Rory RSC

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Everything posted by Rory RSC

  1. Whats a stocking loan quota and why would you be penalised for not using funding? If you have stocking you still have to make money on the cars you know, its still business. I use funding, I don't have a quota or target, its is my business and my rules. It allows us to hold more cars than we could organically and by using 'their money' I get to make more money for me. I get the panic selling if its coming to an end but at the moment we simply cant buy and sell quick enough seems like anything we buy stick £2/3k on it and its gone in no time. Cant fathom why anyone with funding wouldn't be aiming to make money.
  2. Why would the car dealer with stocking not sell for profit? Dont understand?
  3. First thing I thought was just cheap sales. Its the way it needs to be.
  4. Bang on. sell some mondeo / galaxy size cars with a fresh oil change and a new mot ten times easier
  5. They really are not pleasant to sell cars to. Terrible customers, had a few problems and that have ended up being linked to that proffesion.
  6. All cars are vat margin unless its a vat qualifying car. You still pay margin even if you buy a car from a private punter thats not vat registered.
  7. Motonovo are good for campers and then you will want a good broker alongside them.
  8. I think with online delivery if you were fairly central and could cover most of the uk within 3/4 hours would make more sense right? It aint about forecourts and nice pitches for the most part its an online pitch. On a rare well specced car I get it but a lot of the time for a Vauxhall Adam or a Ford Fiesta ST / Focus ST or something I always think there must have been about 3 million between me in cheshire and them in inverness
  9. Don't get the regional variances now with everything online, completely changed things.
  10. Do you know him? do you hold high regard for anyone successful in the car sales job ? What’s wrong with owning a Ferrari and being worth a few quid ? isnt the true story floating about here that some kids threw stuff at his Ferrari?
  11. Did you see this coming as I remember you buying 40 cheapies and stashing them away. Are they all long gone now?
  12. Just got to move to market, I don't think many people will lose out on stock but at worse see a shift and if you are quick to react make a small profit, break even and then as you restock to current pricing everything will level off again.
  13. I've been buying a few main dealer bits and then marking them up when they price them low on autotrader or take 9 pics and don't bother cleaning them. New stock sourcing methods.
  14. Plus no better feeling than someone going away when you won't discount 'just cos', selling to someone else at the asking price or even better with a nice px / finance ( both ) and then the original person rings back and gives you the great news that they have actually decided to go for it only to tell them it has sold.
  15. Having to work a lot harder to do the deals with some of these walk in customers.
  16. Never a truer word. local rep is now reviews, as a small business ( compared to cazoo etc) offering all the services they do but by being better than them, prepping better, making it an easier and more pleasant experience and generating the reviews off the back of that are the 2021 local reputation.
  17. I sold one to a customer for £22k a year ago. Just bought it back for £20k as he is into a company car. I suspected it would sell around the £22k mark. Its generating interest at £24k. Prices on these are mental if they have spec, if they have no options or spec not an easy sale. The volume lease ones are plentiful, its the ones that have good options that are strong money plus a lot of the VW fanboys ( Vaggots) all hate the newer MK8 which will see these prices high for a bit yet.
  18. Agree strongly with this. Questions are totally different aswell with buyers / tyre kickers. I don't think we have ever sold many to people whos first question is can I drive it for example.
  19. These last few months are on fire. Can't buy, prep and sell quick enough. How long is this going to last? Trying our best to run to appointment only. Much easier to manage and offer a decent experience Vs people just turning up unannounced. I think we have dealt a total of 2 just turn ups out of maybe 25/30 but much higher conversion with the appointed customers, particularly the ones who have left a deposit. How is everyone finding things?
  20. They love taking them for a service or check when they think you are going to be paying for it.
  21. Oil and filter change and new mot. 2 benefits - it’s a selling point. You know the car is right and it then keeps it away from going to a garage to rip it to shreds. what’s the cost on something like that £15 for parts and maybe £20 for someone to do it. no brainer. You can add what looks like a lot of value to a retail customer for not a lot of value to you.
  22. Dont lie you had a little crank over it earlier using tears a lube
  23. Probably full of people laughing at what a miserable old bastard you are more like.