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Hi Guys, new to the trade and I’m starting in the next few weeks by selling from home. My budget for my first car is around 18-20k. I have ran a couple of successful businesses in the past but to be honest I don’t like them they just make money but cars have been my passion and joy for years. I’ve done a fair amount of research and have spoken to a few people but there is still some gaps in my knowledge that I would appreciate you guys helping me out with so firstly its been mixed advise advise on whether or not to get motor trade insurance and set up a Ltd business from the get go? For the V5C when buying and selling how do I fill out the form so i don’t own the car personally as I don’t want to add another owner to the list if that makes sense. Cheers Oli

What’s happened to all the ‘professional motor traders’? I’m sure we’re all having similar issues or have them in the past! Few months ago dealer puts an Audi S5 on ATM – Late on about 6.15ish, I called him straight away to check on the spec as ‘nothing ‘ was mentioned, he ASSURED me it was black with black leather , sat nav , Bluetooth pretty much it – he had just picked it up and was driving it , I said I was very keen 99% but just need to call customer to confirm, he said no problem and that I had 1st refusal -confirm in the morning ! I emailed an Audi colleague to spec check the car, 8.00am next morning I have the spec checked. The car has ‘tan’ leather, sunroof, + few other bits. I rang about 8.15ish, goes to voice mail, land line no answer, and send an email to say I’d buy the car- no reply. Waited until 9.00 rang mobile no answer, tried 20 mins later got to speak to the man “sold mate sold it last night! “ I said you.. “Sorry gone you’re too late and put phone down!†OK the tan leather wasn’t a problem for my customer BUT what a pack of lies – he’s just picked it up, tan & Black – some difference! How can you miss the sunroof? One thing for sure I’d never ring the dealer again – totally unprofessional Two weeks later I did find the perfect car and a dealer who was just as impressive- in fact he went ‘above & beyond’ he’d told me 1 wheel refurb but because I’d specifically asked about the wheels he went out again after doing the deal and said he was wrong 3 wanted doing (2 weren’t too bad) but he felt he had misled me – AND Got them all refurb before I got the car collected! That professional ! Another two last & this week! Rang a dealer about a prestige car circa £40k, told me it was sold but I have another one coming in tomorrow! Great gave me all the details and promised to send me some pictures.... 4 days later I got 2 pictures. I rang him to ask full details were correct now the car was physical and confirmation of price to me – told me £40K trade – as it will be going up on the front for £42950! Can you believe it on AutoTrader & their web site £39950!!! Finally, I promise I won’t bore you anymore! customer ( very regular ) spots a car on eBay send me a link and says ‘do your magic on this ‘ last 4 cars he’s found and I’ve managed to do deals with dealers/privates! Car is for £9499 – few conversations / emails with the dealer back & forth!. Dealer says happy to trade £9000 – tell your customer £9999 that leaves you a good margin ! I said “ customer has seen it advertised for £9499†! does make you wonder what people think & do !!

just read this on another platform , thought it may be of interest to all on here just in case anyone else has the same situation. Car Sales Vs The Law. Just a heads up guy's we lost a court case 2 weeks ago. A customer purchased a car & within a week we had to replace the clutch. After doing the work the customer did not pick the car up as he wanted his money back, we thought this was unfair as we had repaired the fault. The courts found in his favour, the reason given was we can resell the car and the customer was sold a car that developed a fault early in his ownership! So what do we do next time not even bother doing a repair? Crazy!