Unfair Finance Rules Have The Used Car Market In TURMOIL!

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  • เผยแพร่เมื่อ 16 ธ.ค. 2024

ความคิดเห็น • 80

  • @RealTorquePodcast
    @RealTorquePodcast  24 วันที่ผ่านมา +3

    You can now show your support and buy our guests a coffee 👍
    buymeacoffee.com/cardealerchat

  • @JeffPower-dv3zl
    @JeffPower-dv3zl 20 วันที่ผ่านมา +2

    Great bunch of Lads thanks 🎉❤😊

  • @keithgale2596
    @keithgale2596 23 วันที่ผ่านมา +3

    Well done Gentlemen! A very honest conversation and shows how decent you guys are as dealers

  • @bobbydwheelhouse
    @bobbydwheelhouse 23 วันที่ผ่านมา +16

    That’s a comedy seating arrangement. Looks like he’s out with his older brothers 😂

  • @Kendoddsdadsdogsdead532
    @Kendoddsdadsdogsdead532 23 วันที่ผ่านมา +8

    Never bought a car on the drip and never will...banganomics for me all the way.
    Still an interesting video mind....

  • @bluefish2303
    @bluefish2303 21 วันที่ผ่านมา +1

    The in-person chat works so much better!! No pauses or dropouts due to poor technology infrastructure!

  • @davidadams5116
    @davidadams5116 23 วันที่ผ่านมา +8

    He looks like that small Dennis Waterman character in Little Britain

  • @leedstown
    @leedstown 23 วันที่ผ่านมา +2

    Good to see you all together on different videos Joe, the 6 months warranty is a killer, any car can have a fault within 6 months even a brand new car, G3 have done a good job getting there name out there,

  • @Dan-78
    @Dan-78 23 วันที่ผ่านมา +3

    I just went to Vauxhall and bought a corsa vx line with my daughter, they were trying their best to sell me finance and every other option going, anyway we rejected but was shocked to see the £99 admin fee.

    • @Dogsd1ck
      @Dogsd1ck 23 วันที่ผ่านมา +2

      @@Dan-78 they want paying extra money to do their job boils my piss

  • @honestphilippalph2481
    @honestphilippalph2481 23 วันที่ผ่านมา +2

    On auto trader cars show high financial payments. It puts people off dealers get better rates but don’t always show them .

  • @Westwood-j2w
    @Westwood-j2w 23 วันที่ผ่านมา +3

    Great vid Joe, have a good weekend mate.

  • @Rupertbearjay
    @Rupertbearjay 23 วันที่ผ่านมา +3

    Jamie Caple the GOAT ❤

  • @michaelthompson6885
    @michaelthompson6885 23 วันที่ผ่านมา +2

    Joe is the king of comedy, not sure he always means it but im guessing he does!!!

  • @trevore5481
    @trevore5481 22 วันที่ผ่านมา +2

    Joe watch ( black belt barrister) he explains all the pitfalls for a dealer using finance company’s

  • @mrgrumpy9077
    @mrgrumpy9077 23 วันที่ผ่านมา +2

    loving these podcasts , learn hell of a lot about car trading, I can't believe if a customer cannot pay for a car , or get a bank loan then save a bit longer , 😮 keep the boys coming with there wit and experience 😅👍🚘

  • @GeekOfShaves
    @GeekOfShaves 23 วันที่ผ่านมา +2

    Great little snippet. Looking forward to the one tommorrow.

  • @ramfrancisuk
    @ramfrancisuk 23 วันที่ผ่านมา +5

    The Finance Companies are doing their Anti-Money Laundering checks - that is why they want the extra information from you. There are severe fines for breaching AML.

  • @MichaelNeiland
    @MichaelNeiland 23 วันที่ผ่านมา +2

    Brilliant 👏

  • @Hilux-jt6bo
    @Hilux-jt6bo 23 วันที่ผ่านมา +2

    Are you familiar with Harley Trent lads? would be another good addition to your podcasts I would think.
    Cheers, Tony.

  • @martin1125
    @martin1125 23 วันที่ผ่านมา +2

    I'm with James I don't and won't do finance, too much hassle. I tell them to get a loan or I'll take a credit card payment.

  • @gregp1
    @gregp1 19 วันที่ผ่านมา

    I don’t mind paying an admin fee if to sort my own finance, I have done for the last 2 cars…. but £500 !

  • @andrewmcnorton894
    @andrewmcnorton894 23 วันที่ผ่านมา +5

    How far away is joe sat

  • @geraldwilson5954
    @geraldwilson5954 21 วันที่ผ่านมา

    What about when you sue the dealer awarded payment only to find that afternoon when returning from court dealer closed only to find now trading under a different name from same premises.

  • @jimbandit1250sa
    @jimbandit1250sa 23 วันที่ผ่านมา +3

    Finance companies, id stay away from them way too many conditions and too much hassle 😃😝😀 they like to be in control

  • @liamegan4303
    @liamegan4303 23 วันที่ผ่านมา +1

    Hello from Ireland again, Joe. Enjoy your Coffee ☕️, Joe. It's well deserved, Mate. Great Podcast again. Keep it up. 💯☕️☕️👌👏👏👏👏👏👏👏👏

  • @winbig1
    @winbig1 23 วันที่ผ่านมา +1

    The problem is there are chancers. But there are also more money launderers and drug dealers that set up car dealerships via companies house etc so they can look all legit and everything but ultimately couldn't care less because they're not proper car dealers they are money launderers and drug dealers. But they just look the part and take people's money. That's why people don't like buying cars from. Huddersfield, Bradford, Birmingham etc and the real car dealers all get tarred with the same dodgy, chancer brush.

  • @alancoomes2797
    @alancoomes2797 23 วันที่ผ่านมา +4

    James is right , avoid finance, tell them to get a bank loan

  • @bigfoz8533
    @bigfoz8533 23 วันที่ผ่านมา +2

    Joe you look like the size of a hobbit😁, you gonna have to change the seating arrangements😁😁

  • @mrbigvanlife7130
    @mrbigvanlife7130 23 วันที่ผ่านมา +2

    Why is Joe small? Like Denis Waterman - Little Britain - sorry Joe it was a good chat though 😊

  • @ronaldgoddard9733
    @ronaldgoddard9733 23 วันที่ผ่านมา +3

    As a suggestion why not invite a customer on the podcast? They may have had a good experience with another dealer or a bad one, I would certainly be up for it myself. I have an interesting story to tell too!

  • @markwhelan3379
    @markwhelan3379 23 วันที่ผ่านมา +1

    Hungry for advertising with the laptop stickers ...you'd think you'd give it a rest joe for once

  • @SidneyPeters-o3u
    @SidneyPeters-o3u 23 วันที่ผ่านมา +4

    Joe, you look like you live in the Shires

  • @brendonelton
    @brendonelton 22 วันที่ผ่านมา

    I can buy a car for £300, get it MOT'd for £35, do all the work my self, and kick it down the road for £1500 or more without spending an arm or a leg.

  • @minimeee04
    @minimeee04 23 วันที่ผ่านมา +2

    😂Joe looks like a Pixie.

  • @Gothicgarlic
    @Gothicgarlic 23 วันที่ผ่านมา +2

    Is Joe small or far away?

  • @MaxMax-th7uz
    @MaxMax-th7uz 16 วันที่ผ่านมา

    People moan about car dealers making money ..
    People don’t moan a gas man charges you £2000 labour to change a boiler .
    The goverment makes 70% tax out of every gallon of you buy , spend £70 a week on fuel , £3500 a year . And that’s about £2500 a year indirect tax …
    Car dealers work hard to sell the public a decent car ! And they are second hand / used cars …
    With thousand of moving parts !

  • @420somewhereG
    @420somewhereG 20 วันที่ผ่านมา

    👍🏻👍🏻👍🏻

  • @steffydog
    @steffydog 23 วันที่ผ่านมา +2

    I’m not sure bleating poverty will help you gents, I’m sure you are all making a nice living, good on you, absolutely great.
    But you can’t say you simply don’t want the finance commission when one dealer says it’s made up half of his profit in the last 6 months, HALF, or in other words it’s added 100 % to his profit made on the car. Or have I lost my marbles?
    As for this video, with no context given at the start are we to assume you are talking about adding a fee to a car, (touted at £500) if I get my finance anywhere other than you? So the fee is to supplement your lost commission on the finance?
    Brilliant, so I want to pay cash and you want to charge me lost commission too?
    Or is the £500 to offset the legal advantages the consumer has by buying on finance?
    Interesting, thanks.

  • @darrenarbon9890
    @darrenarbon9890 20 วันที่ผ่านมา

    Looks like a baby version of joe in the middle.😁😂

  • @Lukey-jy4ez
    @Lukey-jy4ez 22 วันที่ผ่านมา +2

    These dealers should approach China EV manufacturers to become part of their UK network. Strike now while it’s early. Forget the used market and let used cars be purely C2C

  • @kristian5009
    @kristian5009 23 วันที่ผ่านมา +4

    I find it really odd that from all Joes content not once did he ever tell us his little son was going to be taking over.

  • @MrFreestyler71
    @MrFreestyler71 23 วันที่ผ่านมา +10

    Dealers have had it too good for far too long and the tables have turned RIGHTFULLY in the consumers favour. Its years of hiding so many commision fees and the current DCA's that the consumers are rightfully claiming for. Dealers call adimin fees as that or deposits both are horrendous charges that should not be part of a consumer deal. Im not sure what you all are complaining about really?? It is years and years of underhand deaaler/finance relations around fees and commision that has brought all this to a head. If dealers dont offer PCP/HP them dealers will go under imo. Auto Trader rule the car industry on both price and margins. I like watching your channels but currently its like every customer is bad lol

    • @RealTorquePodcast
      @RealTorquePodcast  23 วันที่ผ่านมา +7

      As per your comment on my other video, you are completely naive to the facts

    • @winbig1
      @winbig1 23 วันที่ผ่านมา +2

      Have you ever actually tried to be a 100% straight car dealer !? Try it first then come back and say how crazy the job is.

    • @carl235
      @carl235 23 วันที่ผ่านมา +1

      Dealers have had it so good with around 3% net margins. That’s £300 on a £10,000 car!
      Warranting 10 years old cars for 6-12 months.
      Dealers hid nothing. The cost of borrowing and monthly payments were clearly laid out. Dealers followed the process that the finance companies set and the FCA regulated.
      Nobody forced anybody to take car finance. Consumers have a personal loan application button on their bank apps. They could have got a bank loan instead where they would also have payed back more than they borrowed..
      Joe thanks for providing such great content and spending £1000’s producing it.

    • @Miz-ql3ho
      @Miz-ql3ho 23 วันที่ผ่านมา

      Mr freestyle… Shut up you silly sausage….

    • @paulm6397
      @paulm6397 22 วันที่ผ่านมา

      Spot on, and as usual you get the standard used car dealer reply!

  • @TheyLive-y1n
    @TheyLive-y1n 23 วันที่ผ่านมา +1

    you look tiny in the middle

  • @blairoutproject
    @blairoutproject 23 วันที่ผ่านมา +3

    An hour and twenty mins of whinging bar stewards…..no thanks

    • @markfoden765
      @markfoden765 22 วันที่ผ่านมา +1

      Typical troll response

  • @alundavies5171
    @alundavies5171 23 วันที่ผ่านมา +1

    Joe are u tiny ? this video makes u look like a schoolboy lol

  • @thegreat_cornholio
    @thegreat_cornholio 23 วันที่ผ่านมา +1

    Chops once again slating the customer.

    • @ChopsGarage
      @ChopsGarage 23 วันที่ผ่านมา +1

      Interesting comment , where did I slag off a customer?

    • @thegreat_cornholio
      @thegreat_cornholio 23 วันที่ผ่านมา

      @@ChopsGarage A bit of perspective from a viewer and consumer. Recently when I have watched videos from you guys, you just seem very quick to occuse the consumer of "stiffing" you. I appreciate this happens, and quite wrongly; however as consumers, we too are stiffed by dealers. Not necessarily by yourself, but it does come across as though all customers are the bad guys from yourself. Either way, love the content from you all.

    • @ChopsGarage
      @ChopsGarage 23 วันที่ผ่านมา

      ​@@thegreat_cornholio Many thanks! As regards being stuffed by dealers I very rarely get proper examples. It tends to come across more as urban legend more than hard cases. Those I do hear tend to be unfair expectations of full vehicle restoration for 75 percent off new.

  • @zzhughesd
    @zzhughesd 23 วันที่ผ่านมา +2

    CapelMiester

  • @Dogsd1ck
    @Dogsd1ck 23 วันที่ผ่านมา +4

    I wouldn’t buy a car from a dealer that charges an admin fee, you either want to work for the profit on my sale or you don’t

    • @RealTorquePodcast
      @RealTorquePodcast  23 วันที่ผ่านมา

      We do enough work as it is, I'm not going to 'work' to get someone to buy it. If it takes work, it aint worth it

    • @Dogsd1ck
      @Dogsd1ck 23 วันที่ผ่านมา +1

      @ so you basically want paying for nothing? I don’t need to buy a car from you but you need to sell them

    • @RealTorquePodcast
      @RealTorquePodcast  23 วันที่ผ่านมา +1

      To make it a profitable job so that we can still provide the service that motorists want. For the record, we don’t charge an admin fee and I don’t need to sell a car to you, in fact I’d rather not, you seem really entitled like we should beg to sell a car to you 😂

    • @Dogsd1ck
      @Dogsd1ck 23 วันที่ผ่านมา

      @@RealTorquePodcast just as well because the majority of the stuff you sell is high mileage scrap.

    • @markfoden765
      @markfoden765 22 วันที่ผ่านมา

      ​@@Dogsd1ckwow who hurt you😂bless you