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OnlyMX5ives

Original Poster:

1,141 posts

80 months

[news] 
Wednesday 13th January 2010 quote quote all
My Dad who has been a trader for yrs and used to have trade plates (years ago) has just applied for a new set.

Basically he's chanced it a few times and with the penalties now it makes sense to get a set even for the rare occassions he needs them.

But his application has been refused as they said trading approx 50 cars per year isn't enough.

WTF is going on ? Its his business he needs to move untaxed cars and he's applied to do so legally but they say he can't.

Are we supposed to trailer everything ?

Because that isn't going to happen.

HellDiver

5,708 posts

70 months

[news] 
Wednesday 13th January 2010 quote quote all
Have you considered using a trailer?

OnlyMX5ives

Original Poster:

1,141 posts

80 months

[news] 
Wednesday 13th January 2010 quote quote all
Why the hell should he have to ?

They cost £1000+ get stolen all the time etc

That is what trade plates are for.

Fox-

11,556 posts

134 months

[news] 
Wednesday 13th January 2010 quote quote all
Does he have retail premesis? If so how does he sustain them on only 50 cars a year? Thats going to be a very low turnover let alone operating profit?

Or does he flog them from his driveway, in which case, good for the DVLA?

Dick_Phallus

1,155 posts

72 months

[news] 
Wednesday 13th January 2010 quote quote all
Can he prove how many cars he needs to move a year?
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confused_buyer

2,811 posts

69 months

[news] 
Wednesday 13th January 2010 quote quote all
Sounds utterly bizarre. They'll issue trade plates if you are trading 5 cars per year. Basically, if you need them, they should issue them.

What supporting documentation did he supply? Normally, trade insurance plus a couple of auction accounts of evidence of trading cars is enough.

50 is more than enough for trade plates.

OnlyMX5ives

Original Poster:

1,141 posts

80 months

[news] 
Wednesday 13th January 2010 quote quote all
Fox- said:
Does he have retail premesis? If so how does he sustain them on only 50 cars a year? Thats going to be a very low turnover let alone operating profit?

Or does he flog them from his driveway, in which case, good for the DVLA?
Why on earth does that matter ?

He has been a successful trader for 30+ yrs and 50 x say £5k profit = a nice little business thanks.

Fox-

11,556 posts

134 months

[news] 
Wednesday 13th January 2010 quote quote all
OnlyMX5ives said:
Fox- said:
Does he have retail premesis? If so how does he sustain them on only 50 cars a year? Thats going to be a very low turnover let alone operating profit?

Or does he flog them from his driveway, in which case, good for the DVLA?
Why on earth does that matter ?

He has been a successful trader for 30+ yrs and 50 x say £5k profit = a nice little business thanks.
I was sick of finding cars for sale by 'traders' on their own driveways when buying a car. It's annoying. Traders charge more than private sellers - fine if you get a cup of coffee, a showroom, a professional environment and a service department for after sales but I don't expect to pitch up to view a car at a 'dealer' only to find its some car flogging cars from his lounge! I dont mind buying cars from peoples lounges (Infact I prefer it) but if I'm going to do that I may as well save myself some money and get extra peace of mind by buying it privately from its original owner.

Although £5k profit per used car, wow, is he selling Ferraris?

OnlyMX5ives

Original Poster:

1,141 posts

80 months

[news] 
Wednesday 13th January 2010 quote quote all
confused_buyer said:
Sounds utterly bizarre. They'll issue trade plates if you are trading 5 cars per year. Basically, if you need them, they should issue them.

What supporting documentation did he supply? Normally, trade insurance plus a couple of auction accounts of evidence of trading cars is enough.

50 is more than enough for trade plates.
They ask on the form when they can inspect your books to prove how many you sell.

He said they could look anytime.

As I said he used to have Trade plates when he dealt far fewer cars.


Jem0911

4,276 posts

89 months

[news] 
Wednesday 13th January 2010 quote quote all
OnlyMX5ives said:
Fox- said:
Does he have retail premesis? If so how does he sustain them on only 50 cars a year? Thats going to be a very low turnover let alone operating profit?

Or does he flog them from his driveway, in which case, good for the DVLA?
Why on earth does that matter ?

He has been a successful trader for 30+ yrs and 50 x say £5k profit = a nice little business thanks.
Five thousand a car!
Wow £250000 profit a grands worth of trailer is nothing?

Shaw Tarse

23,028 posts

91 months

[news] 
Wednesday 13th January 2010 quote quote all
OnlyMX5ives said:
confused_buyer said:
Sounds utterly bizarre. They'll issue trade plates if you are trading 5 cars per year. Basically, if you need them, they should issue them.

What supporting documentation did he supply? Normally, trade insurance plus a couple of auction accounts of evidence of trading cars is enough.

50 is more than enough for trade plates.
They ask on the form when they can inspect your books to prove how many you sell.

He said they could look anytime.

As I said he used to have Trade plates when he dealt far fewer cars.
So how many cars do you have to sell for ebay/autotrader/localcouncil to classify you as a trader?

rallycross

6,038 posts

125 months

[news] 
Wednesday 13th January 2010 quote quote all
not sure what they changed but without premises or not vat registered and you wont get trade plates.

Captain K

172 posts

78 months

[news] 
Wednesday 13th January 2010 quote quote all
£5000 per car???? What kind of cars does he sell?

mat205125

14,782 posts

101 months

[news] 
Wednesday 13th January 2010 quote quote all
Captain K said:
£5000 per car???? What kind of cars does he sell?
I thought that too. Great mark up if you can manage it.

Shaw Tarse

23,028 posts

91 months

[news] 
Wednesday 13th January 2010 quote quote all
mat205125 said:
Captain K said:
£5000 per car???? What kind of cars does he sell?
I thought that too. Great mark up if you can manage it.
Or is it 50x = a £5,000 profit?

mat205125

14,782 posts

101 months

[news] 
Wednesday 13th January 2010 quote quote all
Shaw Tarse said:
mat205125 said:
Captain K said:
£5000 per car???? What kind of cars does he sell?
I thought that too. Great mark up if you can manage it.
Or is it 50x = a £5,000 profit?
£100 per car? Sounds like far too much hassle to me now.

MynameisRob

396 posts

81 months

[news] 
Wednesday 13th January 2010 quote quote all
I assume he means he sells 50 cars at £5000 each, not profit. If not, what and where from?!

Shaw Tarse

23,028 posts

91 months

[news] 
Wednesday 13th January 2010 quote quote all
mat205125 said:
Shaw Tarse said:
mat205125 said:
Captain K said:
£5000 per car???? What kind of cars does he sell?
I thought that too. Great mark up if you can manage it.
Or is it 50x = a £5,000 profit?
£100 per car? Sounds like far too much hassle to me now.
£100 per week, for tinkering/ a hobby?
If I could I would wink

C8PPO

8,268 posts

91 months

[news] 
Wednesday 13th January 2010 quote quote all
rallycross said:
not sure what they changed but without premises or not vat registered and you wont get trade plates.
At £250k p.a., whether that's turnover or profit, he's going to have to be VAT reg.

confused_buyer

2,811 posts

69 months

[news] 
Wednesday 13th January 2010 quote quote all
rallycross said:
not sure what they changed but without premises or not vat registered and you wont get trade plates.
Can't see any reason why you need VAT registration. If you're doing it part time or cheap cars then you can be under the limit.

The premises may be an issue. Your house can be a premises assuming you have somewhere to store the cars. If it looks as if you'll be parking them untaxed down the road maybe they might get a bit fussy.

You don't need to prove you are trading either, merely that you intent to trade (or intent to go into the car delivery business, maintenance etc.).
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