HOW MUCH DOES IT COST TO RUN A USED CAR DEALERSHIP?! 🎙
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- Опубліковано 2 лип 2024
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General conversation about business and being a used car dealer.
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#Podcast
#BonusVideo - Авто та транспорт
Car show on Sunday 2nd July. Here’s the ticket link:
www.petrolheadonism.club/ccdevent
Don’t think you get the recognition you deserve for your communication skills, got a skill for explaining the way the business works you would be a great car business trainer
Was so shocked at that auto trader bill I thought you were going to say 3000-4000 🤯🤯🤯
Mad that AutoTrader is not in Ireland. It was in the 90’s but vanished. And post brexit buying cars in the UK to import into Ireland is mostly dead which is a bloody shame.
Killed the car trade here. We were massively reliant on cars from the UK. Which are often better specced and better maintained than Irish cars.
@@patcrowley4405 yeah it's a real shame, I managed to grab myself a UK Golf GTI just in time
Auto trader were in Ireland until last year. They were called Carzone over here. Auto trader sold it last year for 30m
@@kelvyndoyle9339na the AutoTrader platform is very different to Carzone. AutoTrader May have bought Carzone a few years ago but AutoTrader as you know it in the UK has been gone for years. We are stuck with DoneDeal and Carzone.
Keep up the great work Calv! Can’t wait for your Podcasts 👍🏼
Really good video Calvin, content just keeps getting better
Absolutely loved this video, wish you done this a few weeks back when I was doing my uni work. Answered half my questions for different types of business and tax/VAT 🙌🏼 could watch these all day! Start a new series of podcasts like this please 🙏🙏
Great video Calv...loving the look on the screen of the podcast room...Love the info on the video...Keep the videos coming man...👍🏻💪🏻👏🏻
I do love all your videos. It is your honesty that always shines through. £144k a year to AutoTrader. Back in 1993, we all forget the original. Exchange & Mart. So there was competition. Which exponentially meant, lower marketing costs for dealers. I have an idea for this market, and with that level of cost, I must pursue it 😳
Nice alternative vlog mate 👍😎 great explanation. Take it easy , keep up the awesome work.
I loved this podcast kind of setup and was able to get a better insight into the car trade looking forward for future videos.
That brings back some serious memories buying auto trader magazines and going to the cheaper 500 pound cars section and dream of what cars I wanted to get and fix up. Always wanted to do what you have done Calvin.
I used to have so many Top Marques magazines laying around. The amount of money I wasted as a teenager, I wonder what my parents thought. Always got a buzz seeing a McLaren F1 listed. That's why I want to start trading, I have so much accumulated knowledge of cars, experience with running a business and also a web dev, I think I can make a good go of it. The trick is taking on simple cars, small displacement, relatively new, nothing complicated. No ropey german metal with sus history, no massive high mileage SUV's etc etc.
😂😂😂i used to go and sit and read them in the shop at the bargain page 😂😂😂
Great video Calvin. Really like these style of videos
I have been here for the past year and enjoy every video mate your teaching us so much 😊
Fantastic inspirational video Calvin 👏
Keep smashing it Calvin and binca 👍🏻
Always quality videos mate. Love the great insight
Can't wait for your ccd event, be good to meet Calvin
Love watching your videos
Great vlog. Remember the auto trader mags. And the old exchange and Mart paper. Brilliant. Best wishes
not many youtubers are entertaining to watch your smashing it!
What I did when I started out was start a service based motor trade business (started with detailing and bodywork and added more services over time) used the profits from that to buy my stock ( small amount of vehicles with larger margins) managed to do the repairs / work through my business at huge discount and then able to sell the car for a profit. Obviously this method won’t work for everyone but it solves the issue of storage and repairs / servicing
I actually detailed your M6 calvin if you remember 😂
Very informative video. Gave me good knowledge 👍👍
Good job you got UA-cam to keep you afloat 👍🏻
Keep doing your shit bro 🔥🔥🔥
Bloody brilliant video calv as always, cant beleave how much auto trader charges you its mental 😮😮😮
I'd love to do this myself. In fact, I used to work at a scratch and shine several years ago, and the manager did used car trading and asked me to be involved in it and manage the website, adverts etc. due to good english speaking, it skills and a lot of car knowledge, but even until now there's been so much stuff going on that he's not managed to start back up. I've got such a huge amount of car, market and some it knowledge going to waste but with everything so expensive, money is a big requirement to get started
Calvin that room is kool the lights . Thats better than my Brothel in Manchester and they has bottles off oil Not Water .
Calvin, talk about trader plates / insurance please
Calvin's come a long way
You couldn't buy that H reg Transit for that price now, so it would have been a great investment😂
If your interested there actually knocking down the original AutoTrader HQ here in Reading and the original logo signs are still on the building!!
Good stuff.
Great video Calvin nice and informative 👍, how does trade insurance work and is that expensive?
Mega now days 😢
That autotrader magazine is older than me!
I hope Auto Trader see this video and give you heavy discount for your loyalty and kind words towards them
Who remembers it being Thames valley trader if you lived in west London
Did i hear that correct..12k a MONTH???? Or annually? Autotrader getting that doe in 😂💰
Call it the content room
GOOD VIDEO
Does the same rule apply with tax when it comes to sale or return?
Maybe an MTV style tour of your home… and garage etc
Bet his got a nice gaff with his millions amazing grafter
Preparing the cars costs thousands overs a year
What about traders insurance?
good content,i like all your car videos its your honesty & do the best you can for clients.
This is why dealers cars are expensive comapred to private seller, but problem is that people hust judge everyones the same but its not true e.g. not all private sellers from home are selling a shit car or lemmon, some of us actully buy a car and just sell it for small profit even after putting moeny into it try to sell it as a dealer qaulity but still get time wasters and people saying oh its old car its not worth that when you see same or simler cars at others sellers and dealers for 2 times more and still sells. 😢
Totaly agree its hard outthere
12k for 99 listings is insane, it obviously works but thats a crazy amount
Cool. How about other costs? Staff? Warranties?
Good shout
Out of interest, do you use a financial adviser? They could really help with the tax side of it, taking income efficiently, making pension contributions to reduce tax liability etc...
I used to go on auto trader but nw days I think it’s died f death my grandad still looks on there lol
*Before the Internet, I used the LOOT AND DIAMOND FREE ADS* 🙈🤣
CALV PLEASE INVITE ME TO COME FOR A PODCAST! I HAVE A MAD STORY WITH CARS ETC.. FROM A VERY YOUNG AGE. THAT'S WHAT GOT ME I TO CARS. TRUST ME BRO. IT'S MAD
Great video. Please do a cost breakdown of your UA-cam dealership. It will help people like me to see how much i need to save to start a car sales business
Great shout 👍👍👍
Why do you only have to pay 16% tax/vat? Genuine question as I'm not vat registered but I was told by someone (can't remember who!) if I was, I'd charge the customer 20% but would only have to pay the tax man 16% back which is like what you said, but I don't understand why!
It’s not 16% mate it is actually 20% so it’s worked out as if we’ve charged our customer vat.
For example:
100% - 16.666% is basically equal to 83.333 x 120%
What was VRS bill? 👀🤦♂🤣
You need an advert like that annoying one from ...... just sold my car on binbincaaa 🤣
He could use Schofield now he's jobless
@@stokes8626 🤣
😂😂😂
Car dealers all cry but rob ya car on a px
Answer is. A lol of time. Low cost. Plenty profit. Individual adverts. Before go Autotrader contract. If done with ease. Not hard. Can have a site 2/3 spaces office. Tax cars. Leave them 500 metres apart . It doesn't have to be expensive and you can start on ow capital.
Anyone who does that.. Screams dodgy..
@@Sendit1118 Yup, but to get started you don't start with the Big Ex's ( Expenses ). And don't forget traders 19/20 considered dodge. It's an image a trader cannot escape from 'at the start' already labelled as dodgy
Do u have someone else running / managing the business while u make videos
Yes mate there’s a few of us
It’s a joke paying vat on second cars. It is already paid when someone buys a brand new car!
What if someone’s below the £85k but making £45k a year just trying something out offering their “service”? Asking for a friend😇
👍🏼👍🏼👍🏼🚘
who remembers loot?
Wasnt that based in london 🤔
First Comment 😁👌🏻
Gold blue Peter badge for you...
wtf thats p/m
i ad no idear
AT are a necessary evil 👿 your EMG is cheap, must be one of the older packs, don’t change
Fair play to you mate I have an old banger to girls live in a home with me I can’t afford another car can you give me one
😮😮