New into the trafe

[barlos1973 0]

Hi everyone. 

 

I have recently startee to trade, on a very small scale due to financial restrictions etc and ofcourse the natural worry about the 'unknown'.  Got trade plates, FCA registered etc but so far decided to sell from home ( has its positives and negatives....)

 

Anyway one thing I am struggling to overcome is a decent source of cars. Thus far I have brought most of the 8 cars from ebay. 1 car from BCA ( before registering as a trader and got stung with the buyers fees - learned a costly lesson!!). 

 

AI have ecently been checking online trade only auctions, as I am getting tired of bidding against 'my punters' on ebay, but not being VAT registered yet can not see what type of prices the cars are going for. However managed to open a account with auction4cars and I have to say I am a bit dissapointed. I think I can better deals sourcing Ebay. Plus so many of there cars have reserve prices, and I am not entirely convinced of there Retail/Trade price. Got a Corsa 1.3 cdti 2012, 5 doors with FSH and 112k. Have had it on gumtree for a week now at 2995 and this has not exactly had people flooding me with calls, yet auction4cars would have it down for 3700 probably. 

 

Any views or assistance would be greatly appreciated.

 

cheers 

Barlos

[Ocsltd 133]

Work on your spelling and punctuation......

[barlos1973 0]

Using a small mobile phone for typing. Well thats my excuse! 

Cheers

[Max Branning 149]

Its a bit worrying that you are not Vat reg but can get an account with A4C. I thought it was mandatory for an account with them but maybe i am wrong. Either way the guide prices they offer are exactly that a "guide". They work off of cap prices. 

Only you can work out your retail price and work backwards from that. 

[barlos1973 0]

Dont worry. You still have to show trade insurance, trade plates, recent sales and in my case forwarded then my FCA approval to show that I was a genuine trader and not some private buyer hoping to save a few quid;)

 

 

[metcars 395]

 

21 hours ago, barlos1973 said:

Dont worry. You still have to show trade insurance, trade plates, recent sales and in my case forwarded then my FCA approval to show that I was a genuine trader and not some private buyer hoping to save a few quid;)

 

 

Might I be the first to welcome you to the forum. Good luck, newbies tend to be viewed with suspicion until they've passed the test. "The twelve labours of Hercules" springs to mind

[barlos1973 0]

Thanks metcars!