2018 Plate Audi A3 S Line Won't Sell

[Twsales 0]

Hi Gents, 

Could really do with some advice. 

I am part time trader selling 2-3 cars a month from home. I recently brought a black 2018 A3 Sportback 1.5 S line Auto with 14k miles on the clock. Lovely car a grade 1 from BCA Paddock Wood. I paid Cap Clean £18,400 plus commission totaling £18,800 on a gold account. So it owes me near 19k. I have had it on Autotrader for 3 weeks now with no interest at all. Priced it at £19,500 initially now dropped to £18,950 as Audi are selling the same car at £19,500 - £20,000 tops. I have had no phone calls after a massive price drop. I am worried that I'll never sell it with Brexit around the corner! Please help lol 

[Stalker 180]

How strange, I would have thought it would have flown out of the door. 

Good car to sell from the door 

[EPV 631]

Eh?

You paid £18,800 and had a gross margin in of £700 at £19,500. By the time you allow for a bit of VAT (at the price point you’re selling at it won’t be long before you hit the threshold) and allowing a bit for advertising and small overheads you’ll nett £300-£500, on a £19k car. Even the vendor is making more than that. Ridiculous. 

People aren’t going to buy a £19k Audi from a door stepper when they only have a couple of cars in stock, when they can go to the MD, get given a cup of expensive coffee and some smoke blown up their arse for a few hundred quid more. 

Three weeks isn’t a long time. I said the same on another thread yesterday to someone panicking about having a car in stock for a couple of weeks and no enquiries. 

I don’t know what books you’ve been reading or who’s advice you’ve been following but trying to sell £19k Audi’s from home on a part time basis, with a £700 gross margin in, is a waste of time. Your expectations of what you can sell at with your current set up are unrealistic.  

To build yourself up, sell £5k cars and do 5-6 of them a month with a £1k gross margin in. You ought to be doing more margin really given your low overheads. 

 

[JDM1983 28]

I would say:

1. I haven’t checked your numbers, but from what you’ve said you’ve paid too much for it. CAP is a guide, but market prices need to be checked too

2. It’s not a good car to sell from home, people spending this sort of money take comfort from a proper premises and full dealer services. If you don’t offer finance, that’s probably a drawback on a car of this value.

3. 3 weeks is nothing, I’ve got one on 4 months with no interest!

[sparky 274]

6 hours ago, Twsales said:

Hi Gents, 

Could really do with some advice. 

I am part time trader selling 2-3 cars a month from home. I recently brought a black 2018 A3 Sportback 1.5 S line Auto with 14k miles on the clock. Lovely car a grade 1 from BCA Paddock Wood. I paid Cap Clean £18,400 plus commission totaling £18,800 on a gold account. So it owes me near 19k. I have had it on Autotrader for 3 weeks now with no interest at all. Priced it at £19,500 initially now dropped to £18,950 as Audi are selling the same car at £19,500 - £20,000 tops. I have had no phone calls after a massive price drop. I am worried that I'll never sell it with Brexit around the corner! Please help lol 

If that's your business model then my advice would be don't give up the day job.

[beenaroundtheblock 21]

Can you link to your advert?

[Mojo121 229]

6 minutes ago, beenaroundtheblock said:

Can you link to your advert?

Yeah, I second this. Could do with a laugh.

Besides the obvious points already made I’m surprised you had £19k to spend 

[Blenheim Car Sales 111]

another one that's illegally trading enhancing the black economy, Not paying VAT on the proceeds of there sales

 

you paid to much my friend, Amatures think they are safe going to these guide prices  thinking i am safe at cap clean, Not on every car you are not, Post a  link and let us  rip your advert to shreds see if there is something obvious

[beenaroundtheblock 21]

1 hour ago, Mojo121 said:

Yeah, I second this. Could do with a laugh.

Besides the obvious points already made I’m surprised you had £19k to spend 

I couldn't find it on trader but didn't search much. I just wondered if it was another copy and paste from somewhere as none of this makes sense 

Edited August 21, 2019 by beenaroundtheblock

[SouthernTrader 20]

As others have said that’s a pointless margin on the best part of 20k, once you’ve allowed costs and taxes you’ve probably got next to nothing left.

Have you been trading long?

 

Edited August 21, 2019 by SouthernTrader

[Mark101 536]

I suddenly feel much better about myself 

[JA Trader 58]

£500 margin on a 19k Car. I try to make that on the small £1500 - £2000 sales.

No one is coming to your house to buy a 19k car with cash and lets be honest if they brought cash i would be even more concerned.

I wish you sincere luck with your business venture but maybe start small.

[Blenheim Car Sales 111]

the silence speaks volumes............................................next wanabe dealer step forward please 

[Fixedgear 4]

Poor choice of car. Punters will choose to go to Audi and get the finance, PX and experience. Plus their biggest concern is come back, warranty and peace of mind. None of which you can offer. As above, either go very specialist or cheap cars. I think you'll take a bath on this one but we all have in the past and that's how you learn. the 2018-19 cars are a risky market as all the manufacturers are knocking them out cheap or customers are simply leasing a brand new one for £280 pm !

[Tony911 79]

You was better off with 5 smaller cars with bigger margins then £700. Best of luck 

[David Horgan 564]

8 hours ago, Twsales said:

Priced it at £19,500 initially now dropped to £18,950

Paid £18,800 and trying to sell it at £18,950 wow £150 well earned pounds . 

Lets see , role play !!!!  I'm a customer in the mkt for a A3 and theres two on sale , one at your house and one at AUDI . 

Bet you can guess where I've gone 

Unless you live in 20 acres of manicured grounds with a Manor house in the middle , try a smaller cheaper  stock range and don't try competing with main dealers for £150 omg I cant believe that amount of money being laid out for £150 , that figure gives me the shakes , Need a coffee and sit down 

Last thing i only earned £150 on didn't work when i took it in free for  px and didn't work when i sold it for £150 within the hour . 

[sparky 274]

22 minutes ago, Blenheim Car Sales said:

the silence speaks volumes............................................next wanabe dealer step forward please 

Hi. My name is Frank and I want a piece of your cake as it looks easy money, problem is I'm stuck with some Nissan Juke CVT's that looked cheap at the time but are actually bolloxed and now my wife is nagging me to get rid but I just can't move them, I mean a literally can't move them. Any ideas welcome.

[Blenheim Car Sales 111]

being frank Frank you are bolloxed, i bet it was one of them with the pink roof and door mirrors too, 

[It's me 609]

Bill shit.............next.

Or bull shot even. Jeez productive text

 

Edited August 21, 2019 by jason doyle motor sales

[twerp 69]

Trade it out at a loss to a London ULEZ garage before the next CAP price drop

Good luck (assuming this is for real)

[beenaroundtheblock 21]

5 minutes ago, jason doyle motor sales said:

Bill shit.............next.

Or bull shot even. Jeez productive text

 

Have another go

[Row 71]

Come on Twsales fight your corner.

[Tom 164]

9 hours ago, Twsales said:

I am worried that I'll never sell it with Brexit around the corner! Please help lol 

Why did you buy it then? Who's going to buy a 19k Audi on a doorstep unless its massively cheap?

I sold an old Freelander I took in chop for £2,000

With a £1,700 margin! Already had an MOT just needed a wheel bearing and a valet and it was gone in 2 weeks. 

Selling high end cars doesnt always make you look good, just find car with decent margins. 

Edited August 21, 2019 by Tom

[MarkTVS 209]

I’ve always said I’d love to look out at lots of fancy Bmw, mercs and Audi’s but sadly it’s the cheaper more run of the mill stuff that makes the margins for us! 

[NacMan 67]

4 hours ago, EPV said:

Eh?

You paid £18,800 and had a gross margin in of £700 at £19,500. By the time you allow for a bit of VAT (at the price point you’re selling at it won’t be long before you hit the threshold) and allowing a bit for advertising and small overheads you’ll nett £300-£500, on a £19k car. Even the vendor is making more than that. Ridiculous. 

People aren’t going to buy a £19k Audi from a door stepper when they only have a couple of cars in stock, when they can go to the MD, get given a cup of expensive coffee and some smoke blown up their arse for a few hundred quid more. 

Three weeks isn’t a long time. I said the same on another thread yesterday to someone panicking about having a car in stock for a couple of weeks and no enquiries. 

I don’t know what books you’ve been reading or who’s advice you’ve been following but trying to sell £19k Audi’s from home on a part time basis, with a £700 gross margin in, is a waste of time. Your expectations of what you can sell at with your current set up are unrealistic.  

To build yourself up, sell £5k cars and do 5-6 of them a month with a £1k gross margin in. You ought to be doing more margin really given your low overheads. 

 

I think that was me lol , I bought my mini for £7700 stands me at £8000 up for £9500 cheapest on