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Lucas

Taking over a small garage

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3 minutes ago, Lucas said:

Thank you. This car meant to be money lose since I bought it at a very high price. In fact, all my cars on hand right now will lose money, just because of the purchase prices are too high. These are some lessons I have to pay.

This is why newbies should start off with low priced bangers. You dont lose out on much.

In total i think i lost about £700 in total from 4 tatty cars out of 35 i sold in my first year. I stuck to sub £2500 for this very reason. 

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Agree ECJ. You can learn the trade without risking huge amounts of capital. I spent 10+ years in the franchised dealer groups and I learned there how easy it is to lose your shirt if you get it wrong.

 

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Could this be an epic 10 pager.... Half way there :D

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3 minutes ago, L-P said:

Agree ECJ. You can learn the trade without risking huge amounts of capital. I spent 10+ years in the franchised dealer groups and I learned there how easy it is to lose your shirt if you get it wrong.

 

Also you need to look at "invest and return"

For example you can buy a car at 1500 sell for 2695 or buy something at 5500 and struggle to sell it and you sell it at 6495 months later. 

It doesnt mean the more you invest the more you will make. In fact you should be looking at buying the 1500 and buy a couple more with the 4000 left over rather than one at 5500...Lucas!

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9 minutes ago, ExCouncilJobsworth said:

Also you need to look at "invest and return"

For example you can buy a car at 1500 sell for 2695 or buy something at 5500 and struggle to sell it and you sell it at 6495 months later. 

It doesnt mean the more you invest the more you will make. In fact you should be looking at buying the 1500 and buy a couple more with the 4000 left over rather than one at 5500...Lucas!

Wow. This idea great. I should do it this way. Will keep an eye on this price range. Thanks. 

Edited by Lucas

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42 minutes ago, Lucas said:

Wow. This idea great. I should do it this way. Will keep an eye on this price range. Thanks. 

Oh god. It was just an example. Am not saying all cheap cars are profitable!

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Just now, ExCouncilJobsworth said:

Oh god. It was just an example. Am not saying all cheap cars are profitable!

No worries. I got it. To be honest I just never take a look at the less than 5K range. So, your example reminds me of something I am missing. Thanks.

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7 hours ago, Lucas said:

No worries. I got it. To be honest I just never take a look at the less than 5K range. So, your example reminds me of something I am missing. Thanks.

I think you need a day at BCA at the coal face with a few of us, pay us back in the caff 

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7 minutes ago, justlooking said:

I think you need a day at BCA at the coal face with a few of us, pay us back in the caff 

This is a great idea. How about at BCA Blackbushe? I used to get there every day.

Just received an email from BCA said their will close from 21th Dec to 2nd Jan. So we can meet next year. See you guys in 2019 there.:)

Edited by Lucas

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36 minutes ago, Dave2302 said:

Fuuuuuuuuuuuckin' 'ell :rolleyes:

Blackbushe is only round the corner from you Dave! Stop moaning ;0)

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Only another 6 pages to go chaps come on 

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1 hour ago, NOACROSS said:

Blackbushe is only round the corner from you Dave! Stop moaning ;0)

A rather large 600 odd mile corner :D

I'll single handedly rebuild the fuckin' wall if need be :lol::lol::lol:

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I'm up for a free breakfast courtesy of Lucas. But how many of us will be standing there waiting for him?

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2 hours ago, Arfur Dealy said:

Whenever I hear “Black bush” it makes me giggle .......  :ph34r:

In our office we had a Red Bush, we even got her her own tea bags :ph34r:

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57 minutes ago, Dave2302 said:

In our office we had a Red Bush, we even got her her own tea bags :ph34r:

Redbush tea makes a refreshing brew :P

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2 hours ago, Arfur Dealy said:

I'll take a drink from any bush.....  :ph34r:

Me to ..................... Brazilian ??????? :ph34r:

:lol::lol::lol:

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