David Horgan 564 Posted September 15, 2018 This is a WIND Up isn't it You will need more than 200k to invest my friend ,not worth having you around for that amount. Try again when you have saved some more money . The profit on that small investment wouldn't pay the paper work to make it worth thinking about I'm OUT Share this post Link to post Share on other sites
Lucas 9 Posted September 15, 2018 2 minutes ago, David Horgan said: This is a WIND Up isn't it You will need more than 200k to invest my friend ,not worth having you around for that amount. Try again when you have saved some more money . The profit on that small investment wouldn't pay the paper work to make it worth thinking about I'm OUT I think you are right. Thank you! Share this post Link to post Share on other sites
Lucas 9 Posted September 15, 2018 (edited) Ok, guys. I have to give up the car dealer plan just because I can not get the motor trade insurance due to my driver license only three months old! Plus, I moved to the UK one year ago. So I can not do it myself. Thank you for all the comments. Edited September 15, 2018 by Lucas Share this post Link to post Share on other sites
MattR 177 Posted September 15, 2018 wonder which forum he will be on next? Is there one for estate agents? drug dealers? Share this post Link to post Share on other sites
Lucas 9 Posted September 15, 2018 Just now, MattR said: wonder which forum he will be on next? Is there one for estate agents? drug dealers? Good joke. But not fun at all. Thanks. Share this post Link to post Share on other sites
NOACROSS 414 Posted September 15, 2018 The title of the post and a sense of humor? ;0) Share this post Link to post Share on other sites
Lucas 9 Posted September 15, 2018 Not at all. Just a new guy wants to get in the industry buy found out that he is not qualified to buy the insurance. That is what I mentioned before with zero experience. It's ok if this makes some fun for some of you. Share this post Link to post Share on other sites
David Ayers 171 Posted September 15, 2018 4 minutes ago, Lucas said: Not at all. Just a new guy wants to get in the industry buy found out that he is not qualified to buy the insurance. That is what I mentioned before with zero experience. It's ok if this makes some fun for some of you. In that case start off working for someone else and learn at their expense. I'm sure there are dealers who are looking for cheap help, you can use some of your £200000 to subsidise your wages. Share this post Link to post Share on other sites
NOACROSS 414 Posted September 15, 2018 You need thick skin to be in this game and must not take yourself too seriously: having a bit of a laugh along the way is essential. You've had lots of good advice- the best being just buy a few cars yourself and learn as you go or get involved somewhere as above. For the record: I would do ANYTHING else than this if I were you. 1 Share this post Link to post Share on other sites
Lucas 9 Posted September 15, 2018 1 minute ago, David Ayers said: In that case start off working for someone else and learn at their expense. I'm sure there are dealers who are looking for cheap help, you can use some of your £200000 to subsidise your wages. Thank you David. But I am in a complicated position. I am not allowed to work for anyone else for some of the immigration law restriction. So, I have to own the business and work for myself only. 5 minutes ago, NOACROSS said: You need thick skin to be in this game and must not take yourself too seriously: having a bit of a laugh along the way is essential. You've had lots of good advice- the best being just buy a few cars yourself and learn as you go or get involved somewhere as above. For the record: I would do ANYTHING else than this if I were you. This is nice. Thanks! Share this post Link to post Share on other sites
EPV 631 Posted September 15, 2018 6 minutes ago, NOACROSS said: You need thick skin to be in this game and must not take yourself too seriously: having a bit of a laugh along the way is essential. You've had lots of good advice- the best being just buy a few cars yourself and learn as you go or get involved somewhere as above. For the record: I would do ANYTHING else than this if I were you. Oh come on, there’s plenty worse than this! Cleaning toilets, sweeping the roads, dustmen, wiping old people’s arses, all commendable jobs but certainly plenty worse than owning your own car trading business Share this post Link to post Share on other sites
Lucas 9 Posted September 15, 2018 I will continue to try if any insurance provider can offer me a motor trade insurance under my circumstances. Otherwise, I have to find something else to do. Share this post Link to post Share on other sites
NOACROSS 414 Posted September 15, 2018 2 minutes ago, EPV said: Oh come on, there’s plenty worse than this! Cleaning toilets, sweeping the roads, dustmen, wiping old people’s arses, all commendable jobs but certainly plenty worse than owning your own car trading business Ha yes-, for sure, with £200k I meant and a sense of humor bypass. 3 minutes ago, Lucas said: I will continue to try if any insurance provider can offer me a motor trade insurance under my circumstances. Otherwise, I have to find something else to do. I've never known an issue getting trade insurance. Have you tried a broker? I use Alan & Thomas. Share this post Link to post Share on other sites
EPV 631 Posted September 15, 2018 Oh yeah. With £200k i’d Set up a bog cleaning firm Actually i’d set up a roadside assistance company. Heard many a time that the demand is outweighing the supply Share this post Link to post Share on other sites
NOACROSS 414 Posted September 15, 2018 That's a crap idea. ;0) Seriously though, the Portaloo hire people seem to be rolling in it! (No pun intended) Share this post Link to post Share on other sites
Lucas 9 Posted September 15, 2018 7 minutes ago, NOACROSS said: Ha yes-, for sure, with £200k I meant and a sense of humor bypass. I've never known an issue getting trade insurance. Have you tried a broker? I use Alan & Thomas. Thank you NOACROSS. Will try brokers now and next week. I also never realise that the motor trade insurance companies only accepted who live in the UK more than two years and held the UK full license at least one year! Until today, I called them, at the end of the application got denied because of that! Share this post Link to post Share on other sites
andymc1973 199 Posted September 15, 2018 56 minutes ago, Lucas said: I will continue to try if any insurance provider can offer me a motor trade insurance under my circumstances. Otherwise, I have to find something else to do. hire some muscle and buy 2 kilos of coke Share this post Link to post Share on other sites
Rory RSC 596 Posted September 15, 2018 2 hours ago, andymc1973 said: hire some muscle and buy 2 kilos of coke 2, He could probably get 6 for that Share this post Link to post Share on other sites
stockedup! 63 Posted September 15, 2018 Don't say that NOACROSS...…. we all know it's the best game in the world...… when cars are a selling!! Share this post Link to post Share on other sites
tradegirl 112 Posted September 15, 2018 2 minutes ago, stockedup! said: Don't say that NOACROSS...…. we all know it's the best game in the world...… when cars are a selling!! What is it about this job that we actually enjoy? Being your own boss? Selling something for a profit? The search for a nice motor and the satisfaction when you pick one up for a nice profit? Share this post Link to post Share on other sites
andymc1973 199 Posted September 15, 2018 13 minutes ago, tradegirl said: What is it about this job that we actually enjoy? Being your own boss? Selling something for a profit? The search for a nice motor and the satisfaction when you pick one up for a nice profit? its the birds Share this post Link to post Share on other sites
stockedup! 63 Posted September 15, 2018 I started in the mid eighties as a young buck straight out of school with no decent qualifications. It was more about the cars I got to drive at a young age, XR2's XR3i's 205 GTi's Astra GTE's. The money was also very good for one so young. We had a freedom back then to actually learn the job, dealing with traders and valuing our own cars etc. As time went on the more controlled and regimented the job became, some groups didn't want experienced people....they wanted people who could follow their "process". I was fortunate that I always worked for smaller multi franchise dealers who weren't as rigid as long as the results were there! The hours were crazy though,,,,,,welcome to the motor trade, but it does get in your blood.I decided to go on my own when manufacturers started employing graduates to come into your business to tell you how it should be done, they didn't have a clue. most had never even sold a car. Making money is why I do it and it is what I know. Being your own boss is fantastic and I try and focus on the good punters out there and give them a good experience. 2 Share this post Link to post Share on other sites
Arfur Dealy 823 Posted September 15, 2018 On 14/09/2018 at 3:53 PM, MrV said: Benji is that you? Like Share this post Link to post Share on other sites
stockedup! 63 Posted September 15, 2018 Didn't have you down as a pigeon fancier Share this post Link to post Share on other sites
Stalker 180 Posted September 15, 2018 32 minutes ago, andymc1973 said: its the birds Don’t talk to me about the birds.... our stock has been blitzed by blackberry eating birds! Share this post Link to post Share on other sites