worth buying that I will have some confidence of being able to move on.

     

    I don't know much about the used car market really and i'm not being naive, I think the software can only help a small bit, there is so much more to do and learn but i'm interesting in learning and getting up to speed. I like trying out new things.

     

     

  4. Posted

    Hi all,

    I have just joined and popping by the general forum to say hello.

    I am just in the process of setting up as a trader.

    Having done a lot of research, there is still a lot more to do but I am confident in what I am learning.

    This forum seems to have a great vibe and I look forward to collaborating with you all.

    -- If you are interested, I am based in SW London and plan on buy cars around the 3-6k mark, hoping to flip within a couple of weeks of purchasing. Still trying to do analysis on this approach etc.

    Cheers