Congratulations and best of luck. Big step big risks and hopefully big rewards will be staying tuned to watch you progress. This is an idea I’ve played with for years so be great to see how it goes 👍👍
Good luck to you and thank you for the info. One question please, do you know if 'part time' trade insurance is available? and at what approximate cost? Surely there are folks that want to start the same thing with maybe selling a couple of cars a month compared to maybe 25 ?, just to top up a different full time low income? Did you look into this at all? Many thanks.
Is it worth becoming FCA from home? Never actually registered myself but the done lots of yearly tests as a salesman. Also finance a minefield with extra consumer rights. Im doing what your doing but will wait for premises before FCA registering.
I see a few issues here . Your renting, your landlord aware of this because most won't allow you trade from home . Start up businesses won't pay you a wage for many months, you will struggle to find the money each month without extra income. Warranties ?? Be prepared for rejections and you need big money in the bank as a backup. Good luck with the journey
I wouldn't waste the money on a finance license you won't be selling enough to justify it and you can use brokers without having a license yourself. much better
Do not offer finance on cars under 10k. Youll have cars rejected forever Never had fca and wouldn't in my world sold cars up to 20k and never had anything financed
The very best of luck .. the hours and the public can be a pain but you certainly know how to present a car .
Great video. Best of luck. And we need more videos like this
Look forward to the next video. Good luck with it. Am seriously thinkin the same. So I will watch in interest your next videos.
Thanks part 2 is live on the channel
Congratulations! Best of luck, love watching you on here!
Good to see you back and wish you all the best in your future and looking forward to the video content
Great video nice to see some one showing people how to set up properly
Thanks
Well done, looking forward to seeing the cars roll in and out 🚙🚙🚙🚙🚙🚙
This is a very informative video as not everyone goes through these initial start-up costs. Much appreciated and wish you all the best.
Good luck bro. Really exciting to be on the journey with you. U present cars so well I can't see you failing.
Congratulations and best of luck. Big step big risks and hopefully big rewards will be staying tuned to watch you progress. This is an idea I’ve played with for years so be great to see how it goes 👍👍
Thinking about doing this myself so I will be watching good luck
Another great video, Good luck keep them coming
Looking forward to this. 🎉
Best of luck!
I know someone creating new a DMS system, will be looking for testers soon. Would you be interested in that?
Good luck 💪 Sue 😊
Thanks sue
Good luck to you and thank you for the info. One question please, do you know if 'part time' trade insurance is available? and at what approximate cost? Surely there are folks that want to start the same thing with maybe selling a couple of cars a month compared to maybe 25 ?, just to top up a different full time low income? Did you look into this at all?
Many thanks.
When you do an online quote the broker will call you with there best offers
Congrats on taking the leap! What’s your plan with regards to storage of vehicles?
I have parking for roughly 8 cars on my drive
Local council might not like that nor will landlords
Only selling 5 or 6 landlords are fine and council are aware as we have applied for a new business grant
Is it worth becoming FCA from
home? Never actually registered myself but the done lots of yearly tests as a salesman.
Also finance a minefield with extra consumer rights.
Im doing what your doing but will wait for premises before FCA registering.
I always thought the site was your for some reaosn
No I am just the manager but hopefully things will work out good
Good luck with the business bro, I'm sure you'll smash it! Which bank will you be using for the business bank account?
Probably a monzo business but for now just my personal
@@jamesjakeman1 Last time I checked, car trading wasn't a business type that Monzo support/allow. I'm thinking of opening an account with Mettle.
You can't legally do that
Business banking is a minimum
I see a few issues here .
Your renting, your landlord aware of this because most won't allow you trade from home .
Start up businesses won't pay you a wage for many months, you will struggle to find the money each month without extra income.
Warranties ??
Be prepared for rejections and you need big money in the bank as a backup.
Good luck with the journey
I have a part time job at my current dealership
I wouldn't waste the money on a finance license you won't be selling enough to justify it and you can use brokers without having a license yourself. much better
I think for the next 6 months I'll use the dealerships accounts to get finance
Do not offer finance on cars under 10k.
Youll have cars rejected forever
Never had fca and wouldn't in my world sold cars up to 20k and never had anything financed
3rd 🎉🎉🎉🎉🎉😂😂😂
Hope it works out . Wish I could do it 👍