How to make £3000 in a week!
How to make £3000 in a week!
Author
Discussion

Lordbenny

Original Poster:

8,733 posts

242 months

soad

34,333 posts

199 months

Wednesday 29th February 2012
quotequote all
Big mark up. And it's £50 short of £3000.

T1PP3R

80 posts

178 months

Wednesday 29th February 2012
quotequote all
It's even managed to lose 500 miles in the process wink

Matt UK

18,080 posts

223 months

Wednesday 29th February 2012
quotequote all
Price, up
Advert quality, down

crocodile tears

755 posts

169 months

Wednesday 29th February 2012
quotequote all
It went from under priced to overpriced

edit: someone phone him up and ask him if hes clocked the car hehe

Edited by crocodile tears on Wednesday 29th February 23:42

nismo48

6,274 posts

230 months

Wednesday 29th February 2012
quotequote all
+1
T1PP3R said:
It's even managed to lose 500 miles in the process wink

matthias73

2,900 posts

173 months

Wednesday 29th February 2012
quotequote all
First to see will buy? OH really? So what if I go and see it, then don't buy it you ignorant piss breathing, couch crawling, incestial son of a goat!?


I really hate that phrase.

matthias73

2,900 posts

173 months

Wednesday 29th February 2012
quotequote all
By the way, I had a look at the photos and I'm pretty sure they aren't the same car

Edit: I'm actually rather sure it is a diferent car.

sim16v

2,177 posts

224 months

Thursday 1st March 2012
quotequote all
matthias73 said:
By the way, I had a look at the photos and I'm pretty sure they aren't the same car

Edit: I'm actually rather sure it is a diferent car.
They are both limited edition no 4 of 30.

So does that mean there were originally 60 of them?nerd

lestershaw

1,591 posts

181 months

Thursday 1st March 2012
quotequote all
the exhaust is different and so is the side repeater light
its like a spot the difference game

crocodile tears

755 posts

169 months

Thursday 1st March 2012
quotequote all
lestershaw said:
the exhaust is different and so is the side repeater light
its like a spot the difference game
The engine has also been cleaned and tarted up..

anonymous-user

77 months

Thursday 1st March 2012
quotequote all
Whats the problem?. Good luck if he wants to make some money. Its a gamble, may not sell at that price, or at all, he's taken the chance..

RWD cossie wil

4,380 posts

196 months

Thursday 1st March 2012
quotequote all
Business trys to make money shock eek

Oli.

274 posts

218 months

Thursday 1st March 2012
quotequote all
Good luck to him, he's seen an opportunity and gone for it. And the problem is?

Lordbenny

Original Poster:

8,733 posts

242 months

Thursday 1st March 2012
quotequote all
Oli. said:
Good luck to him, he's seen an opportunity and gone for it. And the problem is?
I've not got a problem with it, good luck to him I would suggest, however, that the original PH ad had disappeared before he put it back up for sale on PH!

DaveH23

3,349 posts

193 months

Thursday 1st March 2012
quotequote all
Oli. said:
Good luck to him, he's seen an opportunity and gone for it. And the problem is?
He seen a good clear advert and re posted it difficult to read AND HE WAS SHOUTING WHEN HE WROTE IT.

He also took 500 miles off the clock.

Nothing wrong with making money be surely he could of made a better effort.


Monkeylegend

28,391 posts

254 months

Thursday 1st March 2012
quotequote all
DaveH23 said:
He seen a good clear advert and re posted it difficult to read AND HE WAS SHOUTING WHEN HE WROTE IT.

He also took 500 miles off the clock.

Nothing wrong with making money be surely he could of made a better effort.
An ironic wink

kentmotorcompany

2,471 posts

233 months

Thursday 1st March 2012
quotequote all
For the non motor trade I'll quickly show you how a £3,000 margin is not quite as amazing as it sounds.

Assuming he gives a discount for arguments sake lets say £300.

£2,700 less the VAT £450 (motor traders work on a VAT margin scheme)

£2,250

Its not hard to imagine spending £250 on warranty and prepping that car which brings the profit down to £2,000. So you can see how £3,000 very quickly becomes £2,000 for selling it at nearly the asking price. Bearing in mind those numbers are based on a very conservative discount and costs.



Obviously £2,000 is still a decent profit if you can turn the car around quickly enough.

If he has in stock for a while and reduces the price by another thousand pounds, and eventually ends up offering £750 discount to get the deal done.

Some where between margin and profit you have expenses, and in the motor trade if you are not making money you are losing it. The former can very quickly become the latter.

matthias73

2,900 posts

173 months

Tuesday 6th March 2012
quotequote all
sim16v said:
matthias73 said:
By the way, I had a look at the photos and I'm pretty sure they aren't the same car

Edit: I'm actually rather sure it is a diferent car.
They are both limited edition no 4 of 30.

So does that mean there were originally 60 of them?nerd
Oh I didn't realise that. I'm just going on the fact that there are clear diferences in the cars. Exhaust ect look slightly diferent, not sure if just a clean but don't look quite the same. And the indicators certainly don't look the same.