trade vet

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trade vet last won the day on August 25

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About trade vet

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    Advanced Member

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  • Your industry
    Independent dealer
  • Dealership/company name
    Jack Ford ltd

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  1. I was told to just work half days but it had to be every day.Then the other 12 hours each day were mine.
  2. Good punters from the Republic.We are near the airport and the last time the pound was low we used to find them waiting outside unannounced for us to open on Saturdays having got the early £15 Ryanair flight.It was A3’s then with big alloys.Sometimes we would get a call from the airport saying they had stopped someone carrying a lot of cash and could we confirm that they were collecting a car.We would of course but sometimes we had no idea who they were.
  3. Relying on Parker’s............maybe you are not quite ready to set up full time after all.
  4. Because I do it as a private seller at the moment I am trying to buy under 5k maybe a bit more for certain cars and sell for 500, maybe 1k profit. (just found a desperate seller that wanted a Skoda Kodiaq that sold me his 12plate Merc c220 82k miles for 3500 and luckily I sold it in 5 days for 4750£) So you dont declare your trader earnings for tax or NI, you dont have trade plates and you i imagine use these cars on test drives, You dont put a warranty on them either i imagine, Why dont you pay tax on these earning what makes you so special Come on,give her a break.Where you whiter than white when you started out.I wasn’t when I was door stepping aged 17.I paid plenty of tax in my day job though working 7 days.
  5. Second thoughts,from what you say,I think you could do OK.There is plenty of stuff to buy at Blackbushe if you are not frightened by stuff needing work.
  6. Hi Marian Could you possibly give us a ballpark figure on what you are currently earning in your day job.Unless you can afford it,not a good time to go solo in this job.One thing,I have to tell you is that those ‘ moments of joy ‘ you refer to may turn into ‘ moments of relief ‘when you go full time.Best of luck though,you will get plenty of good advice from the guys on here.
  7. Some of these Eastern European car wash’s are good guys and they can do a lot for £30.Then just finish them off yourself.No need to use one of these new bullshit breed of prima Dona valeters called detailers.They tend to be too expensive,too slow,don’t like doing wet vacs and when you show them how to cut corners,they take the huff.They don’t understand that a lot of the best car dealers started off as valeters.
  8. I would stick to what you are doing.7 or 8 per month from stocking 10 is very good.The extra costs you will incur from a 3000 ft unit and carrying 25 plus employing staff,extra insurance,advertising ( and double the agrovation) etc etc will mean you will probably need to do double the business to equal what you are doing now. Another thing to factor in is that with the onset of Brexit and the likely increase in the level of scaremongering in the media from mid September,trade is likely to be crap until early next year.When an extroadinary event takes place,( wars,9/11,miners strikes,oil crisis,) in the past it has diverted people’s attention from buying cars. Also you can’t just employ someone and regard them as self employed.If you cannot prove they are regularly carrying out other work ,you will run the risk of getting done by HMRC.
  9. Yes....and wait for a good swapper and sometimes you can get some chucky commission as well.
  10. I don’t see the problem,I would take some medicine.We all get stickers which we thought would waltz out.I would just make it £6950 and wait for a good retail swapper.Seeing the other stock,I don’t think a loss should have any impact on the business.
  11. All very funny but what are the ramifications for the testing station.Advisories are in the public domain,how would VOSA view it.If the customer was offended,some lawyer might agree and claim damages from the testing station ( not the tester) .....An alternative view !
  12. I think every repair shop in the land is looking for a good all round mechanic.Where do you get them and how much do you offer them.Signing on fee,house with guaranteed good school places nearby,cars for him and the wife, £30k basic ( £50k darn sawf) and generous bonus scheme,free account at the local etc.The next thing will be that the good ones will be employing agents like footballers.
  13. I think Dell needs to be very carefull about what he says.If an insurance investigator gets involved they might ask some awkward questions about the working relationship with his friend/mechanic,invoices for previous work,bank statements showing payments etc,they might also interview people at Lookers which could open a can of worms.I witnessed an accident awhile ago and I was later questioned and the insurance guy ( ex police) was good.They might establish that the mechanic is a business partner,what happens then.
  14. I think Compulsory Subscription fee for everyone and VAT registration for the Private Lounge.
  15. Sorry to say,I don’t think we are getting the right story.Dell needs a good lawyer.