How This Car Trader Turned £28,000 into £800,000 - PART 1

[@shaun7638]

Dave i could listen to you all day,this Channel for me is not just about the cars its about everything else going on and in your life. James ,Wayne and Joshes editing adds to a great watch at all times. Keep it up and never Change the format it is great..Thanks

[@cardealerpro]

That really means a lot thanks mate!

[@EppingForest304]

Enjoyed your chat with Craig, looking forward to part 2 👍 Happy Easter 🐣

[@thebaldone7453]

The heartiest videos I've watched in so long! So happy and passionate. I wish you success and happiness! 😊

[@DanielGallivan-qt3fz]

This is amazing, as someone in my first year of trading I could have listened to you 2 chat all day long. Such a good point that he makes about not being able to sell 'nicer' cars as people want them from main dealers or car supermarkets. I also think Dave, with your 25k market, you're really then getting to a price point where people can afford to lease electric cars or getting one from a car to work scheme that comes directly out of their wages. I've been fortunate enough this week to sell a 58 plate Audi A3 for £3995 to someone going the other way - shes had a brand new electric car for the last 3 years and decided she no longer wants the monthly payment. I believe thats why you're struggling with the 25k market, people might as well lease one and have their insurance/tyres/maintenance all in one monthly payment and swap it every 2/3 years, where as there is still a market for people buying sub 10k cars.

[@petewatson4093]

Another great video Dave Pete Turnbridge Autos Ltd

[@colinthomas1540]

Blimey! He’s a down to earth smart fella. Love his unemotional take on cars outside of his target market. Trade out & get shot…

[@trainbeacon7416]

Great video, very interesting hearing from Craig, looking forward to part 2 (and more importantly about the trainspotting holiday obviously)

[@richardsedorski1206]

You are such a nice guy well done.👍👍👍

[@ianrobinson68]

Just had a listen to Bang on the Drum on YT. Brilliant , made me smile and annoyingly catchy. Looked such a fun time in your life. Get it back out there. Needs to be the intro music for Car Dealer Pro.

[@ianrobinson68]

UPDATE - 7 hours later and I can’t get that Bang on the Drum song out of my head 😀

[@cardealerpro]

😂😂 glad you like it! Give it a week you’ll bloody hate it 😂

[@roystonvehicles9129]

Brilliant video, just want to bang on the drum all day.

[@henrykravitz468]

Brilliant Video as always

[@andrewf7822]

Really interesting video. Thanks.

[@Rick-zz8oe]

Who ever fit that dimmer switch needs needs to have a word with himself

[@cardealerpro]

😂😂 I knew somebody would notice that! can’t believe I’ve lived with it for so long considering I can’t stand wonky number plates 🙈😂

[@Rick-zz8oe]

Haha wonky number plates are far less acceptable and you don't have to get spanked by an electrician to sort them out

[@LCOF]

@@cardealerpro I'd bodge fix that with a fancy backing plate surround and some silicon. 😀

[@fazalkhanuk]

Hi Dave - FYI Motorpoint have reduced their average target car sales price to £14k from around £18k.

[@cardealerpro]

Amazing thank you! We’re on it at the moment changing the stock profile!

[@zzhughesd]

Modest. BUT. It's what's achievable. Don't spend it going along it is 100k clear annually job done right. Live on 30k you can get 50-75k pumped back into stock p.a. Way job should be done. If can. Own money spun up. Hard Knox long hour trading

[@cardealerpro]

Absolutely spot on!

[@SmallCarsDirect]

Bang on this ✅

[@SmallCarsDirect]

Inspirational 👏

[@roystonvehicles9129]

Still singing the song bud, on day 2 now, reminds me of back in the day as well, early noughties were great, 2007/8 credit crunch brought me down to earth, look how mad you are on the video compared to your serious face on this video thumbnail, ha, ha.

[@zzhughesd]

Guy speaks total sense. Over 15k non luxury brand car .... Car supermarket car , won't sell smaller dealer. Meaning wont sell in 30 calendar days prob will once margin dropped by 66% or 2/3rds profit gone over 3-9 months. Job like this. We all sell what we sell and step away from the norm they just sit therr

[@cardealerpro]

💯

[@garethwinnard4876]

Brilliant, I've got a pair of 1210's MK2 'S I'm not the only trader spinning vinyl then 😂

[@cardealerpro]

Yessss! Your talking my language ❤️

[@garethwinnard4876]

Just watching now and I think we're the same person, I hate cars too 😂😂 but love doing deals, I'm the only salesman at our dealership who hasn't watched top gear and nor do I intend on doing either

[@jimlad24]

Wanna be careful about leaving vinyl in the window, end up like a bunch of banana's 😉

[@cardealerpro]

😂😂 thanks for that!

[@chiefrocka8604]

I know a car dealer who raced also , was quoted saying his bank manager was paramount to being successful and his sponsors enabled him to get the best cars and drivers , then he got caught with with a humongous 750 kilos of good stuff worth 75 million today . Some people use cars for a right old cover up to explain money and he’s the nicest fella buuuut…..

[@cardealerpro]

Bloody hell that was a big bust!!!

[@nssonsmotors2470]

What kind of margins does he work on per car? That would be good to know

[@cardealerpro]

I’m pretty sure it’s around £1500 - £2000 average gross, obviously they all won’t have that in them taking repairs and reductions into consideration.

[@roystonvehicles9129]

I don't go too dear bud, tried that, I found you had to make a dearer car cheaper to shift it, when you go to astons Friday late sale there might be 2 or 3 people where budget sale is packed out. Just bought a 66 plate mokka and that's as dear as I'll probably go tbh.

[@cardealerpro]

It’s finding the right balance. I don’t want go too cheap then your fighting with all the other traders but then I don’t want to be buying all the supermarket stuff! That’s why I seem to do ok with later plate automatics, I suppose it’s supply and demand.

[@roystonvehicles9129]

@@cardealerpro yes bud, any little auto is good news, I'm valleting a Peugeot just now and signing your song (!)

[@cardealerpro]

😂😂 you’ll never get it out your head

[@winbig1]

Do you always go for cars with Green markers on the engine only or like BCA do you buy with amber or red marker for engine if cheap enough ? Great channel btw.

[@cardealerpro]

If it’s a car I know inside out and the faults it normally comes with if it’s priced right I’ll buy one with a red marker!

[@irishdog2031]

dj gotti.look forward to part 2 Lovely gaff. Whats good car forum for traders to chat on ?

[@cardealerpro]

Back in the day it was car dealer forum and Autotrader had one that was really good but they scrapped it!

[@zibbyski8541]

Which forum do you use?

[@cardealerpro]

I used to use car dealer forum, I think it’s still popular!

[@tommysmith993]

Dave what forums are you apart of?

[@cardealerpro]

I used to be on dealer forum but I don't really use it now but all the old posts are still there if your looking for advice on certain topics

[@seanfein3783]

Huge fan of James Sinclairs podcast .. absolutely brilliant business man and so many good tips and bits of advice on there. I honestly think (and hope) that you can do 5 x what you are doing just now .. just keep plugging away mate

[@zzhughesd]

I found him after Shifting Metal. Now listen even James Sinclair pod !!!

[@cardealerpro]

Thanks mate, that’s the plan, well if we all have a plan you’ve got a better chance succeeding!

[@zzhughesd]

@@cardealerpro sadly it’s just work hard and fast. Yes work smart not just hard. But it’s mostly extra hours. Extra customer service. And extra skill in the buying. Bit of an art form the buying. Last 4 weeks been harsh.