Mark101 536 Posted February 16, 2019 My average turn is about 60 days, some are 9 months, some same day but average 60. Question: when do you start and stop the counter because I think I maybe being to harsh on myself. Day 1 when hammer falls to last day when collected by customer. From hammer to delivery can be 7 days, prep 7 days then from deposit to collection can be 7 days. That can add 21 days when car was not really available. Share this post Link to post Share on other sites
Nick M.K. 574 Posted February 16, 2019 (edited) Advert live to deposit paid. But I’ve stopped counting years ago. I used to be a busy fool trying to turn over cars really quickly but eventually understood that one car sold for £1500 gross is much better than two for £750 because of all the little added costs of multiple sales. Also having cheap stocking facility has reduced the pressure to have to be paid quickly so I can buy new stock. Edited February 16, 2019 by Nick M.K. 1 Share this post Link to post Share on other sites
EPV 631 Posted February 16, 2019 I record 2. Hammer to on sale. On sale to sold. The latter is 35 days and the former around 4 days. 39 is my average days to turn. Share this post Link to post Share on other sites
Mistermuttley 19 Posted February 17, 2019 I start from when the hammer falls. I do it this way because for me it gives me more impetus to get stuck into the jobs that need doing on a car. A rough average turn for me when I started would have been around 30 days, that was when i was selling 1 to 3k stock. Now my average price is around 3-4k I am finding it is taking 60-70 days for each car. I had a Peugeot 207 for 5 months and that had just gone in January. For me its the longest car I have ever had and not being used to sitting on stock I used to look at it every day and pray for the 'one call'! I am now more comfortable with waiting for stock to sell but it has taken a while to just relax and just bide my time for a buyer. What I have found is that if something is below £1500 and clean with a full Mot it will normally go really quickly. The only problem with these cars though are because the margin is tight anything you spend on them quickly eats into your profit. Share this post Link to post Share on other sites
Stalker 180 Posted February 17, 2019 Stock turn is simply how long it takes from purchase (hammer dropped) to sale (paid in full) in my opinion. Share this post Link to post Share on other sites
trade vet 704 Posted February 17, 2019 We all get ‘stickers’.If you think they are no longer good value,don’t be frightened to chop them brutally.You often then shift them quickly and get a good retail swapper to help you out.The big operators need regimental stock turn policies because ‘the wallys’ they employ are not allowed to make decisions like ‘knock a grand off that one’ etc. 1 Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted February 17, 2019 i personally am counting from purchase date to date delivered dont like counting chickens and all that............................. last yr my average stock turn was 30.9 days average Share this post Link to post Share on other sites
Lucas 9 Posted February 17, 2019 (edited) Question: during that 30-60 days, do you guys need to continuing charge the battery to keep it in full? Edited February 17, 2019 by Lucas Share this post Link to post Share on other sites
Nick M.K. 574 Posted February 17, 2019 Lucas are you kidding? Share this post Link to post Share on other sites
EPV 631 Posted February 17, 2019 40 minutes ago, Lucas said: Question: during that 30-60 days, do you guys need to continuing charge the battery to keep it in full? Get back in your box in the private room please Share this post Link to post Share on other sites
Lucas 9 Posted February 17, 2019 48 minutes ago, Nick M.K. said: Lucas are you kidding? I am asking because I went to Audi main dealer; I saw they do that. Also, I saw a man doing car storage business; he has the maintainer on every parking space to keep every car's battery in full all the time. And I find one of my car battery ran flat after two weeks not moving it. Another one almost ran out battery. So, I think maybe a good idea to charge them all the time, or regularly. 47 minutes ago, EPV said: Get back in your box in the private room please Sorry, mates! my question out of the topic. Forgive me! Share this post Link to post Share on other sites
Tony911 79 Posted February 17, 2019 1 hour ago, Lucas said: Question: during that 30-60 days, do you guys need to continuing charge the battery to keep it in full? Share this post Link to post Share on other sites
Arfur Dealy 823 Posted February 17, 2019 7 minutes ago, tradex said: May need to clean them too Giving them a lick first with a sloppy saliva covered tongue helps aswell Share this post Link to post Share on other sites
David Ayers 171 Posted February 17, 2019 (edited) 4 hours ago, Lucas said: Question: during that 30-60 days, do you guys need to continuing charge the battery to keep it in full? Be very careful charging/jump starting modern cars. Better to start them regularly and give them a run when the roads are clean Edited February 17, 2019 by David Ayers 1 Share this post Link to post Share on other sites
grant8064 219 Posted February 17, 2019 7 hours ago, Stalker said: Stock turn is simply how long it takes from purchase (hammer dropped) to sale (paid in full) in my opinion. +1 Money out until money in and cleared. Stock turn is a thing I see a lot of people get hung up on, almost boasting they have a short forecourt turnover period. I understand with people serving big stocking loans but for us normal traders I have never understood the fascination. I could turn my entire forecourt in two weeks if everything was cut back to the bone but I wouldn't have much of a business or wage packet at the end of it. Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted February 17, 2019 you have a wage packet Share this post Link to post Share on other sites
