smltd

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About smltd

  • Rank
    Newbie

Profile Information

  • Your industry
    Independent dealer
  • Dealership/company name
    Southern Motors Ltd

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  1. Morning everyone, A couple of days ago I was about to bid on a car from BCA but I run the HPI check and it showed as having outstanding finance. I called the branch, they carried out their own check and said they’ll retract it from sale. I was under the impression that all auctioned cars should have no outstanding finance but I’m new to this game and still learning. Does this happen often?
  2. Hello everyone, I would also like to take the opportunity to introduce myself. I have started a few months back (only part time for now) after reading a lot of useful information on this forum. First thing I did was to buy the digital magazine, an excellent read. I also went to CDX in Farnborough where I met a lot of knowledgeable people. Then I opened a LTD, bought insurance, got trade plates, warranty booklets, registered with auction houses, bought a couple of cars and advertised them at a reasonable price on different platforms. To date I haven’t sold anything and they’re both 1 owner full main dealer service history and new MOT. I’m sure they will sell sooner or later but I must say 60 cars in 4 months is a good going in this extremely challenging and competitive industry.