Bmx Bandits
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Everything posted by Bmx Bandits
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Good to get the inside take on things and I’ve got a couple of spare convertibles just incase you get a run of panic buyers
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And don’t think we’ll even be able to buy pasta. There is a really good article here - https://www.cittimagazine.co.uk/comment/fuel-shortages-could-the-uk-switch-to-e10-petrol-be-the-underlying-cause.html about the fuel shortage and it being to do with the role out of E10 rather than driver shortages - they state that the tanker driver numbers have not changed markedly between August and September. (It’s written by a couple of University professors so is a little heavy going compared to a broadsheet). It’s also definitely not spam… not that you will be able to buy that soon either
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CDP Podcast - Iain - Glamour Photographer to Car Trader
Bmx Bandits replied to david gott's topic in General Dealer Chat
But they can both rinse you of money and drive you insane if you pick a wrong’un -
What paper work do I need when selling a vehicle?
Bmx Bandits replied to Jimnibob's topic in General Dealer Chat
Thanks Denise, invaluable timely advice, I’ll be sure to look up the AWS as well just as soon as I’ve finished my Tooheys and chucked the barbie in the back of my ute. Can’t wait to clink on the link and give my antivirus a proper test- 3 replies
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It’s the motor trade. If there is money in it fix it. If not, get rid and move into the next one.
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NIMBY Flash car dealer 0 Skater boys 1
Bmx Bandits replied to trade vet's topic in General Dealer Chat
He didn’t show himself in his best light but I’m sure all will end well and I’d put money in his company sponsoring the skate park! -
I believe it’s a very clever move, especially if your listed on the stock market and you afford to do so. Marshall’s Daksh Gupta is a switched on character, and by reporting the paying back of £4m support and the senior management team turning down their annual bonuses, investor sentiment will continue to improve in Marshall’s and lead to further increases in its share price, which is currently at its highest level for over two years. Daksh alone own over 1.45 million shares in Marshall’s so has done very well from all this news!
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I’m sure most of the main dealers selling older vehicles will be doing so out of necessity, their sales managers will be trying to fill the block hole left in their budgets from the fall in their new car sales. The reality is once these cars go into the franchise workshops they will be pulled apart, the majority of main dealers tech’s hate working on older and non franchise cars, the only people earning money out of them will be the service dept. I can’t help but imagine that when the tap for new car sales turns on again the franchise’s that have survived will go back to what they know best - selling shiny new things.
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Sounds like a bubble fueled on cheap money and greed to me
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I was online for most of the day and couldn’t believe how strong the prices where and across all types of stock. I would not have believed the prices some cars where making at auction if I hadn’t seen it with my own eyes, it wasn’t just the normal German stuff either, it was everything from a 10 plate Qashqai with 80k making £1000 over cap clean to a late plate Lexus with a single digit desirability rating on Autotrader making almost £2500 over clean and all before auction fee’s. Even stuff needing work made all the money, a 15 plate SEAT Alhambra DSG with a declared gearbox whine make over cap clean, they started the lot over £3500 below cap. Seriously you could go online and buy many of the cars I watched today from good independent and franchised dealers for the same money people where paying today all prepped and warrantied. Seems madness to me but I’ve only been doing this for 20 years so what do I know.
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the pitch would be safe with Kier, but he probably wouldn’t have sold any cars so you wouldn’t be able to afford another holiday, Boris on the other hand would have sold most of your stock by promising every customer the world and agreeing to a deal at any cost. He is be the sort of salesman that would leave a trail of destruction in his wake for someone less important to clear up and deal with all that detail. Rock and hard place spring to mind
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Much the same as you Rory, we have been absolutely smashing the numbers, with last month being a record one for us. Things are still moving along really nicely this month but your spot on wondering how long things can carry on like they have, as it does very much feel like a bubble. Having said that, I think it will all come down to what people can spend their money on and as TUI holiday booking are down 69% compared to the summer of 2019 and there are some horrendous lead times from certain car manufacturers and models, with a mate of mine being quoted 9 months wait for a Audi Q3, sure as eggs is eggs the population will spend their money elsewhere especially with many feeling they deserve to as they survived what was a terrifyingly and pretty unforgettable year. Which I feel leaves us in a good position with demand having the ability to balance/outstrip supply. So as long as the economy doesn’t overheat, people don’t start loosing their jobs in large numbers and we can control this shocking virus, we have the potential to sell good numbers of cars and more importantly make good margin.
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I often joke with my salesmen that I will pay them a commission for not selling certain prospective customers a car.
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We always find it best to service and mot stock, ideally before advertising, it hasn’t got to be a full service just a warranty/multipoint inspection and lubrication service (oil change) and stamp the book accordingly. Put in in your advert and it can only help sell the car and stop the purchaser taking it to kwik-fit for one of their cheap services and finding £1000+ of exhaust/brakes/battery/suspension issues that you will then have to argue about and potential end up with a nasty review
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I’d give these guys a ring and see if they can help. I’ve used them before for Merc and BMW key repairs and found them to be very good on quality and price. https://www.autotronics.co.uk/product/repair-bmw-mini-remote-3-button-key-keyless-type
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Good luck all! Will be interesting times. We’ve been operating by click and collect since January and I’ve been stunned at how many customers have been happy to buy cars this way, my salesmen who were dubious at first, now don’t want it to go back to how it used to be, they call it the take it or leave it close and love the ease and simplicity of the process now they have perfected it. I can’t work out, given that we have probably had the best start to the year we’ve ever had, how much pent up demand there will actually be? The serious enquiries we’ve had this week, have been dealt and taken out of the market and we only have one appointment booked in for tomorrow for someone who would commit without a test drive, we are expecting some forecourt footfall this week but worry that a good proportion could be very bored serial test drivers/dreamers. Would be interested to see what predictions you’ve all got for re-opening.
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I just like being able to keep stuff in my car and not get a talking too if it wasn’t full of fuel and cleaned every day.
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The unique could be........they could loose more money....more quickly? Your spot on, they likely never will, in all my experience with manufacturer management are they are only concerned with shifting new metal, they really are missing a huge trick, I know some do try and manage short term daily rental stock but are really missing a trick with some of the 36/48 months lower mileage PCH cars
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I wouldn’t feel to offended. I’m sure Mr Chesterman would say pretty much anything to try and float this company. It will be interesting to see it’s value in 12 months time. I’m amazed some of the manufacturers don't all get together and insist on buy back contracts when they offer big discounts to the lease companies. They could direct the prime stock through their own dealer networks and in effect restrict the supply to these start-ups. I don’t trust customers
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Spot on, threads where fine but the head of the bolts where noticeably swollen and oversize.
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It’s just like in the good old days in the auction hall’s the number of bids those walls used to make!
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Sounds like an easy way to get a few years free servicing out of a dealer
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We had an issue with a Freelander 2, nearly every wheel bolt had swollen in size, so much so that we had to get replacement bolts, I thought the workshops were on the windup but went down and that had all ballooned in size, never come across it before so don’t know how common it is?
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Must be legit with a name like Doris!! But seriously if it is genuine it’s a steal, you’ll have to let us know how it goes.