Steven Davies
Steven Davies
  • 9
  • 108 155
Starting out in the motor trade, tools you never knew you needed, part 2
Part 2 - tools you may not have considered you might need when starting out in the motor trade and becoming a car dealer.
This is a must, trust me when I say this, once you buy this you will wonder how you ever survived without it.
Plus I show you how to get a battery out of a Range Rover.
Переглядів: 371

Відео

Starting out in the Motor Trade, tools you never knew you needed (Part 1) Water pressure testing kit
Переглядів 3983 місяці тому
Over the years I have accumulated tools that I never thought I would need, yet these tools have become part of my regular kit and have saved me a small fortune in garage fees. This is a series of shorter videos as an update to one of my most popular videos where I showed you some of the tools you will need when starting out, you won't need to run out and buy these on day one, but you may want t...
Should you buy a CAT N car, or buy a damage repairable vehicle as a motor trader?
Переглядів 3,4 тис.9 місяців тому
Should you buy a CAT N car, or buy a damage repairable vehicle as a motor trader What is a category car? we don't just talk the talk here, we show you real examples from start to finish. Have you ever heard the auctioneer say a car is a CAT N or CAT S? or read it on an eBay or Autotrader ad? Have you ever wondered what that actually means? Are they good cars to buy as a motor trader or should y...
How to paint wheels without masking. A quick way to paint wheels without the big cost.
Переглядів 2 тис.Рік тому
A quick and easy way to paint car wheels without the need of masking. This video is for the driveway traders out there looking to tidy up the wheels without the big cost. This is not a complete wheel refurbishment, but a way of making the car look more saleable for less than £10 and 45 minutes of your time.
Ford Cmax - How To Fit Isofix Without Cutting Or Buying The Fitting Kit
Переглядів 14 тис.2 роки тому
How to find and fit an Isofix seat into a Ford Cmax without having to cut the fabric or buy the expensive fitting kit. There is a way to reveal the Isofix without damaging the seat in under five minutes. For some unknown reason, Ford decided to hide the Isofix points on the Ford Cmax, opting for a secondary kit that needs to be fitted which reveals harness points. If you want to know how to do ...
What does it cost to become a motor trader (what do you legally need)
Переглядів 35 тис.2 роки тому
If you are thinking of becoming a motor trader then this video will tell you what it costs to get started (based on my costs). This is me rabbiting on about all the things that you will need to get started, how to stay legal and some bits of equipment that you might not have thought of, but are a good idea. Companies house link - www.gov.uk/limited-company-formation/register-your-company
Starting out in the motor trade (flipping your first car).
Переглядів 39 тис.2 роки тому
If you are thinking of buying and selling cars as a side business or looking to sack your boss and become a full time trader, this series of videos will help you get started. This video shows you what to expect when buying your first trade car, how to add value to it and how much profit can be made.
Would you buy a new Mercedes CLA 200? (2021)
Переглядів 13 тис.3 роки тому
After 2500 miles lets get an honest review of the Mercedes CLA 200. Should you buy a brand new Mercedes CLA? What doesn't the dealer tell you? Do they really depreciate that much?
BMW 5 Series 2006 for Auto Trader
Переглядів 9013 роки тому
This BMW 525d is for sale on Auto Trader.

КОМЕНТАРІ

  • @plasttrasket3800
    @plasttrasket3800 4 дні тому

    That shopping cart full of garbage in shot really makes the video pop :)

  • @user-wo4cr8mh2m
    @user-wo4cr8mh2m 20 днів тому

    What trader insurance do you have? I’m struggling to get insurance as I have no experience in trading cars

  • @petermcgregor3274
    @petermcgregor3274 23 дні тому

    Got to hand it to you Steven you know your stuff

  • @AndyBop
    @AndyBop 25 днів тому

    Make more videos, I get your busy but come on man get another one out on the side. Could even just be a little update, get it done

  • @lmr9512
    @lmr9512 Місяць тому

    were you given handouts to start out this venture? Did u start selling one car at a time from home?

    • @Stevesautos
      @Stevesautos 29 днів тому

      @lmr9512 I bought my first sales car when I was 19, I was working nights for Parcel Force (Royal Mail) while putting myself through university (I come from a under privileged background), one of the drivers had an old Land Rover series 3 in the staff carpark, he had been trying to sell it in the yellow free ads (before internet) for months for £200 but didn't even get a call. One night the manager came and said the big bosses were coming to visit the depot the next day and everyone had to clean the place, plus this Land Rover had to go that night. The driver had nowhere to store it and asked me if I wanted to buy it, he said it had £50 a diesel in it and to make him an offer, so I gave him £50 for it, drove it home and the next day I put it up for sale for £900 in the same yellow paper that he had, I had something like 15 calls on it and within twenty Four hours someone came and gave me £800 cash for it. I took that £800 and bought another car and that's how I started, selling one at a time, I had no storage and wasn't registered as a trader or even knew what I was doing. A short time later my dad passed away and I had to make money while continuing my education, I worked evenings in a local hotel, delivered curries on the weekends, and sold cars so I could give my mum some money. I grafted for everything, and lost it all twice, but cars have always been my back up income. If anything, my journey with cars proves that you can start with very little, in difficult circumstances, and make money.

    • @lmr9512
      @lmr9512 29 днів тому

      @@Stevesautos amazing thanks for sharing and god bless

  • @jameswarwick1602
    @jameswarwick1602 Місяць тому

    hi Steve loving the down to earth videos, I'm just in the process of being a motor trader ,i used to do from my house and drive 25 yr ago I'm just asking do you buy most of your cars from auction, and also dealer trade ins around the back of forecourts etc ,keep up the good work cheers James

    • @Stevesautos
      @Stevesautos Місяць тому

      Hi James, thanks for that comment, I appreciate it. Yes mate, that's exactly where I buy the cars from, as many as I can from main dealer part exchange to avoid auction fees on both sides. Best of luck.

    • @jameswarwick1602
      @jameswarwick1602 Місяць тому

      Thank you so much for your quick reply, keep up the great videos Steve many thanks James

  • @JalalKhan-mm3pv
    @JalalKhan-mm3pv Місяць тому

    You forgot the VAT and tax on the income

    • @Stevesautos
      @Stevesautos Місяць тому

      No I didn't, you pay tax at the end of the year based on the total profits from all vehicles, if you take 100% of the profit made on your first car and buy another car, you don't pay tax on stock. And I also didn't forget VAT, you won't be VAT registered when you first start out, you need to turn over £90K before you need to register for VAT.

  • @JosephPhilipN
    @JosephPhilipN Місяць тому

    What about motor trade insurance and trade plates when you starting out.. how can you do it?

    • @Stevesautos
      @Stevesautos Місяць тому

      check out my other video on my channel, it will answer that question for you.

  • @bubzino
    @bubzino Місяць тому

    4:47

  • @profphilbell2075
    @profphilbell2075 Місяць тому

    You should get your car checked out. I have never had the problems you describe.

    • @Stevesautos
      @Stevesautos 29 днів тому

      Not my car buddy, it was a dealer loan to make the video when it was new.

    • @profphilbell2075
      @profphilbell2075 29 днів тому

      @@Stevesautos Fair enough. This car was clearly a lemon.

  • @kym393
    @kym393 Місяць тому

    Try blowing the exterior faded black plastics with a heat gun, brings them up like new and saves money on conditioners.

    • @Stevesautos
      @Stevesautos Місяць тому

      But fades within a few months as your exposing the pours to the elements, with the proper treatment it can be a long term solution.

    • @kym393
      @kym393 Місяць тому

      I just watched you do the most ordinary wheel paint job I've ever seen on one of your vids. Banging on about saving money. Have you suddenly got a concious now?

    • @kym393
      @kym393 Місяць тому

      ​@@Stevesautos oh and you forgot to add the price of rear springs and front brake pads to your cost margin.

    • @Stevesautos
      @Stevesautos Місяць тому

      Painted wheels aren't going to fade in a few months are they. An ordinary paint job, on an ordinary car, that sold for an ordinary price. I think you mean conscience, genius. Conscious (concious I'm guessing) means awake and responding.

    • @kym393
      @kym393 Місяць тому

      *Conscience

  • @joealex1700
    @joealex1700 Місяць тому

    Sorry mate but this OBD scanner is rubbish doesn't show any faults. Better one can be around £300.

    • @Stevesautos
      @Stevesautos Місяць тому

      Which one are you talking about? The hand held is just for auctions so is cheap and cheerful, the bigger one runs all different kinds of software, same as a branded dealership uses and was about £1300 with licences. This channel is all about starting out, and guys don't have £300 to spend of an OBD.

  • @rehanafzal532
    @rehanafzal532 Місяць тому

    I just register my company as a car trader its limited company i am very new in this business leave my job and now looking for good experience in auto industry your video ,how to start a motor trade business is very helpful and if you have your company name and address to meet you in person for getting more information it would be a great help for me because i trust your info is the most authentic info i got on youtube

  • @IllegalHelios
    @IllegalHelios 2 місяці тому

    Love your content steven, just wish there was more of it. I'm hoping to get into flipping cars as a side gig but I dont have anywhere to work on them... welsh valley things. Do you have any recommendations?

    • @Stevesautos
      @Stevesautos Місяць тому

      Thanks mate, I'm working on more content, I'm so busy I struggle to get it all recorded and edited, but I am working on it. I actually started in Newport, so not far from you, from a terraced house, I made sure I only bought the cheap to-tax cars so I could legally keep them on the road, as long as you tell your insurance company you can do it legally. I had one car at a time in the beginning and then when I had more vehicles I would ask friends, family, and even neighbors who had some off-road parking if I could use their drive, whenever I sold a car I would buy them a bottle of wine or something as a thank you. There's always a way, if you're going to start, now is a great time, summer is here so lighter nights and better weather to get them cleaned. Best of luck, you can do it.

  • @nadinebatt9869
    @nadinebatt9869 2 місяці тому

    Dankeschön! Das hat uns sehr geholfen! Herzliche Grüße aus Deutschland 🎉

    • @Stevesautos
      @Stevesautos 2 місяці тому

      Gern geschehen. Es freut mich, dass ich helfen konnte.

  • @SamDaMan101
    @SamDaMan101 2 місяці тому

    Cracking video, straight to point. Top man 🤙🏻

  • @emilutas6045
    @emilutas6045 2 місяці тому

    You're THE MAN!!! 💪🏼🫅🏻

  • @joelee5175
    @joelee5175 2 місяці тому

    Hi mate I’ve got a question if there’s anywhere I could message you privately thanks.

  • @doricdave7192
    @doricdave7192 2 місяці тому

    Great and very informative videos mate. Personally I wouldn't name who's ran into me.

    • @Stevesautos
      @Stevesautos 2 місяці тому

      It's people like this guy who are the reason all our insurance premiums go up, he ran in to the back of me, took responsibility and then a few days later claimed I reversed in to him, that could have cost me my no claims and my premium going up next year. What it actually did was cost the insurance company to investigate, plus a hire car for every day they they took to prove it. I think people who do this should be named and shamed, especially as my insurance company proved he was in the wrong. I personally think people who lie in these situations should be prosecuted.

  • @simonpeters888
    @simonpeters888 2 місяці тому

    I would of bought it took a chance if it was too far gone just scrap and take the small hit, he who dares wins lol

  • @olitonottero7620
    @olitonottero7620 2 місяці тому

    super helpful, you deserve 1 million subs !!

  • @trading-university.
    @trading-university. 2 місяці тому

    Nice one, good to see your video popup in my feed.

  • @luqmankhan9631
    @luqmankhan9631 2 місяці тому

    Hey Steven thanks for the video Is there a website that lets you determine the trade price for cars? Also why are cars priced at £1995 for example? Why not £2000? Cheers and thanks again the video!

    • @Stevesautos
      @Stevesautos 2 місяці тому

      hey @luqmankhan9631 There's Glass guide and CAP HPI, which can give you an idea of trade value and retail value, but you need to use your common sense, the car condition will adjust the price. In reality, you don't need to subscribe to these as most auctions will tell you the trade value in the catalog, but as with everything it isn't that simple. I'm trying to put out a video every two weeks at the moment and I have been asked this question several times before, I will make this video for you guys by the end of the month, it will be a walk-through of how I price cars up, and you can take from that what you will.

    • @luqmankhan9631
      @luqmankhan9631 2 місяці тому

      @@Stevesautos Thank you for the answer! And yes a video on this would be extremely useful! Again thank you for being honest and upfront with us :) Looking forward to future uploads

  • @gavincashman
    @gavincashman 3 місяці тому

    I've got 2017 Ford C Max I've had the car since December 2020 through Brittana Cars in Langstone Newport Gwent my car has done 73,385 miles My car needs two new front tires new gearbox through mustoes Caldicot at mustoes you can get your car serviced tires and mots there also body repair shop

  • @Flatcap_Media
    @Flatcap_Media 3 місяці тому

    Really good video 🙂 been thinking about starting this myself. Timing chain sounds a little stretched but still a cheap car for somebody 😊

  • @adrianedwards6911
    @adrianedwards6911 3 місяці тому

    Nice video, you can just pop up every 6 months 😂 need to keep the vids coming. Is car trading your full time job?

    • @Stevesautos
      @Stevesautos 3 місяці тому

      Hey Adriane I've been trading since I was 17, If I did it full time I would lose my passion for it, so very much a hobby and provides a nice second income from my driveway (that most would consider a full time income), I have another business that keeps me extremely busy.

  • @uiscrap
    @uiscrap 3 місяці тому

    U were lucky it went thru mot

    • @Stevesautos
      @Stevesautos 3 місяці тому

      Why, I did everything it needed.

  • @patriciaberger3185
    @patriciaberger3185 3 місяці тому

    Merci pour la vidéo des explications ! Grâce à vous on a pu fixer le siège en Isofix 👍

  • @shauntarlton2704
    @shauntarlton2704 3 місяці тому

    Great content, what was your race car?

  • @user-zb9il4xd7f
    @user-zb9il4xd7f 4 місяці тому

    excellent video... very well explained

    • @Stevesautos
      @Stevesautos 3 місяці тому

      Glad you liked it

    • @garethwinnard4876
      @garethwinnard4876 3 місяці тому

      Mate this was exactly what I needed, been in the trade 13 years working at VW on sales, I've had a 4 year sabbatical and wanted to get back into but on my own rather than working looong hours at a main dealer, any tips on where to source stock from? Thanks

    • @Stevesautos
      @Stevesautos 3 місяці тому

      @@garethwinnard4876 Hi Garath, the best place is always to buy main dealer part-ex if you can, sounds like you may have some connections already to buy direct and skip the auction fees. Otherwise, the auctions, BCA is still the best. I wish you luck, mate.

  • @MirzaEbrahimBaig
    @MirzaEbrahimBaig 4 місяці тому

    Hi Steve, this information is really helpful tysm for that. Can you please tell as a side income where i can source the stock from? Auction ??

    • @Stevesautos
      @Stevesautos 4 місяці тому

      Auction yes, also go and speak with the main dealers, they will often let you buy the part ex cars instead of paying auction fees.

  • @dariosmith4719
    @dariosmith4719 4 місяці тому

    Do you put the logbook in your company name?

    • @Stevesautos
      @Stevesautos 4 місяці тому

      No, I'm registered as a trader so the logbook never gets sent off, you can either send off the trade slip on the logbook or register it online as in trade. This way the DVLA know you have the vehicle but it does not add any owners to the logbook.

  • @saief300
    @saief300 4 місяці тому

    Looking to get into the car trade and this was a great informative video

  • @MrHarco99
    @MrHarco99 4 місяці тому

    You saved my life ! Thank you so much 🙂🙂🙂🍻

  • @Am0kk87
    @Am0kk87 4 місяці тому

    Thank you so much! My 2 boys are 1 year now and it's time to get a new baby seat... 90% are Isofix and I hated the idea to cut holes in there.

  • @dawpla89
    @dawpla89 4 місяці тому

    The best video on youtube about selling cars and setup up the bussines!! Thank you Steve for very interesting information. I start looking for trade insurance, I hope I can get one. Trading mainly from home. Is there any chance you could share some knowledge about the warranty for the cars you selling under ltd company? I'm a bit concerned when you selling cars as a sole trader or ltd company how much warranty should I provide with the car ? I really would like to be honest with the people and build healthy and friendly relationship. Thanks in advance. Btw. Are you available outside youtube to talk about it and help with sime questions ? Im happy to pay fir your time 😊

  • @luqmankhan9631
    @luqmankhan9631 5 місяців тому

    Hi Steve, love the videos and the knowledge you give to us guys looking to start out in the motor trade, thank you so much! I have two quick questions if thats okay 1. Where/How do you go about finding trade prices for cars, is there a best website? 2. Why are cars priced at £...95? Why would you price a car at £995 rather than £1000? Looking forward to seeing more of your honest videos about the industry!

  • @mobilvettamotorhome2056
    @mobilvettamotorhome2056 5 місяців тому

    BTW - do you still have the C-Max? If so are you getting water in the boot? It’s a problem on mine that I keep thinking I’ve got fixed but it comes back. Any tips appreciated!

  • @mobilvettamotorhome2056
    @mobilvettamotorhome2056 5 місяців тому

    Thanks - really useful to know!

  • @user-kk2bo4de8m
    @user-kk2bo4de8m 5 місяців тому

    tried it ,not that easy , should have had you tube back then could have done that

  • @MrSnowGul
    @MrSnowGul 5 місяців тому

    I’m struggling to get trade insurance. Most insurers need proof of trading for a year ie receipts of buying and selling cars. I’ve bought and sold a few cars through face book but never thought about providing receipts. Any advice or recommended insurers appreciated

  • @FarazAbid2011
    @FarazAbid2011 5 місяців тому

    Very good video, clears everything up! Thanks mate

  • @ibrahimlatif10
    @ibrahimlatif10 5 місяців тому

    Very helpful video

  • @musicheaven2374
    @musicheaven2374 5 місяців тому

    What if you can’t get trade insurance due to being under 25 yet have a LTD set up ready to go?

  • @rampantram1
    @rampantram1 6 місяців тому

    cant believe you were so anal over the condition of those plates mate but turned a blind eye to the leather gear gaitor and handbrake shroud.

    • @Stevesautos
      @Stevesautos 6 місяців тому

      lol, someone will fall in love with the car from the outside, it's a simple case of expectation vs profit, gear gaitor was about £15, for a more expensive car then yes I would have changed it, it wasn't a showroom condition car so I don't think it needed any extra spending on it. But, yes I am anal about number plates lol

    • @rampantram1
      @rampantram1 6 місяців тому

      @@Stevesautos unless they get advised as deteriorated on mot i never bother with the cars i flip.stuff like leather coming off gaitors or handbrake shrouds yes as you can see them when sat in the car.you cant see a number plate from inside car.keep up the good work and flipping them over

  • @icecold4085
    @icecold4085 6 місяців тому

    Hi Steve, was wondering if you had instagram or any other social media platforms to contact you on? I'm just getting started on the car flipping and would appreciate reaching out 😊

  • @GaryThatsgary
    @GaryThatsgary 6 місяців тому

    Missed the expenses for cleaning products.

  • @robertbradley707
    @robertbradley707 6 місяців тому

    Where is your free download for vat spread sheet thanks

  • @stephenwilliams2913
    @stephenwilliams2913 6 місяців тому

    Hi Steve, love your videos. Please continue and make more 👍🏼. I've got a question about driveway traders insurance. I've been phoning around to get quotes and its a bit of a minefield. Please could you recommend any companies / brokers. Many thanks and Merry Christmas.

    • @Stevesautos
      @Stevesautos 6 місяців тому

      @stephenwilliams2913 there are only a handful of companies that will touch drive way traders, I changed in December from Tradex to AXA, I've been with Tradex for 5 years but they put the price up over £400, where AXA upped the value of my stock to £7500 with an unlimited number of cars. It is a mind field which doesn't make sense to anybody.

    • @stephenwilliams2913
      @stephenwilliams2913 6 місяців тому

      @Stevesautos Many thanks for the advice. I really appreciate it. Will give AXA a ring in the New Year.

  • @mistergustavo6554
    @mistergustavo6554 6 місяців тому

    This is a gem of a video 😂