Andwhat 0 Posted November 4, 2015 As the title says !I know there are a lot of variable's to take in account but was thinking of what a trader can realistically earn per year,say with a stock of 7 most of the time un all under the 3 grand marksmall yard, port a cabin set up ??? Share this post Link to post Share on other sites
Max Branning 149 Posted November 4, 2015 Easiest way is to work out roughly how long it takes you to turn your stock.So lets say you price your cars keenly and on average it takes you 4 weeks to shift a car. You will be selling on average 7 cars a month.Lets say a hopeful average £500 profit per car so £3500 per month gross.Minus expenses and Vat and tax you would probably be netting no more than £1500 per month so around £18000 a year.Realistically it could be more like half this amount so not much more than minimum wage ! 1 Share this post Link to post Share on other sites
Jack Regan 116 Posted November 5, 2015 £3500 a month will work out about £40,000 ish a year, so you won't have to register to pay vat.Free Max Branning... Bobby did it. Share this post Link to post Share on other sites
GreenGiant 287 Posted November 5, 2015 £3500 a month will work out about £40,000 ish a year, so you won't have to register to pay vat.Free Max Branning... Bobby did it.I think you'll find that VAT registration is based upon turnover rather than GP old boy. Share this post Link to post Share on other sites
It's me 615 Posted November 5, 2015 small yard, port a cabin set up ??? why bother ? do you want to sit there all day with your bum on the old calor heater?,non fun that ,i would want to be doing something else if that was the case,sends you mad this job you know,anyway must trot its injection time...................nursehow much is a small yard and 7 spaces? have you got a good roadside position is it cost viable,?ive found that people are more willing to travel with the help of a satnav these days if you have what they want,have you considered specialising in one make/model ? c1's for example ? Share this post Link to post Share on other sites
Jack Regan 116 Posted November 5, 2015 I think you'll find that VAT registration is based upon turnover rather than GP old boy.your right son ..my bad Share this post Link to post Share on other sites