Rosemotors

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Posts posted by Rosemotors


  1. Thanks everyone.

    Unfortunately the only funding open to me now is on unsustainable terms. So I'll take my remaining stock home and trade as Kerbside Independent Traders until a job comes up. Not how I want to trade but what can you do?


  2. Hi fellas

     

    It breaks my heart but I've got to close the doors. The writing's been on the wall since I fell out with my stock funding partners.

    I guess I'm job-hunting now.

     

    So, thanks for all the advice, the banter and the insights.


  3. In the short term the uncertainty that has killed sales in the run-up will continue now that Cameron has resigned and beyond that until we know if our new PM will serve until 2020 or seek his/her own mandate. It's a disaster!

    In terms of Brexit itself, Toyota, Honda and Nissan will close their UK plants and move them to Europe.

    We're about to enter a self-inflicted recession. The Luxury market will do okay as the cost to change comes down but the bread and butter market is pretty much screwed.

    I think I'm out & back to taking someone else's shilling.


  4. IN

    For so many reasons, not least the amount of legislation and regulation that would have to be undone and redone. That'd take 20 odd years of Parliament's time. Time which could be used better.

    Plus the leading OUT campaigners are generally the people I despise the most in Politics.


  5. I've just had an hour-long chat with my rep about this (amongst other things) and she trotted out all the old lines "it's the start of a conversation" etc.

    It's falling on deaf ears because they're only interested in key accounts . My  10 cars won't make the slightest difference to them.

    But if the big dealer groups made some noise they'd listen. And do deals that simply aren't available to us. It's bad enough that we have to pay extra just to appear in a useful position (try being on a basic package and searching for your cars from a mobile!!).

    I'm ranting incoherently so I'll shut up now.


  6. 1 hour ago, justina3 said:

    maybe instead of not naming names we should name names maybe that way someone might suggest a decent company to deal with, 

    Just one thought, how would you keep the car on sale until all monies received ? wouldnt you end up with some serious angry customers if you start selling cars from underneath people or are you still venting and didnt mean that 

    It's not "my" finance company; it's one that advertises on Autotrader. As for the customers, sometimes it's them delaying things so if I tell them how difficult these companies can be and why, they might just get their skates on with the paperwork.

    2 hours ago, Gavin@Rousdon said:

    Has the same once when the company wanted me to send pictures of my site, my office etc. Then more pictures because it only had half my sign in it. Painfull. I'm guessing it's Moneyway or a company like that.

    I'll text you


  7. Without naming names, I've been dealing with one of these companies for over a week now and all I've had is broken promises and outright lies.

    I've been told they have everything they need from the customer only for them to decide they need something else just as they're preparing to pay out. Frankly I'm sick of it. I've had to turn away 3 customers on the same car because I was stupid enough to take a deposit from the end user.

    They're grossly unprofessional to deal with. But lesson learned. Cars will now stay on sale until all monies received.


  8. Hazards of the job, I'm afraid.

    As a (very) small business (10 cars) I always ask them to let me know. And mostly, they do. I don't see them as time-wasters. Just boring old farts (there's plenty round here!) that help me pay my Autotrader bill.


  9. Another vote for Worldpay here. When I first opened, my bank's preferred provider wanted a business plan before they'd even come and see me. Worldpay came out and set me up. It took a few weeks, but it was worth it to be able to take debit cards for pence.

    Close Brothers were very helpful as a finance house but all of them wanted 12 months trading before taking me on.