LSP Vehicles

Is that in the to avoid list? I always thought Volvos were generally all round reliable car. Would Kia not be quite safe with their 7year/100,000 mile transferable warranty? Just thought, might be good if we can collate a particular reason why to avoid certain cars? Would be quite as a knowledge base.

HI all, Hope all and their businesses are doing well. Just after a little advice/insight about cars without service history, particularly at auctions. Just wondered how you view/asses them in terms of worth, taking a risk/value. What factors do you consider when deciding to purchase or not? Having recently started we buy most/all our vehicles at auction, but at the moment only purchase vehicles with service history, however, it seems no service history doesn't really put buyers of (at auction) so wondering if we are missing a trick! Thanks

I didn't know about this? I bid on something, won it provisionally, next thing I know I had an invoice. Not an issue as I wanted, but how , or what is the process for refusing a provisional refusal? Haven't been doing this long so just asking for knowledge. Thanks

Are you saying if you use their website to advertise they give you warranty for free???

We actually deal in commercials and yup, the price's people are paying are crazy, seriously wonder how they make anything!

Oh I agree, there is no substitute for seeing and hearing in person, but at lest it creates a level playing field for all. I find i save a lot of time being able to buy online and arrange a collection.

As someone who is new to the trade, have to say, I don't think i could have started at a better time, in terms of being able to buy online. I can carry on with my day job, and buy and reserve a time to collect, it's wonderful for efficiencies. As far as BCA go, looking out what things are selling for, why would they go back to a physical auction, even if the prices weren't silly, they are saving enough on not having their sites open to public as it is. For a buyer, guess it puts us on a level playing field.

Thanks Casper, I must say have found this forum extremely welcoming and helpful. I wouldn't worry too much bud, look at it all as a learning curve, good luck in the future.

I've only recently been in the "game" so not sure if my opinion will count, however the few I've sold so far, they are valeted and mechanically inspected on arrival/before they go on sale. Deposit, I don't take them, the way I see it, if they change their mind, less hassle for both, if they want it, they'll be back anyway. I am a little flexible, i.e if some says they' ll be back tomorrow, i'll give them till midday next day. With regards to the pedal, if you were confident there was no fault, you should have made it clear that is the way it is, or there is nothing to fix. We keeping learning though :-)

I was just using that as an example, but thanks.

Hi guys, hope all are well. So I've recently got access to BCA, the search function is pretty good, however, where i am struggling, is figuring out which sale channel the vehicle is being sold through. I though tracking a vehicles would automatically take you to the relevant sales channel i.e fleet, dealer 1/2/3, premium etc As an example, I tracked a car for sale by Pendragon, but when I go the sales catalogues , there's no sale called Pendragon? Is it just me or are BCA not big on clear guides/instructions? I called them up the other day to ask for rates for silver/gold members and they said they don't "advertise/issue" them which i thought was strange. Many thanks

+2

Hahaha classic!

Ah, ok so we could both log in under the same account with out interfering with each other. Great, thanks

Hi guys, Hope everyone is well. I was just wondering, when you register on BCA and you can name additional buyers, does this mean you can both log on from the same account, so effectively bid in different auctions? I did email BCA however, haven't heard anything back. Thanks

yeah, have defo picked up on that. Prob gives us good chance to practice in negotiating and learning the market. Thanks to everyone for all the advice.

Thanks, I shall have trawl through see if I can find. Honestly, I’ve never owned a car longer than a year or so and have only lost money on one (talking into account any maintenance/repairs I’ve had to do on any of them). we saved up some Mahoney for this “venture” and obviously every business has its risks which we are prepared for. Initially, it doesn’t take a huge amount of capital so the intention is to start steady along our day jobs and see’ show it goes. Personally, I think now is a pretty good time for a start up wanting to ease their way in. The way we see it, if it doesn’t succeed, at least we’ve tried :-)

Hi Frankieola, thanks. With regards to us, we have literally just started (spent weeks reading through the forum), we have yet to buy our first vehicle, currently enquiring about a few, but scouring FB, Gumtree etc. we are researching, learning about values etc I did read on here somewhere there was a "how to be a dealer guide" but can't seem to find the link if anyway could point me in the right direction. Thanks

Thank you Casper!

Hey Johny1980, Thanks for the offer man, I may well do! Where are you based? We are down south in Reading. We haven't set up any FB/websites as yet, we want to spend a little time understanding how things like auctions work, try to flip 1/2 cars at a time, do it slowly before we advertise as a business as such. Besides, we have to wait until places like BCA open to allow us to attend to buy stock! With regards to facebook, either way , a business account has to be related to a personal account. Personally my facebook account and it's audience is extremely limited/restricted, so it wouldn't bother me linking the two. It's just down to preference I guess.

Hello, Am in similar potion to you so wish you all the best :-)

I've just recently come across him, I can't say i am too impressed, he doesn't really give much in the way of "advice", it's more of a blog for him to "show off." Chris form flipping cars seems like he is genuinely happy to share his tips/ideas to help others get on. Sorry my first post so Hi all!