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OnlyMX5ives
Original Poster
1,141 posts
62 months
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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.
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HellDiver
5,708 posts
52 months
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Have you considered using a trailer?
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OnlyMX5ives
Original Poster
1,141 posts
62 months
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Why the hell should he have to ?
They cost £1000+ get stolen all the time etc
That is what trade plates are for.
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Fox-
10,038 posts
116 months
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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?
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Dick_Phallus
1,155 posts
54 months
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Can he prove how many cars he needs to move a year?
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confused_buyer
1,912 posts
51 months
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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.
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OnlyMX5ives
Original Poster
1,141 posts
62 months
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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.
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Fox-
10,038 posts
116 months
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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?
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OnlyMX5ives
Original Poster
1,141 posts
62 months
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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.
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Jem0911
4,182 posts
71 months
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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?
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Shaw Tarse
19,324 posts
73 months
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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?
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rallycross
4,730 posts
107 months
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not sure what they changed but without premises or not vat registered and you wont get trade plates.
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Captain K
170 posts
60 months
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£5000 per car???? What kind of cars does he sell?
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mat205125
14,770 posts
83 months
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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.
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Shaw Tarse
19,324 posts
73 months
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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?
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mat205125
14,770 posts
83 months
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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.
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MynameisRob
393 posts
63 months
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I assume he means he sells 50 cars at £5000 each, not profit. If not, what and where from?!
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Shaw Tarse
19,324 posts
73 months
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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 
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C8PPO
5,988 posts
73 months
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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.
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confused_buyer
1,912 posts
51 months
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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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