XFS

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Everything posted by XFS

  1. So, there is a car at Blackbush today which interests me. It is listed as 30K warranted miles and there is a DVLA milage discrepancy listed. My check on the MOT history reveals that its first MOT shows 13k miles, second MOT shows 0 miles and its third MOT shows 7k miles, so in 2 years the car has covered -6k miles. So, how can the miles be warranted? Its a two owner FSH prestige car. I have brought this to the attention of BCA and asked if the SH shows a clock change, someone was supposed to get back to me, but no surprise...not a dicky bird yet. I won't be bidding on the car now, but note that it still shows warranted miles!
  2. My main reservation about your chances is lack of experience. If you have a decent amount of Capital and know the trade and know what you want to achieve you will make money. Its hard not to. BUT...you need to get that experience. Move into the trade gently. DONT...absolutely DONT give up your day job. Dabble, learn, make your mistakes and losses when its doesn't matter to much because you have an income. Once you have a bit of experience AND a decent pot... at least 100k and are confident you can make a living go for it.
  3. Sure. I would to. But don’t expect to get anywhere. My point is, that at some point you will probably get something better than you expected which will be some compensation.
  4. I have found it to be swings and roundabouts. I,ve bought grade 2’s which were 3 or even 4 in my book. I have bought grade 3,s which looked grade 1 and grade 4’s which were easily 2. i,ve been stung on some reports, but won on others. Last week I bought an X5 with a steering fault on the report. It’s absolutely fine.
  5. On my don’t buy list? Mostly what is popular and what everyone else buys. What I like ... Low Mileage scarce model Alfa’s ( Something always needs doing, but I budget for that) High Spec scarce model Jags, Merc’s, Audi’s (particularly estates) Old low miles/low owner M3, Porsche Boxster, TT
  6. You can look at Brexit from a selfish point of view or the wider picture. For me personally it’s been great. In my other business I get paid in US dollars, as the pound weakens, my income has gone up and up. As for the car business, I am looking forward to next year. There will be opportunities whether we leave or not. From a selfish point of view I just want it decided one way or the other. Looking at the wider picture, in the referendum I was undecided. Now I think leaving is one of the craziest things this country has ever done, up there with making Boris PM and almost on a par with the USA making Trump President. However, the people voted and I just want it done and dusted, it won’t effect me much either way, it could certainly screw things for the younger generation though.
  7. There lies the problem. There is simply no party worth voting for. Makes no difference. Remain or don’t remain. Either way the fundamental problem is still there.
  8. Weak leadership and a gullible electorate is our main problem. Now we have some toff in charge who thinks he is above the law. He is not a strong leader, he is a devious self serving individual with a sense of entitlement. I have no idea how to address this. I guess we need need a new broom, where it is coming from I don’t know. Whether or not Brexit happens will not cure the deep rooted problems of weak government and a gullible electorate. I just want Brexit out of the way one way or another.
  9. I am involved in a business which is diametrically opposite of the car trade. The only similarity is the downturn over the last few months...since Boris became PM. In fact. It’s been quite dramatic. I think most businesses have suffered.
  10. I was quite clever and always had good grades but I hated school and left when I was 15 with no qualifications. Started messing around with cars when I was 12/13 and have been dipping in and out of the trade ever since. I started of working on a farm and then got a fairly responsible public service related job and gained professional qualifications to degree level. From the age of 28 I have owned various businesses and I am currently winding up a photography career to concentrate on the motor trade full time. It’s what I promised myself as my wind down towards death or retirement...whichever comes first ...lol
  11. A lot of the tractors nowadays must be as complicated as any diesel vehicle and they survive their life on red diesel.
  12. I have been looking for a Range Rover Sport on a 13 to 15 plate. Anything decent is way over retail money. There are 14 plates on sale at Franchises at 1k to 2 k less than they are making at BCA Everything is ridiculous just now....I though prices were going to soften rapidly in Sept with New Reg/Brexit etc etc?? Its weird...prices were low for a while early summer. I went to BCA Bedford on a may bank holiday and bought five really cheap all grade 1 and 2, same cars 4 months later would be 1k to 2k more. Could have bought loads that day.
  13. People in the trade assume Judges are against them. Mostly Judges are fair and will find based on the law and fairness. No Judge wants to get appealed against. Just hang in there, make sure you are prepared and present everything you can to substantiate your case and the chances are you won't lose.
  14. As they are material witnesses to the case, they would have no choice. If the customer is using them as witnesses then ask the judge if you can have an adjournment as you want them to appear in person so you can cross examine them or have a solicitor examine the evidence. I mean no offence, but on the surface it sounds as if you have not prepared for this case. Taking the information you have given at face value, the case is perfectly winnable, but you would need to challenge the evidence of the main dealer strongly and discredit them...which to be fair should not be that hard.
  15. Buyer Declaration. I have inspected and driven the car. I am satisfied with its overall condition and have accepted any wear and tear to the bodywork, interior, mechanical and electrical components as commensurate with the age, mileage and previous use of the car. Seller Declaration. I certify that the car is delivered in a safe and roadworthy condition and complies with current motor vehicle construction and use regulations and at the time of sale would pass or has passed the current MOT test. Your statutory rights etc, etc, etc As part of my PDI I always MOT a car or if its been MOT,d recently, have it pre- MOT'd by a certified MOT tester. That is exactly what I would do. Its pretty obvious a "free" health check is is close to a scam as you can get without actually being a scam. As part of my court submission I would also want to know how many cars over 5 years old have had a clean bill of health and what the average cost to rectify "faults" found in a "free" health check are per vehicle.
  16. There has been a one owner 35,000 miler on an 07 plate up on auto trader for a couple of months now as a private sale at £8500. Type of car you would need to get for 5k and sit on as long as it takes....because it could take a while.
  17. I,m not saying you should do this, because I'm in the position where I don't mind losing the odd potential sale. But the horror stories I hear on here about awkward customers....I simply couldn't deal with them. I try to "vet" my customer before they get anywhere near the car, that way at least 95% of the time the car sells to the first viewer. I just don't entertain anyone awkward or I suspect will waste my time. For instance, yesterday I had a guy on the phone about a car...Rare, low miles, 9 years old up at 8k. Older and cheaper than my normal stock. Obviously having been on forums relative to the car for hours, he starts asking me for photos of the gearbox (apparently the number gives an indication of robustness) the colour of the power steering fluid, and god knows what else from a list of prepared questions and whether he can organise an inspection with a specialist in the make and whether I would take it their (not a chance, obviously). I said mate, by the time I gather all the information you are asking for and organise a specialist to collect the car and take it back, the car will be sold, so I think you are chasing shadows. He seriously didn't know how to respond.
  18. I thought WBAC only buy from private punters with their name on the V5 ?
  19. I would classify anything mainstream as bread and butter stock. It could be a 6k car or a 16k car. If you can look on Autotrader and see a dozens of examples of the same car, be it a Ford Focus at 5K or a Mercedes A class at 15k, its bread and butter in my book and therefore it will be difficult to compete and make yours stand out. However, if you had a high spec Volvo C30 or a low miles Land Rover Freelander in Aintree Green, or a BMW E46 330CI or a Subaru Outback etc you would stand out as there are not many and people will go to wherever they can get one.
  20. I may have mentioned before in the thread. its not where you are as much as what you are trying to sell and whom you are trying to sell it to. Selling bread and butter to penny pinchers is going to be sole destroying as a home trader because they hold all the cards. Find yourself a niche where you hold more of the cards.
  21. Another A55 story. I lived in the country. When we were kids, the local garage would sell us MOT failures for scrap money. Maybe 3or 4 of us would club together and buy something and then run it to death on the farm roads. I remember acquiring an A55 pick up, the fuel tank was corroded and leaked petrol, so we had a Gerry can in the bed with a line through the cab into the carb. And it was winter and we couldn’t afford anti freeze. In these old cars the block had frost plugs which blew out if the engine froze. I remember not being able to get the right size of frost plugs, to trying to make them fit with cataloy....which wasn’t a huge success to be honest! We were in the 12 to 14 age group, I sometimes wonder how we survived.
  22. Thanks guys. I reckon 2000 odd of storage space is definitely enough. As TV said, if I can go small enough to avoid rates that would be great. SC your situation sounds ideal to me. I don't want visible frontage, the opposite in fact. I was offered a rural place around 3000ft for £800 per month no rates. It would have been great, but the commute was just to far. If I could find somewhere rural with 20 mins of the house that would be perfect...probably won't happen though...so it will be an industrial at around £5.00 per foot I reckon.
  23. You guys who have units. How many medium to large cars comfortably fit in around 2000ft square? would it fit 10? Rectangular. Door to the side rather than central. Im looking at a unit around 2800ft. 800ft odd would be office/prep/maintenance, the rest as car storage. Room for around 4 inc customer parking outside, but as I am absolutely appointment only that means one customer car at a time. thanks
  24. I think you have to be very niche not to offer finance and stock a particular type of vehicle with a limited market. If you have mainstream stock appealing to mainstream customers by not offering finance you have probably ruled out the majority of your potential customers. Examples. Land Rover Discovery Sport Black Edition in Black 66 plate average miles costing 25K - will mainly appeal to a younger buyer and customer has dozens to choose from and many finance deals on offer. Range Rover Sport HSE in Aintree Green, Brown Leather very low miles on a 14 plate costing 28k. If such a car exists, it will probably be the only one in the country for sale and will have limited appeal mainly to a mature audience who probably won't want finance.
  25. Thanks. I will definitely take this on board, it does make sense for when I expand. I am in a different situation from a lot of people in that I do work hard, (although people perceive I have the "dream job"...which is not work at all) and cars have always been my release. I started buying cars and trading a bit when I was about 13, thats quite a while ago. Now its my wind down plan. Doing something I really enjoy for the next 10 years or until I peg it. Whichever comes first. I have no real interest in retiring.