I had to tell him how it is!

[@acelectricalsecurity]

When I traded my car in a few years ago the dealer would only give me £10k, there was nothing wrong with it, on his website it was up at £13.5k and it sold quick, so he made 35%. I just sold my car on motorway, I got £12.5k, auto trader valuation was £10.4k so who's right. There's a guy on KZbin only does electric cars, he reckons he only made a grand on each Tesla he sold recently, he couldn't survive if he was doing that, he had staff premises etc. Everyone has to make a profit depends on what you think you can get away with.

[@ChopsGarage]

I'm surprised I still need to explain this. He did NOT make 35 percent! That's gross profit not net profit. He will of paid 20 percent of that on VAT alone! Then there is Adverts. Warranty, Valeting, Salesman, Property overhead. insurances. income tax (another 40 percent minimum) and you say it needed nothing but there has NEVER in a thousand plus cars ever been a car that needed nothing to retail. He made a Net profit of probably £1000 at best and THEN if there is any repair needed within the next 5 years that could be considered there at point of sale he needs to take it from that.

[@tonyrice3348]

Well said, lots of people think dealers can just flip cars with no overheads

[@acelectricalsecurity]

@@ChopsGarage you don't need to explain it, I know it was gross profit

[@ChopsGarage]

@@acelectricalsecurity thanks goodness! It seems to get missed still

[@mattheww6167]

The Lexus 400 understated perfection and luxury

[@mattwebb172]

James don’t forget to to take copies of the service history and work done for when you retail it on then if any problems like mr mokka you can look back on it

[@mikythesaint6507]

He will still be back Mr Moka 🤣🤣🤣

[@skimmingstoness]

@@mikythesaint6507 Oh he'll be back when it needs washing

[@mikythesaint6507]

@@skimmingstoness 🤣 i think you will be right

[@dghdavies]

The LS400 was a Toyota Crown in Japan, saw loads of them in Tokyo back in the day.

[@jonathanlonsdale9442]

I've always gone for the higher mileage cars when buying used. As long as they've been looked after, there's a fair amount to be saved. The most problems I've had with cars have been the ones I bought brand new!

[@vahidvahidnia1643]

The effort you put into all your work is next level.

[@williamtraynor-kean7214]

I had a Citroën C6, a vastly underrated vehicle, smooth quiet and a pleasure to drive.

[@frimleyfrodo]

Back in 2014 I bought a new Touran DSG. I was doing 25-30k per year and used to keep my cars about 5 years. Since Covid I’m doing slightly fewer miles so have kept the Touran which is ‘only’ at 231,000 now. It’s been the cheapest car I’ve ever run. Serviced myself every 9/10k with a DSG service every 37/38k and nothing major has ever gone wrong. It’s taught me not to worry about high mileage with good history. With the current value, I’ll just run it until it suffers a major failure.

[@wl660]

Agree. Depreciation is done now. Free motoring now, aside servicing.

[@modmod392]

LS400 so far ahead of its time. That V8 is legendary

[@hgvnovice2011]

I had lexus gs300 l7 rhl was the registration. Absolutely loved it

[@kevincross9206]

I loved the 2 HRV’s I had. First was a diesel and second a turbo petrol. Really economical to run, very practical especially with the rear “magic” seats. Cracking cars 👍🏻

[@conanthelibrariansunflower]

Couldn't agree more on the mileage/price. I have an 2019 M4 which I ran as a commuter for a few years. Now I'm retired and not putting huge miles on it I'll use it and enjoy it until the mileage is average again then probably sell it.

[@steveloader]

Well said James we have the same issue with people using motorway to “value” our stock. I always say that they may have confused our advertised phone number with a registered charity number! 😂

[@RobbieJohn-k5i]

The lexus is a lovely car, and for 4k, an absolute steal James's as for the small paint job i wouldn't even bother 😊. And that Honda was sweet. Also the milage is immaterial on modern cars you're reasoning was spot on

[@dghdavies]

Have you noticed all the lovely ladies who appreciate your videos. How nice.

[@roystonvehicles9129]

I thought you'd gone all sensible and made your showroom into a showroom, then I realised it was someone else's bud (!)

[@allyclarke6505]

Love the LS400!

[@adriancarter825]

Yes that makes sense with the mileage with the Honda if your a light mileage user

[@RyanPickles-r6r]

Captur’s are great we sell them really well, elevated seating position and the low r-tax always a winner.

[@henrykravitz468]

Love the LS400. Please tsle copies of the paperwork and any work you get done.

[@GryphLane]

Agreed with you about mileage, but me purchasing a 2006 car on 160k-odd and only doing 5k a year may be a little more optimistic. Not that I'm actually going to sell it 😄

[@roystonvehicles9129]

I got a 19 plate in last year with 102k on, fsh, 1 owner mint, up at half price of others, couldn't sell it, I think I got the same price on the same car on a 63 plate just because it had lower miles, people just can't seem to mentally take in late high mileage stuff, tbh 50 to 60k is a dangerous mileage, most things are starting to go for the first time, certainly the clutch, alternator, stuff like that.

[@CF21LDB]

I was down Brean yesterday when I came into Burnham I had stop as there was a bit of stop and start traffic and I happen to stop outside that house where your old red Alfa is. Mad how you spotted that.

[@roystonvehicles9129]

Back in the day there was a company near me called company cars, they made a forte of late leggy cars, high miles cavaliers, orion stuff like that, ran big ads in the local paper, before the net.

[@PiffyS16]

The level & cost of your prep goes above & beyond imo. You then still price the cars very fairly. I wouldn't give any discount at all if I were you. I would without hesitation more than happily travel the 115mls & 2 & half hours down to you to buy a car. I've learnt a lot too off the channel. Cheers mate

[@guy4469]

I had a lexus LS400 i drove it from machsester to glasgow and i had to switch tanks 1 tank then 2 tanks crazy on fuel now im happy with my BMW E38 .

[@roystonvehicles9129]

If someone bids stupidly low bud I just tell them to buzz off, even if they go up I don't want to know them, had a call the other day, it's all the details, full list, then it's best price, I just said forget it. A few hours later it sold OK.

[@badgersalesman5595]

You sir are not very bright.

[@roystonvehicles9129]

@@badgersalesman5595 I think that all the time as well.

[@joshuawoodford7977]

Really enjoying these daily vlog style videos!

[@ChopsGarage]

Glad you like them!

[@downtothewood1950]

Chops having his cake…😂

[@zzhughesd]

Garden centre day out. Cake and coffee. What’s not to like. Choc cake or something more left field Chops ?

[@ChopsGarage]

It was an amazing toffee layered sponge

[@zzhughesd]

@@ChopsGarage oh my gosh drooling here

[@2DogsVlogs]

Interesting about the margins. They are so low. For a trade in Queensland we require a minimum 40% margin. We buy cars around the $6-8k range and sell them for $13-15k. The three dealers I've worked for all did the same. Auction cars are different. The margin is around 30%.

[@dinointhetube]

Keep the LS400 tuck it away.👍

[@roystonvehicles9129]

I find late, high miles are a hard sell, I personally prefer them but customers are so conservative.

[@ChopsGarage]

Agreed

[@roystonvehicles9129]

@@ChopsGarage yes bud

[@MrHugaKuga]

Low mileage cars carry a "premium" aa people think they are more new. But, they're usually city cars, short trips, kerbs, speed bumps, stop start, never get warm. High mileage cars yep, top gear on motorways, no stress on the car or components. All my cars have done high miles, (20k a year) just needed servicing and change tyres brakes, but nothing else.. current car on 120k miles. 🙂

[@Ro32da72]

Always like a high mileage hero, my current car was bought with 220k on it; I paid buttons because no-one wants them. Anything over 100k scares people off.

[@AndyPipkin-dj8sy]

gracious owner - service history - that will sell quick

[@PeterPrice-1965]

Lexus was Toyota's bid to break into the American luxury market, stood for luxury export US, hence shortened to Lexus, cheers Chops 👍

[@ChopsGarage]

oh never knew that cheers

[@paulmoore6345]

Lexus is nice. Reckon the captur will be popular 👍

[@westendwatch]

I wouldn't negotiate before they've seen it . He's clearly more interested in the price than the condition of the car.

[@paulstroud6998]

Don’t discount, fixed prices only. You offer an excellent service.

[@davidwainwright2816]

Bang on about higher mileage…. Buy the right car.. get value and new technology 🎉

[@paramedicchrisbookseries]

Another really good video.

[@stevenlomas8812]

It’s the final countdown chops !

[@Guccit865]

How did you forget? Unbelievable

[@TheAllyMor]

You had a V8 company car!!?! Wow!!

[@roystonvehicles9129]

Not going to get onto you bud, sometimes you've got to do what you've got to do,all I will say (!) is as say a cheapie comes in, don't get too involved, if it's tidy(!) just have an hour on it, I use cif, vac out and advertise it cheaply, you'll get more than trade. When they come, chuck em the keys and leave them to it, say as is, take it away, over a year it'll build up over blowing to trade, you've just got to be a bit tough tho bud.

[@neilbrookes7604]

Make sure you scan all the receipts and service book!

[@stephenrichards5386]

The Lexus 400 is the lesser car to the 430 but a great car

[@ChopsGarage]

430 was epic

[@stephenrichards5386]

@@ChopsGarage I saw one last year when I was looking for a car. < 200,000 miles good service, recent work, it had just done a trip round france which was where I was going. I just wasn't sure it was the most reliable one avaible but I found there aren't many. So reliable but they still breakdown and do abot 17 to the gallon in town and

[@stevekenilworth]

maybe start running it as charity you skip tax then, and big ceo's charity's pay them self huge amounts might be loophole

[@sarahfrith1984]

I’d never have the cheek to haggle, I don’t even offer a lower offer if I’m buying some item on Facebook marketplace!🙈😂 to me the price of something is the price, I either pay it or don’t 🤣

[@chrishirst7716]

The prices are very high compared to Yorkshire.

[@jg4171]

It's swings and roundabouts. If you do below average mileage and buy a car with below average mileage, won't you get a better price when you come to sell?

[@chrisardern4594]

Dont you realise that it's your job to supply these vehicles and make no profit whatsoever. Well that's what some people think. Liked the post especially the bit where you explained the Motorway and autotrader buying /Selling.

[@bigal2417]

James do they still have that Parkers guide book around ? 30 years ago id have people coming to me saying Parker guide says its only worth x id say go and ask Parkers guide to go find you a car for that price. 🤣I dont miss the car business at all.

[@Frog-t9z]

Hey James have you changed your garage round again back to your prep cars what your selling

[@garymorris801]

some people have no idea

[@rogermoore52]

i always like to over pay for my cars at Berrow Motors where they seem to make £3k+ per sale, driving people perhaps to challenge prices. No horses were harmed in this comment

[@ChopsGarage]

If you were selling Range Rovers to the public on finance and liable for up to 5 years on them how much would you want to make Vs the risk???

[@stevenmoran4060]

But it’s models old now and smaller in every way. The one after was a big improvement and that now has had a facelift.

[@cabottaxi]

That 70 plate blue Honda HRV is a belter . Old model replaced with a boxy new hybrid model which looks naff.

[@007POP007]

How does this warranty work with cars. If I buy a car of yourself and pay for warranty on the car, then how comes it cost you to repair the car if something goes wrong. I would have thought the warranty company pay for the repair?

[@ChopsGarage]

Depends if the warranty company covers the issue. If they won't dealer might have to pick up bill. Within 30 days they will rarely do anything as will consider exsisting fault and dealer pays

[@NotRubensDad]

A main dealer bought my Kia for £7500, sold it for £9995, which seemed reasonable to me. No idea why people think they are entitled to buy things at cost.

[@ChopsGarage]

Exactly. £2500 minus £500 vat minus £150 warranty ,minus staff pay, minus adverts. Minus 40 percent tax leaves what £750 or so and still the chance of further costs going forward

[@michaelthompson6885]

most main dealers work off bca cap.

[@davidpickard9393]

Has the Captur drivers door got funny panel gaps or is it just the filming

[@roystonvehicles9129]

Front door looks a bit tight to wing

[@NW1peter]

That is a really nice LS400... The million mile one can be found over at @elseasworld www.youtube.com/@ElseasWorld I still miss mine,. I got rid of it as it wasn't ULEZ compliant and one of springs went.

[@thisiszaphod]

Loved our LS400 - suffered a blown head gasket 11 months into ownership way back when - me, family and friends were gutted. Unheard of in Lexus circles, and I have a light right foot, too! Would have been a keeper, that was the intention.

[@ChopsGarage]

Yes never heard one do that

[@thisiszaphod]

@@ChopsGarage - James, all, it was determined to be due to a suddenly delaminated hose while driving, blocking the cooling system - temperature shot up immediately and bang, before I could switch off. Second best car I have ever owned in 45 years of motoring, the best being our current Jaguar XF - which has been to date a reliable 100% wafting keeper, and much like the Lexus would be, for me, if dragged into the 21st century!

[@bigal2417]

When i was in the motor trade 30 years ago , you could never sell a car with 120,000 miles on it. You would have many problems trying to talk someone into buying a car 4 years old with 60 or 70,0000 on it. Wow how things have changed for the better.

[@johnfitton3716]

Cars have got better too in some respects

[@johnfitton3716]

Lot of clocking going on back then😂

[@roystonvehicles9129]

​@@johnfitton3716yes, even quentin Wilson got done!

[@bigal2417]

@johnfitton3716 Yes, there was cos the fools thought they could buy the same car down the road for 1000 pounds less with lower mileage . MUGS they all deserved what the got.

[@-DC-]

3 year old Sierra 70k haircut back to 40k looked and sounded like new them were the days 😉

[@mattblackledge9068]

That lexus is barely run in. My old man had a GS300 from new for about 7 years. All it ever had was brakes and oil changes.

[@mohammedseedat3199]

Anybody else spotted the stoned reg in the background 😜

[@turbo3492]

Lexus 400 series were bullet proof and still are.Mercedes,BMW,Audi and VW, are no where near the reliability

[@mikecraney6571]

Is it me or does the o/s/f look a different colour

[@DaDa-David]

Lexus "The Japanese Mercedes* *Alan Partridge/Steeve Coogan. Shame so few of these left, got cheap enough into the hands of wannbe gangsters that wrecked them, same with similar period Mercedes, BMW. Hopefully someone will enjoy and appreciate this one.

[@davidvale8968]

Blue BMW sold?

[@ChopsGarage]

Not put it up yet

[@stevekenilworth]

wow £4k for a 2012 Nissan not so long ago that was a £2k-£2.5k car for that age. proves the car market is broken. shortage of new cars people truly want on top just insane new car costs and most new cars fall in to lux tax bracket that £600 in total to tax. people holding on to cars far longer, car makers losing billions £ , parts hard to come by. it is like they do not want us driving at all like it was plan all along. going to see a lot car maker fail i feel over the next decade sadly. used cars are at crazy price, i paid over book than what same age car would cost 5 years before but it still was £6800 and £600 cheaper than others even tho mine was from main dealer and Hyundai 12 month warranty and full dear service history from garage got it from and was retired staff what owned car and the private plates now on 2024 i20 so he stayed with i20, feel my car would been £5k 5 years ago for same age. insane prices used cars these days what before were cheap run about, when working out cost my old car gen 1 i20 i seen one year older so higher tax but slightly better condition nearly £4k for a 2010 i20 i bet that still for sale but true value £1000,£1500 think it had 80k miles also 20k less than mine but £2800 more value or well that what they want, you can get far more modern car for 4 k than 14 year old gen 1 i20 but do chain at 100k miles on i20 they run for very long time chain seems weakness but other than that very reliable well mine was for 5.5 years and now a 2015 i20 what i plan to keep for decades, maintain it well, reg oil, keep on top all rust and do chain just before 100k it should last quite a long time well i fight to keep it despite government pressure im sticking up two things to government i plan run my car very long time and ready big bills if need be, a chain up to £500-600 but that value due to it double life engine if engine been well looked after

[@KingstonHomeMaintenance]

Joe must be rubbing off on you after his last couple of visits, no point having stuff sat around and basically having dead money. Don't be static, keep on evolving.

[@kenrossaukrsa]

Captur is the best car under £5k on the used car market hands down ! Mokka Sportage , X1 and Hyundai , Ford are rubbish!!! , diesel is only 89hp though compared to the other 1.5s 105hp. 0.9 is Best Buy , hard to find the 1.2 for under 5

[@roystonvehicles9129]

Don't even bother explaining the in's and outs bud to silly low bidders, they're not bothered if you go bust tomorrow, protect your margin, these hard bargainers are a waste of time, they'll be back with faults, even after a discount. I get em all the time, I just burn them and get on with something worth while. I knocked 200 off a 15 plate scenic the other day, it was cheap at 3295 anyway, so 3100 sale price, a mth later and injectors gone down, I sorted it, injector was 250,lent them a car, picked it up, all that, so I'm now 450 down on the already cheap price it was advertised at, it ends up that everyones done OK, except yourself (!)

[@alundavies5171]

car dealers are having a rough time of it! inflated prices cos of Covid now falling prices of Ev vehicles can see people going under in the industry!! some kinds of cars a losing thousands sat on peoples forecourts!

[@article21gdpr]

cant beleave you would charge a customer for you having to pick car up

[@ChopsGarage]

Are you ok? On what planet is that free? Do you go to work and tell your boss to just not pay you?

[@article21gdpr]

@@ChopsGarage if you buy a car from auction they knock money off for you picking up your arthur Daley in jeans even dick turpin wore a mask

[@article21gdpr]

@@ChopsGarage you have a garage full of super cars must be on hard times

[@ChopsGarage]

@@article21gdpr presumably you gave a car, have a house? But you still charge your employer to go to work?

[@stephenrichards5386]

£4000 is about right for the lexus. You need to put by about £2000 / year for breakdown and service.

[@ChopsGarage]

Never ,What are you going to repair at 2k a year in that?

[@stephenrichards5386]

@@ChopsGarage the £2000 is not what you will spend every year. It's a savings account for when it does go wrong. A lexus garage was giving that advice. The yearly service is expensive. 8 spark plugs every 2 years for example. I would still like it but I bought an e class a year ago and would lose too much money if I sold it now.

[@ChopsGarage]

@@stephenrichards5386 I'd tell them they were talking twaddle there is no way you will need anywhere near that.

[@TommyRogic18]

29000 in 9 years with a DCI...EGR will be full of carbon.

[@ChopsGarage]

If it were it would run like crap and have a light on dash

[@-DC-]

Who says it was used for short journeys?

[@andywrollo2915]

Can I have it

[@tonywatson1412]

Their all good value ...for the money ...till they break down.....which they will !!

[@JulianaHansen1313]

You offer crap prices I surprised you even get offered cars

[@tonygray6587]

Prat !

[@brookcampbell6838]

I think it's hilarious you think auto trader is where you should get your retail price from.. most cars on auto trader are vastly overpriced!

[@ChopsGarage]

I think it hilarious that you would ignore values given by the uks most used car sales platform that sets values from averages across the UK! 😅🤣😅 Like saying I take inflation figures from anyone but the bank of England 😭😭😭

[@roystonvehicles9129]

Didn't we have a bet on that yaris bud? , you said 3k as I remember, ha, ha.

[@ChopsGarage]

Oh bugger yes! Well he sold it for £3500 I believe and I got 2500 out of it trade

[@roystonvehicles9129]

@@ChopsGarage that's amazing on a 07 bud, I'd be at 1495. I'll not hold you to it, ha, ha.

[@paulprosser1289]

Kindly film at 25 or 50 fps as otherwise you get terrible flickering on screens and telltale lights.

[@tonyrice3348]

No

[@cardiary]

I stopped watching this channel ages ago as it was all click bate. Nothing changes.

[@ChopsGarage]

Good stuff

[@Whackypads]

Yes sir look at that lexus LS400 😮 proper car 🚗 👌 the best in the business I dontcare what anyone says 😂

[@aceace5457]

my wife is after a car it has to be small and an auto and very cheap including insurance so any ideas chops thank you

[@lewiscollins1045]

You could bore a fly off a bucket of dog shit

[@duncansarginson1816]

What an intelligent comment!

[@lewiscollins1045]

@@duncansarginson1816 Truth none the less.

[@douglasmorris8364]

Not so bored you didn't comment! 😂😂🤣🤣🤡🤡

[@pppfff6147]

Reno…😂😂 £1500 tops….👎