HOW MUCH DOES IT COST TO RUN A USED CAR DEALERSHIP?! 🎙

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  • เผยแพร่เมื่อ 25 ก.ย. 2024

ความคิดเห็น • 87

  • @CalvinsCarDiary
    @CalvinsCarDiary  ปีที่แล้ว +7

    Car show on Sunday 2nd July. Here’s the ticket link:
    www.petrolheadonism.club/ccdevent

    • @hugevagiine
      @hugevagiine ปีที่แล้ว

      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

  • @mickehoe
    @mickehoe ปีที่แล้ว +20

    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.

    • @patcrowley4405
      @patcrowley4405 ปีที่แล้ว +5

      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.

    • @omgpotatos1
      @omgpotatos1 ปีที่แล้ว

      @@patcrowley4405 yeah it's a real shame, I managed to grab myself a UK Golf GTI just in time

    • @kelvyndoyle9339
      @kelvyndoyle9339 ปีที่แล้ว +1

      Auto trader were in Ireland until last year. They were called Carzone over here. Auto trader sold it last year for 30m

    • @mickehoe
      @mickehoe ปีที่แล้ว +1

      @@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.

  • @kanequinn5965
    @kanequinn5965 ปีที่แล้ว +8

    Was so shocked at that auto trader bill I thought you were going to say 3000-4000 🤯🤯🤯

  • @Crankedist
    @Crankedist ปีที่แล้ว +10

    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.

    • @LCOF
      @LCOF ปีที่แล้ว +2

      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.

    • @flippingcarsrepairs
      @flippingcarsrepairs ปีที่แล้ว +2

      😂😂😂i used to go and sit and read them in the shop at the bargain page 😂😂😂

  • @howardlake6178
    @howardlake6178 ปีที่แล้ว +4

    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 😳

  • @thomaspalmer6336
    @thomaspalmer6336 ปีที่แล้ว +4

    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 🙏🙏

  • @thedetailingdoctor5746
    @thedetailingdoctor5746 ปีที่แล้ว +2

    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 😂

  • @HT_786
    @HT_786 ปีที่แล้ว +5

    Keep up the great work Calv! Can’t wait for your Podcasts 👍🏼

  • @christopherdouglas732
    @christopherdouglas732 ปีที่แล้ว +3

    Really good video Calvin, content just keeps getting better

  • @benmathew8773
    @benmathew8773 ปีที่แล้ว +1

    I loved this podcast kind of setup and was able to get a better insight into the car trade looking forward for future videos.

  • @bantamNeil12
    @bantamNeil12 ปีที่แล้ว +1

    Great video Calv...loving the look on the screen of the podcast room...Love the info on the video...Keep the videos coming man...👍🏻💪🏻👏🏻

  • @amartherealest
    @amartherealest ปีที่แล้ว +7

    Keep doing your shit bro 🔥🔥🔥

  • @andrewcairns7719
    @andrewcairns7719 ปีที่แล้ว +1

    Good job you got TH-cam to keep you afloat 👍🏻

  • @ChannelPro-Yt
    @ChannelPro-Yt ปีที่แล้ว

    I have been here for the past year and enjoy every video mate your teaching us so much 😊

  • @twist_of_the_wrist
    @twist_of_the_wrist ปีที่แล้ว +4

    You couldn't buy that H reg Transit for that price now, so it would have been a great investment😂

  • @guy4469
    @guy4469 ปีที่แล้ว

    Calvin that room is kool the lights . Thats better than my Brothel in Manchester and they has bottles off oil Not Water .

  • @mikematthews2k181
    @mikematthews2k181 ปีที่แล้ว +1

    Fantastic inspirational video Calvin 👏

  • @jakewilko9127
    @jakewilko9127 ปีที่แล้ว

    not many youtubers are entertaining to watch your smashing it!

  • @ruisilva3317
    @ruisilva3317 ปีที่แล้ว

    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

  • @vincentbrian7692
    @vincentbrian7692 ปีที่แล้ว +1

    Love watching your videos

  • @PDC_UK
    @PDC_UK ปีที่แล้ว

    Always quality videos mate. Love the great insight

  • @flippingcarsrepairs
    @flippingcarsrepairs ปีที่แล้ว

    Bloody brilliant video calv as always, cant beleave how much auto trader charges you its mental 😮😮😮

  • @amarahmed8227
    @amarahmed8227 ปีที่แล้ว +1

    Calvin, talk about trader plates / insurance please

  • @trevorsbarkingmadchannel4501
    @trevorsbarkingmadchannel4501 ปีที่แล้ว

    Great vlog. Remember the auto trader mags. And the old exchange and Mart paper. Brilliant. Best wishes

  • @rodrigo_realestate
    @rodrigo_realestate ปีที่แล้ว +1

    *Before the Internet, I used the LOOT AND DIAMOND FREE ADS* 🙈🤣

  • @OliSimpson15
    @OliSimpson15 ปีที่แล้ว

    Great video Calvin. Really like these style of videos

  • @ScottPC
    @ScottPC ปีที่แล้ว

    If your interested there actually knocking down the original AutoTrader HQ here in Reading and the original logo signs are still on the building!!

  • @jpmotorsport4728
    @jpmotorsport4728 ปีที่แล้ว

    Nice alternative vlog mate 👍😎 great explanation. Take it easy , keep up the awesome work.

  • @steviehanley5626
    @steviehanley5626 ปีที่แล้ว

    Can't wait for your ccd event, be good to meet Calvin

  • @clivebannister7016
    @clivebannister7016 ปีที่แล้ว +1

    Who remembers it being Thames valley trader if you lived in west London

  • @rob291297
    @rob291297 ปีที่แล้ว

    I hope Auto Trader see this video and give you heavy discount for your loyalty and kind words towards them

  • @raymondstaniland2416
    @raymondstaniland2416 ปีที่แล้ว

    Keep smashing it Calvin and binca 👍🏻

  • @Greig300
    @Greig300 ปีที่แล้ว +1

    Maybe an MTV style tour of your home… and garage etc

    • @flippingcarsrepairs
      @flippingcarsrepairs ปีที่แล้ว

      Bet his got a nice gaff with his millions amazing grafter

  • @bexoh1
    @bexoh1 ปีที่แล้ว

    Very informative video. Gave me good knowledge 👍👍

  • @Zak-cm8gc
    @Zak-cm8gc ปีที่แล้ว +2

    Did i hear that correct..12k a MONTH???? Or annually? Autotrader getting that doe in 😂💰

  • @zaidjibril6988
    @zaidjibril6988 ปีที่แล้ว

    Calvin's come a long way

  • @patrickodowd8883
    @patrickodowd8883 ปีที่แล้ว +1

    Call it the content room

  • @ah97165
    @ah97165 ปีที่แล้ว

    That autotrader magazine is older than me!

  • @jalenn757
    @jalenn757 ปีที่แล้ว

    12k for 99 listings is insane, it obviously works but thats a crazy amount

  • @thomaswalker1258
    @thomaswalker1258 ปีที่แล้ว +2

    Great video. Please do a cost breakdown of your TH-cam dealership. It will help people like me to see how much i need to save to start a car sales business

  • @ryan.r271
    @ryan.r271 ปีที่แล้ว

    Great video Calvin nice and informative 👍, how does trade insurance work and is that expensive?

  • @Adam-lf9vs
    @Adam-lf9vs ปีที่แล้ว

    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...

  • @ap6584
    @ap6584 ปีที่แล้ว

    Good stuff.

  • @hassankhan384
    @hassankhan384 ปีที่แล้ว

    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. 😢

  • @ashleydringpositivevibes8853
    @ashleydringpositivevibes8853 ปีที่แล้ว

    I used to go on auto trader but nw days I think it’s died f death my grandad still looks on there lol

  • @Ad0akes
    @Ad0akes ปีที่แล้ว

    Preparing the cars costs thousands overs a year

  • @SugeRealest
    @SugeRealest ปีที่แล้ว

    GOOD VIDEO

  • @PixelVogue
    @PixelVogue ปีที่แล้ว +2

    You need an advert like that annoying one from ...... just sold my car on binbincaaa 🤣

  • @corywilliams4556
    @corywilliams4556 ปีที่แล้ว

    Does the same rule apply with tax when it comes to sale or return?

  • @zzhughesd
    @zzhughesd ปีที่แล้ว

    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.

    • @Sendit1118
      @Sendit1118 ปีที่แล้ว

      Anyone who does that.. Screams dodgy..

    • @zzhughesd
      @zzhughesd ปีที่แล้ว

      @@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

  • @RAGNAAAA
    @RAGNAAAA ปีที่แล้ว

    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

  • @waynesarahburns3871
    @waynesarahburns3871 ปีที่แล้ว

    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!

    • @CalvinsCarDiary
      @CalvinsCarDiary  ปีที่แล้ว +4

      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%

  • @changwillneverdie9378
    @changwillneverdie9378 ปีที่แล้ว +1

    who remembers loot?

  • @gyaldriplikeaknackeredfrid5829
    @gyaldriplikeaknackeredfrid5829 ปีที่แล้ว

    What about traders insurance?

  • @LockeM140
    @LockeM140 ปีที่แล้ว +2

    Car dealers all cry but rob ya car on a px

  • @kelvyndoyle9339
    @kelvyndoyle9339 ปีที่แล้ว

    It’s a joke paying vat on second cars. It is already paid when someone buys a brand new car!

  • @JP-to3fg
    @JP-to3fg ปีที่แล้ว

    What if someone’s below the £85k but making £45k a year just trying something out offering their “service”? Asking for a friend😇

  • @PixelVogue
    @PixelVogue ปีที่แล้ว

    What was VRS bill? 👀🤦‍♂🤣

  • @patrickodowd8883
    @patrickodowd8883 ปีที่แล้ว

    Do u have someone else running / managing the business while u make videos

  • @andrewbarnard6935
    @andrewbarnard6935 ปีที่แล้ว

    AT are a necessary evil 👿 your EMG is cheap, must be one of the older packs, don’t change

  • @vincentbrian7692
    @vincentbrian7692 ปีที่แล้ว

    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

  • @hiskyboy8971
    @hiskyboy8971 ปีที่แล้ว

    wtf thats p/m
    i ad no idear

  • @420somewhereG
    @420somewhereG ปีที่แล้ว

    👍🏼👍🏼👍🏼🚘

  • @HT_786
    @HT_786 ปีที่แล้ว

    First Comment 😁👌🏻

  • @paulsikora5623
    @paulsikora5623 ปีที่แล้ว

    good content,i like all your car videos its your honesty & do the best you can for clients.

  • @rasherbasher8203
    @rasherbasher8203 ปีที่แล้ว

    😮😮