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tradegirl

Expected to see thread about No Brexit Deal

82 posts in this topic

Not worried.

We'll get food and water. (And no it wont be £50 for a litre of water or £80 for bread. EU needs the UK e.g. our security services are better than the rest. Everytime France has a terror issue its our boys in blue that help out, the French are useless).

People in war torn countries dont get food or water.

Not fussed at all about brexit.

Hand to mouth at the moment so couldn't care less if i be rich or not. And am sure most of you lot have a good bank balance. Enjoy the wealth whilst you got health or you might be like Lucas' trainer coughing blood at 75 whilst running a car lot. 

That's what Teresa May and co want from you...so they can get a massive inheritance tax off you when you die. 

Don't want to sound like a moan bag but it's true.

Ask yourself 10yrs ago who was alive. In 10yrs we might be dead. Enjoy the £££ boys and girls.

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9 hours ago, CCC said:

Based on yields and affordability then house prices are about 20% higher than they should be already. Factor in a recession with tightening credit then maybe 30% total drop (-10% from correct level).

Who knows what’s going to happen but the house price correction was likely no matter what I reckon, more a question of when, not if.

When I say cheap, I meant undervalued. For property and cars, from those liquidating assets quickly to cover their bills in the absence of employment or credit. Recessions create opportunities for those places to take advantage, the old adage of money makes money will very much apply.

Where there is a boom there will always be a bust. For us peasants  who don't have such booms then house prices will more or less stay the same, as will everything else.

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11 hours ago, Nick M.K. said:

When the economy tanks (even more) you mean? Because it already has a fair bit. 

We’ll be fiiiiiine. Always have, always will be. At least that’s the narrative I’ve been reading. 

 

Hubris.

10 hours ago, CCC said:

Less people. Those who have retired or those with cash savings.

I’m old enough to remember the real recessions of the early 80’s and early 90’s when people just handed the keys in on their houses as they couldnt pay their mortgages and were heavily in negative equity. The over-inflated house prices and likely restrictions in credit are creating a high likelihood of a repeat. 

economies run on confidence (and in reply to another thread) loss of confidence causes recessions.

No deal will be the mother of recessions as it will kill confidence (what’s left of it). 

I’m in the south east and trades still busy (those who haven’t retired, it’s a great career option that few seem to pursue) so far but seeing redundancies piling up. 5 friends in 5 weeks and these are long term senior jobs, not call centre work.

time to pay down debts and be in cash to take up buying opportunities. 

I'm also old enough to remember those times too, and I remember many friends losing their businesses because the banks called in the overdrafts in a panic?

 

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10 minutes ago, met said:

Hubris.

I'm also old enough to remember those times too, and I remember many friends losing their businesses because the banks called in the overdrafts in a panic?

 

What will be, will be, can't change it so no point in worrying. 

.....anyone remember Y2K? 

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26 minutes ago, tradex said:

.....anyone remember Y2K? 

Yes, I earned an absolute bucket load of Cash charging £40 a time to check peoples Car Electronics for the Millenium Bug, and in return I gave them a Certificate printed from Windows to say that their vehicle should be fine after 31/ 12/ 99 :D

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41 minutes ago, Dave2302 said:

Yes, I earned an absolute bucket load of Cash charging £40 a time to check peoples Car Electronics for the Millenium Bug, and in return I gave them a Certificate printed from Windows to say that their vehicle should be fine after 31/ 12/ 99 :D

You are a legend :lol:

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52 minutes ago, Dave2302 said:

Yes, I earned an absolute bucket load of Cash charging £40 a time to check peoples Car Electronics for the Millenium Bug, and in return I gave them a Certificate printed from Windows to say that their vehicle should be fine after 31/ 12/ 99 :D

Good call - I have put it in the diary to do this at the next millenium :lol:

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LOL, I recounted that tale to cheer this doom and gloom, as I said earlier I will earn well out of the motor Trade whatever happens with Brexit, but i don't know exactly how yet.

Someone said earlier that guys on the dole won't be able to afford Cars, my thinking is they will be the ones getting Doss Office Loans etc to buy a good used car to cart around the 7 kids and big fat wifey !!

I also agree with the comment that folks uncertainty will stop them signing up for Loans and PCP's etc, so the decent 5 - 10k used cars will be in demand, which is the stuff I'm selling these days.

Those that can't afford another Car will need to keep their existing vehicles running so repairs will be on the up !!

On the flip side of Nick's 50p, if the UK economy booms then we'll all be selling 3 year old Cars and Servicing and Repairing them .................

As far as I'm concerned it's win win "I'll be laughing all the way to the Leeds" well "the Santander" :D

I was actually pondering whether to build a huge Workshop with Paint Booth on a plot we have and didn't really fancy another 12 month project, but if it goes how I think it will I might do that and take on a couple of staff, have 10 more years, then sell up and piss off somewhere hot :)

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9 hours ago, Dave2302 said:

LOL, I recounted that tale to cheer this doom and gloom, as I said earlier I will earn well out of the motor Trade whatever happens with Brexit, but i don't know exactly how yet.

Someone said earlier that guys on the dole won't be able to afford Cars, my thinking is they will be the ones getting Doss Office Loans etc to buy a good used car to cart around the 7 kids and big fat wifey !!

I also agree with the comment that folks uncertainty will stop them signing up for Loans and PCP's etc, so the decent 5 - 10k used cars will be in demand, which is the stuff I'm selling these days.

Those that can't afford another Car will need to keep their existing vehicles running so repairs will be on the up !!

On the flip side of Nick's 50p, if the UK economy booms then we'll all be selling 3 year old Cars and Servicing and Repairing them .................

As far as I'm concerned it's win win "I'll be laughing all the way to the Leeds" well "the Santander" :D

I was actually pondering whether to build a huge Workshop with Paint Booth on a plot we have and didn't really fancy another 12 month project, but if it goes how I think it will I might do that and take on a couple of staff, have 10 more years, then sell up and piss off somewhere hot :)

Which is just about anywhere south of Nottingham to you lot :)

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I dont feel we have much control on what is going on there right now and many people regardless of how they voted feel dissapointed. 

2 years of bull**** and they just scrapped it all couple of months before the final date.

There was something in the news about 75mln fees for some consulting fees in secret contracts. I only wonder how much more they spent without telling the public. 

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6 hours ago, Josh Lambert said:

I dont feel we have much control on what is going on there right now and many people regardless of how they voted feel dissapointed. 

2 years of bull**** and they just scrapped it all couple of months before the final date.

There was something in the news about 75mln fees for some consulting fees in secret contracts. I only wonder how much more they spent without telling the public. 

Brexit was never an issue if done properly but the idea of trusting the politicians to deliver it was. I wouldn’t trust Boris Johnson to do my shopping, let alone negotiate exit from the EU.

in terms of real world negotiating and planning experience, there is more of that in the members of this forum than the entire House of Commons, many of whom have never had a proper job, let alone a commercial one. 

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On 17/01/2019 at 10:00 AM, Dave2302 said:

Yes, I earned an absolute bucket load of Cash charging £40 a time to check peoples Car Electronics for the Millenium Bug, and in return I gave them a Certificate printed from Windows to say that their vehicle should be fine after 31/ 12/ 99 :D

Was doing the same thing Dave , Plugging em in for £40 when customer was there , or park it round back and hand certificate out when they got back , Thank you that's £40 and your cars fine . Remember one was a Mk1 escort ,trouble plugging that one in :huh:, she wanted it checking as her insurance company wanted £90 to cover it :ph34r: so £40 was good for her :D and me . 

Had loads of money while it lasted ;)

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3 minutes ago, David Horgan said:

Had loads of money while it lasted ;)

:D

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What makes me chuckle is the leavers are not going to get what they want, and the remainers are left to sort out the mess. You could not make it up.

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Thanks to Phillip and his range rovers brexit is no longer main headlines:lol:

 

Brexit is a continuois can of worms. You can't win either way. 

Only way is if UK is split into 2 and leavers live on one side of the border and remainers on other. 

No other way

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Brexit is a mess just gone totally out of hand. There really is no solution, except a second referendum where it's result is 'stay in'

After over two years we are no nearer to a resolution and time is running out, getting an extension is only kicking the can down the road.

There cannot be a hard border between North and Southern Ireland which is the real issue. This WILL not be allowed to happen.

Any person in business should be taking this seriously, it WILL effect us all as the UK economy plunges into recession, multinational manufacturing and services relocate back inside the EU. It's happening already.

In fact it will effect every one. We will need a green card to go on holidays to Spain and a temporary driving permit to drive within the EU. The Euro will cost us more when we holiday abroad and our retired parents living in Tererief will no longer be able to do so 

The list goes on and on and is far reaching and will effect every single sector from manufacturing, farming, haulage, services etc 

Nobody really understands the full effects of Brexit if it does happen, and I for one hope we never do!

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Beating ourselves up is a national pastime here, lots of of mention of recession, poor trading, shops closing etc.

It's not just the UK, Europe per se is suffering and China has even bigger issues, THE largest market. Car sales are a great barometer of the economy and China car sales are in relative freefall. These economies that have no Brexit. 

Used to be a case of the US sneezes and the rest if the world catches a cold, insert China for US now. 

......as well as classic car market gone soft, I hear Fizzies (FS1-E) etc aren't shifting which says 50 plus toys fa boys money is getting thin too. 

For used car sales, the important bit for us as mentioned earlier, for those with cash in the bank, there will be opportunities. I've sold cars thru more recessions than a few here, always done very well during one, can't see things changing? 

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1 hour ago, tradex said:

Beating ourselves up is a national pastime here, lots of of mention of recession, poor trading, shops closing etc.

It's not just the UK, Europe per se is suffering and China has even bigger issues, THE largest market. Car sales are a great barometer of the economy and China car sales are in relative freefall. These economies that have no Brexit. 

Used to be a case of the US sneezes and the rest if the world catches a cold, insert China for US now. 

......as well as classic car market gone soft, I hear Fizzies (FS1-E) etc aren't shifting which says 50 plus toys fa boys money is getting thin too. 

For used car sales, the important bit for us as mentioned earlier, for those with cash in the bank, there will be opportunities. I've sold cars thru more recessions than a few here, always done very well during one, can't see things changing? 

I agree with that,I remember when OPEC increased oil prices 400% and the price of big stuff collapsed.So that is what we bought and did very well.We found that the cash punters were happy to buy something they previously only dreamed of because of the low prices.

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I would say that the older members here that have 'enjoyed' the trade for a while would have a similar mindset to me?

I laugh and take the piss out of myself for being an old farty, fat bald dinosaur whom struggles to load a VCR (!), but in actual fact I do tend to change with changing times. I sell what makes me money and there is a sale v grief measure too, which gets weighted more to grief as I get older;) I did card payments when most didn't, did huge electronic descriptions when most listed "red car for sale, £3995", the only thing I never got into was strap or stocking loans, and that was just me.

I used to only sell what was known as Exec' Class gear, they are/were built better, they sold well new and I had low comebacks used due to the quality. It was a large selling class and the OEM's were having it off so build was fantastic. Then Exec class faded away and I sold more 4x4's...same rules applied.

For me, if anything small came in like a Fiesta it was traded straight out.  - Off topic but I hated small cars, still do, the build is worse for good reason, the profit for the OEM. Ya see in the big scheme of things, cars, be they big or small, cars don't cost an awful lot different to produce per unit, and that applies to Vauxhall or BMW etc. The R&D cost is similar, the production cost is similar, the raw matirials, well yes a bit more for a biggie but not as much as you may think. It's one of the more surprising things about car production. Charging for them is more about how the public perceive your brand -

Anyway back on topic. 90's recession, never sold so many Granada's, Scorpio's, Jag's, Rangies, Disco's, LS400's, Volvo's, SAAB's, S 'n E Class Merc's & 5/7 Series Beemer's and Maxima's if anyone remember them?.

We then sort of missed one bust as they used to be every 7 years, (boom - bust), so that 2007/8 one was a tad bigger. But again, I sold oodles of lumpy petroleum distillate Jeeps, Rangies, Disco's, CRV, late Explorers, Lumpy Lexus, Volvo's, Jag's, Merc's, Beemer's all over again. I see Faildi is still missing from that list, anyway I digress..

Strange thing about recessions and houses not selling etc? People may not buy houses but they still buy used cars, in my experience. Used cars is (hmm...?) pretty much recession proof in a very general way.

......I added that question mark as this will one (depression) will be a different I think and, lets not kid ourselves their already is a silent recession? The are added complications of used car PCP's et al, silly cheap loan money and a that huge proportion of used sales by strap and that is the new 'norm' for many, especially those under 30'ish. These guys are used to a different way of doing things, more short term, monthly, have it now, pay later, the amount of credit out there is mind boggling. How will a shortage of credit affect a whole generation? Big question, and not at my paygrade as they say across the pond.

So affordable strap may become tougher to secure when the banks are hurting. Whom will be left with money? Old duffers I guess, so maybe the smart money will be in piss 'n biscuits motors as I call them, Jazz's etc:D.

Interesting times ahead, but I can't see any issues here, there is always a living, of sorts, to be had.

 

 

You see.....................I didn't always sell girly Clios.:P

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/\ /\ /\ Well said that man !! That's exactly my mind set, even your self description is spookily spot on ;)

The smart Business Man will seize the opportunity, but then again the smart business man will not be skint.

I always have believed that the recessions we've had in the past just sort out the wheat from the chaff, get rid of the plastic Plumbers, Brickies, Mortgage Brokers, Car Dealers etc etc and then we get a nice little run before the next recession.:D

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6 hours ago, Arfur Dealy said:

Belated happy birthday :D

Thanks AD :D

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16 hours ago, Scooby who said:

Brexit is a mess just gone totally out of hand. There really is no solution, except a second referendum where it's result is 'stay in'

 

And what if 17mil vote out and lose by 10000 votes?

Like i said you cannot win. 

Only solution is split the countries but no one would want to move. 

Cant win with the British

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8 hours ago, tradex said:

Beating ourselves up is a national pastime here, lots of of mention of recession, poor trading, shops closing etc.

It's not just the UK, Europe per se is suffering and China has even bigger issues, THE largest market. Car sales are a great barometer of the economy and China car sales are in relative freefall. These economies that have no Brexit. 

Used to be a case of the US sneezes and the rest if the world catches a cold, insert China for US now. 

......as well as classic car market gone soft, I hear Fizzies (FS1-E) etc aren't shifting which says 50 plus toys fa boys money is getting thin too. 

For used car sales, the important bit for us as mentioned earlier, for those with cash in the bank, there will be opportunities. I've sold cars thru more recessions than a few here, always done very well during one, can't see things changing? 

If the only downside to brexit is a little recession we'll be laughing?

The chinese seem to be good at manufacturing. Nobody else can make a profit from selling plastic dog shit like they can. All we need is a workforce 'unhindered' by health and safety, child labour rules and a living wage? In fact lots of uk manufacturing companies have said how health and safety is a barrier to profit so there workforce can expect 'dickensian' working conditions very soon!

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25 minutes ago, met said:

If the only downside to brexit is a little recession we'll be laughing?

The chinese seem to be good at manufacturing. Nobody else can make a profit from selling plastic dog shit like they can. All we need is a workforce 'unhindered' by health and safety, child labour rules and a living wage? In fact lots of uk manufacturing companies have said how health and safety is a barrier to profit so there workforce can expect 'dickensian' working conditions very soon!

Why do you think Dyson wants out. Great post.

I read somewhere that cranberries from Canada may be cheaper.

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