JDM1983 28 Posted August 9, 2019 I’ve just sold my MX5 this week and now it’s gone the enquiries are coming in faster than ever and I wish I had a couple more! One chap has asked me to source one for him, which in theory I’m happy to do, but not without some commitment on his part as I don’t want to waste time and money. Just wondering how you guys approach this to ensure the customer has some skin in the game? Share this post Link to post Share on other sites
JA Trader 58 Posted August 9, 2019 i have been asked this a few times with the minis pay me 10% of what you are looking to spend and 2-3 week to source something if i cant you can have your money back. Only done it once but worked out well happy customer. 1 Share this post Link to post Share on other sites
Casper 272 Posted August 9, 2019 21 minutes ago, JA Trader said: i have been asked this a few times with the minis pay me 10% of what you are looking to spend and 2-3 week to source something if i cant you can have your money back. Only done it once but worked out well happy customer. This is the way to go . 1 Share this post Link to post Share on other sites
It's me 615 Posted August 9, 2019 youve sold one so you know you can sell another i can see the couple now youve just bought this peach of a car for them what are they doing walking round with their arms folded shes pointing at a stone chip with her shoes because its easier than using her fingers hes there in the shorts waiting to rev it its just a little more miles than what we wanted he says (but its 2000 less than the original one) im not sure about the colour it looked different online what will you be doing with the tyres etc etc etc dont bother,only greed takes you down this path of thorns 3 Share this post Link to post Share on other sites
David Horgan 564 Posted August 9, 2019 Depends if its a car we stock as far as I'm concerned . If it is I ask for a time scale of 1 month and £1,000 up front . If it isnt a car we stock I ask for 50% of retail price . eg A guy asks me to source a BMW 320d Convertible in white with Black Leather yesterday , he's got 10k to spend so I said I don't stock those so I need 5k . He wanted to look round it first he said then make his mind up . Its A BORIS NO DEAL THEN I SAID 2 Share this post Link to post Share on other sites
tradegirl 112 Posted August 9, 2019 Sounds like a pain to be honest. But I know there are traders who do this and do well. We've only ever sourced cars for friends. They've never been cars we'd ordinarily sell, so they know they can't let us down. David's approach sounds good though. Share this post Link to post Share on other sites
JA Trader 58 Posted August 9, 2019 9 minutes ago, David Horgan said: Depends if its a car we stock as far as I'm concerned . If it is I ask for a time scale of 1 month and £1,000 up front . If it isnt a car we stock I ask for 50% of retail price . eg A guy asks me to source a BMW 320d Convertible in white with Black Leather yesterday , he's got 10k to spend so I said I don't stock those so I need 5k . He wanted to look round it first he said then make his mind up . Its A BORIS NO DEAL THEN I SAID Exactly the way to do it. I personally only source cars that i stock so that if they change there mind i have new inventory at a discounted rate. 1 Share this post Link to post Share on other sites
JDM1983 28 Posted August 9, 2019 Thanks all. I went along those lines, and he disappeared, so clearly not so serious after all Share this post Link to post Share on other sites
Tony911 79 Posted August 9, 2019 8 hours ago, jason doyle motor sales said: youve sold one so you know you can sell another i can see the couple now youve just bought this peach of a car for them what are they doing walking round with their arms folded shes pointing at a stone chip with her shoes because its easier than using her fingers hes there in the shorts waiting to rev it its just a little more miles than what we wanted he says (but its 2000 less than the original one) im not sure about the colour it looked different online what will you be doing with the tyres etc etc etc dont bother,only greed takes you down this path of thorns 8 hours ago, David Horgan said: Depends if its a car we stock as far as I'm concerned . If it is I ask for a time scale of 1 month and £1,000 up front . If it isnt a car we stock I ask for 50% of retail price . eg A guy asks me to source a BMW 320d Convertible in white with Black Leather yesterday , he's got 10k to spend so I said I don't stock those so I need 5k . He wanted to look round it first he said then make his mind up . Its A BORIS NO DEAL THEN I SAID ^^^^ This Share this post Link to post Share on other sites
Mark101 536 Posted August 10, 2019 (edited) Got to be careful what I write, includes: live story. I have only ever had one real success story and am now searching for car 5 for someone who has always kept his side of the deal, no quibble. He asked me to find one for his mate (well introduced us to each other), wanted a late Focus. Been quoted for a 1.0 ECO shite from main dealer. I warned him off them and he asked me to find him a different model. My search began............. Whilst handing over car number 4 to my regular, I said how is your mate getting on. He said, the tw*t has bought a 1.0 ECO shite, didn't he call you to turn off the search....erm, no. Live: (make model deleted incase a Google search reveals itself to customer) Customer looking for 3rd car said can I find X for him any colour under 50K miles, upto £150 month with £2,500 dipper and his Ren.C in PX (like I say, the family already have two cars from me). 1 week later, sourced from Preston. Win (over book) X with 35k FMDSH and sport model in white, make all the figures work to meet his exact requirements. I let him know and he says great followed by radio silence. I thought (millenial), Whatsapp him (atleast I can see if he has seen my message). Please can you send me a £100 deposit to secure car and let me know when you want to collect. Said he will get back to me. 24 hours pass. I say that I need to know what he is doing because of collection, MOT, prep etc. Nothing back... I sink a few G&T's that evening and I am pretty miffed, so just send. "hello?" The reply was, I didn't expect you to find something so soon and I need to sort stuff out. I will give you an answer tomorrow. I thought What???? I sent a long message about how I work hard to find a specific car, not just any old junk, I have delivered what you asked etc etc. Anyway, reckon parents gave him a right telling as a dipper arrived at 9am the following day. I will NEVER do another car source without a NON refundable £500 deposit (unless I can't source within 1 month). Edited August 10, 2019 by Mark101 Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted August 10, 2019 Biggest issue with car sourcing is that the customer will still carry on shopping / looking at the same time as you are looking, I have been asked to source cars before but the £500 deposit and 4 weeks to find suitable model always catches out the none serious (thank god) they all want you to put time and effort in then have a look at it and then add it to there list off possibles, Share this post Link to post Share on other sites
JDM1983 28 Posted August 10, 2019 2 hours ago, Blenheim Car Sales said: Biggest issue with car sourcing is that the customer will still carry on shopping / looking at the same time as you are looking, I have been asked to source cars before but the £500 deposit and 4 weeks to find suitable model always catches out the none serious (thank god) they all want you to put time and effort in then have a look at it and then add it to there list off possibles, I’m glad I sought the advice of you guys before getting dragged down this sourcing road. As I said, I made them the £500/1 month offer, and he said sounds good, I’ll let you know, before promptly disappearing of the face of the earth. Could have been a big waste of time, and money! Share this post Link to post Share on other sites
adomanim 0 Posted January 20, 2020 (edited) If you incorporate sourcing and selling cars into your grinding routine effectively, you can make around $420k/hr. (nope, not a typo/joke!) Basically, once you have every low/mid-end car in your warehouse Tutuapp 9apps Showbox Edited January 21, 2020 by adomanim Share this post Link to post Share on other sites
BHM 994 Posted January 20, 2020 4 minutes ago, adomanim said: grinding routine Anyone fancy a bit of grinding with adomanim? Share this post Link to post Share on other sites
David Horgan 564 Posted January 20, 2020 54 minutes ago, BHM said: Anyone fancy a bit of grinding with adomanim? There's a MAN & DOM is his name , I'm out no grinding for me 1 Share this post Link to post Share on other sites
JDM1983 28 Posted January 20, 2020 3 hours ago, BHM said: Anyone fancy a bit of grinding with adomanim? For 420k an hour I’d do a lot of things Share this post Link to post Share on other sites
Padstar 0 Posted January 24, 2020 A lot of time can be wasted trying to source cars for people. By the time you’ve found one and let the customer know they’ve gone and bought one without letting you know. Without a hefty deposit I wouldn’t bother. I just say from now on if something comes in or if there’s something we would be prepared to go on with ourselves if you didn’t buy it. Then there’s not much time wasted. Share this post Link to post Share on other sites
CCC 31 Posted January 26, 2020 On 1/24/2020 at 7:30 AM, Padstar said: A lot of time can be wasted trying to source cars for people. By the time you’ve found one and let the customer know they’ve gone and bought one without letting you know. Without a hefty deposit I wouldn’t bother. I just say from now on if something comes in or if there’s something we would be prepared to go on with ourselves if you didn’t buy it. Then there’s not much time wasted. This exactly based on similar experiebce Share this post Link to post Share on other sites
RhinoHorn 7 Posted January 27, 2020 Our business is solely car sourcing... we don't take deposits before searching. All of our customers now are pretty much recommends... stock we hold is just part exs. We've done 16 car search deals this month. It's possible to make it work, our customers totally buy in to our process and trust us. it's rare that they buy elsewhere... and often when they do... they come to us a year later saying they made a big mistake, wish they have listened to us in the first place and ask us to get them a different car. Been doing it for 15 years now. Share this post Link to post Share on other sites
David Horgan 564 Posted January 27, 2020 3 hours ago, RhinoHorn said: and often when they do... they come to us a year later saying they made a big mistake, wish they have listened to us in the first place and ask us to get them a different car. What big mistakes do they make when looking at a car themselves then ?, If they come to me for the same car your trying to look for, it wouldn't be a mistake would it as they have what they wanted in the first place . If they wanted an Audi S3 from you and went and bought Ford Fiesta ST instead then that shows how unstable they were in the first place . You obviously make it work after 15 yrs and bloody good luck to you as well as you deserve the deals after searching for their requirements , I just think those sort of customers expect me to find it , clean it , service it , present it, stump up the cash , price it less than mkt , ring them up for them to say " Sorry i changed my mind I now want a black one " and thats why its a Deposit in my books . 1 Share this post Link to post Share on other sites
BHM 994 Posted January 28, 2020 11 hours ago, David Horgan said: I just think those sort of customers expect me to find it , clean it , service it , present it, stump up the cash , price it less than mkt , ring them up for them to say " Sorry i changed my mind I now want a black one " and thats why its a Deposit in my books . +1. I cannot believe anyone can operate a car sourcing business with random members of the public that do not commit financially beforehand. Share this post Link to post Share on other sites
justina3 518 Posted January 28, 2020 I don’t have enough time to source my own stock let alone run around for other people. Share this post Link to post Share on other sites
RhinoHorn 7 Posted January 28, 2020 9 hours ago, BHM said: +1. I cannot believe anyone can operate a car sourcing business with random members of the public that do not commit financially beforehand. Well, we have. When we find the car, we send them the details via email, they look over them, pay us 10% of the car price before we've even physically seen the car. We don't advertise, we get so many recommends, all of our customers totally buy in to the process. Share this post Link to post Share on other sites
metcars 397 Posted January 28, 2020 46 minutes ago, RhinoHorn said: Well, we have. When we find the car, we send them the details via email, they look over them, pay us 10% of the car price before we've even physically seen the car. We don't advertise, we get so many recommends, all of our customers totally buy in to the process. Bread & butter cars or something special? Share this post Link to post Share on other sites
RhinoHorn 7 Posted January 29, 2020 We found and sold a Maserati at the start of the month but we've also done a Q5, Nissan Note, Mini Cooper, 1 series, T5 Transporter... Basically a bit of everything. Makes life interesting! And I get to drive all sorts of different cars. Share this post Link to post Share on other sites