Advice for starting out as part time motor trader.

Advice for starting out as part time motor trader.

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HiRoller

Original Poster:

47 posts

156 months

Thursday 24th January 2013
quotequote all
I am working two jobs back to back and clocking up about 70 hours per week everyweek.
Both are badly paid (I think I earn about £375 after tax).

I am presently unable to relocate and there are no jobs i am well qualified for within a realistic commuting distance.

I don't expect to become the next Alan Sugar but can anyone give advice on setting up and running a part time traders business. Where the best places to sell are, advice on insurance, selling vehicles 'as seen', ways of advertising and getting potential buyers interested without having too many vehicles on my books at one time.

How is the V5 handled, as a trader I would sign a different box, how long does it take the DVLA to issue a new V5 so I can sell the vehicle on?

If this enterprise could earn me £200 per week for 30 hours work I'd be happy.
Is this realistic?

HiRoller

Original Poster:

47 posts

156 months

Thursday 24th January 2013
quotequote all
Would BCA beat eBay for purchasing?

HiRoller

Original Poster:

47 posts

156 months

Thursday 24th January 2013
quotequote all
Oh well back to the drawing board!