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

Автокөліктер мен көлік құралдары

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General conversation about business and being a used car dealer.
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#Podcast
#BonusVideo

Пікірлер: 89

  • @CalvinsCarDiary
    @CalvinsCarDiary Жыл бұрын

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

  • @hugevagiine

    @hugevagiine

    Жыл бұрын

    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 Жыл бұрын

    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

    Жыл бұрын

    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

    Жыл бұрын

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

  • @kelvyndoyle9339

    @kelvyndoyle9339

    Жыл бұрын

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

  • @mickehoe

    @mickehoe

    Жыл бұрын

    @@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 Жыл бұрын

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

  • @HT_786
    @HT_786 Жыл бұрын

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

  • @thomaspalmer6336
    @thomaspalmer6336 Жыл бұрын

    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 🙏🙏

  • @christopherdouglas732
    @christopherdouglas732 Жыл бұрын

    Really good video Calvin, content just keeps getting better

  • @ChannelPro666
    @ChannelPro666 Жыл бұрын

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

  • @bantamNeil12
    @bantamNeil12 Жыл бұрын

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

  • @OliSimpson15
    @OliSimpson15 Жыл бұрын

    Great video Calvin. Really like these style of videos

  • @PDC_UK
    @PDC_UK Жыл бұрын

    Always quality videos mate. Love the great insight

  • @jpmotorsport4728
    @jpmotorsport4728 Жыл бұрын

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

  • @benmathew8773
    @benmathew8773 Жыл бұрын

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

  • @howardlake6178
    @howardlake6178 Жыл бұрын

    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 😳

  • @raymondstaniland2416
    @raymondstaniland2416 Жыл бұрын

    Keep smashing it Calvin and binca 👍🏻

  • @mikematthews2k181
    @mikematthews2k181 Жыл бұрын

    Fantastic inspirational video Calvin 👏

  • @steviehanley5626
    @steviehanley5626 Жыл бұрын

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

  • @vincentbrian7692
    @vincentbrian7692 Жыл бұрын

    Love watching your videos

  • @trevorsbarkingmadchannel4501
    @trevorsbarkingmadchannel4501 Жыл бұрын

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

  • @jakewilko9127
    @jakewilko9127 Жыл бұрын

    not many youtubers are entertaining to watch your smashing it!

  • @bexoh1
    @bexoh1 Жыл бұрын

    Very informative video. Gave me good knowledge 👍👍

  • @thedetailingdoctor5746
    @thedetailingdoctor5746 Жыл бұрын

    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 😂

  • @flippingcarsrepairs
    @flippingcarsrepairs Жыл бұрын

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

  • @andrewcairns7719
    @andrewcairns7719 Жыл бұрын

    Good job you got KZread to keep you afloat 👍🏻

  • @Crankedist
    @Crankedist Жыл бұрын

    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

    Жыл бұрын

    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

    Жыл бұрын

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

  • @amartherealest
    @amartherealest Жыл бұрын

    Keep doing your shit bro 🔥🔥🔥

  • @guy4469
    @guy4469 Жыл бұрын

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

  • @zaidjibril6988
    @zaidjibril6988 Жыл бұрын

    Calvin's come a long way

  • @ruisilva3317
    @ruisilva3317 Жыл бұрын

    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

  • @amarahmed8227
    @amarahmed8227 Жыл бұрын

    Calvin, talk about trader plates / insurance please

  • @ScottPC
    @ScottPC Жыл бұрын

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

  • @ryan.r271
    @ryan.r271 Жыл бұрын

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

  • @flippingcarsrepairs

    @flippingcarsrepairs

    Жыл бұрын

    Mega now days 😢

  • @ah97165
    @ah97165 Жыл бұрын

    That autotrader magazine is older than me!

  • @paulsikora5623
    @paulsikora562311 ай бұрын

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

  • @rob291297
    @rob291297 Жыл бұрын

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

  • @ap6584
    @ap6584 Жыл бұрын

    Good stuff.

  • @twist_of_the_wrist
    @twist_of_the_wrist Жыл бұрын

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

  • @clivebannister7016
    @clivebannister7016 Жыл бұрын

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

  • @Greig300
    @Greig300 Жыл бұрын

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

  • @flippingcarsrepairs

    @flippingcarsrepairs

    Жыл бұрын

    Bet his got a nice gaff with his millions amazing grafter

  • @patrickodowd8883
    @patrickodowd8883 Жыл бұрын

    Call it the content room

  • @corywilliams4556
    @corywilliams4556 Жыл бұрын

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

  • @SugeRealest
    @SugeRealest Жыл бұрын

    GOOD VIDEO

  • @Ad0akes
    @Ad0akes Жыл бұрын

    Preparing the cars costs thousands overs a year

  • @jalenn757
    @jalenn757 Жыл бұрын

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

  • @Zak-cm8gc
    @Zak-cm8gc Жыл бұрын

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

  • @mr.mistoffelees7188
    @mr.mistoffelees7188 Жыл бұрын

    Cool. How about other costs? Staff? Warranties?

  • @flippingcarsrepairs

    @flippingcarsrepairs

    Жыл бұрын

    Good shout

  • @Adam-lf9vs
    @Adam-lf9vs Жыл бұрын

    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...

  • @hassankhan384
    @hassankhan384 Жыл бұрын

    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. 😢

  • @flippingcarsrepairs

    @flippingcarsrepairs

    Жыл бұрын

    Totaly agree its hard outthere

  • @gyaldriplikeaknackeredfrid5829
    @gyaldriplikeaknackeredfrid5829 Жыл бұрын

    What about traders insurance?

  • @ashleydringpositivevibes8853
    @ashleydringpositivevibes8853 Жыл бұрын

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

  • @rodrigo_realestate
    @rodrigo_realestate Жыл бұрын

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

  • @waynesarahburns3871
    @waynesarahburns3871 Жыл бұрын

    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

    Жыл бұрын

    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%

  • @thomaswalker1258
    @thomaswalker1258 Жыл бұрын

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

  • @flippingcarsrepairs

    @flippingcarsrepairs

    Жыл бұрын

    Great shout 👍👍👍

  • @RAGNAAAA
    @RAGNAAAA Жыл бұрын

    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

  • @PixelVogue
    @PixelVogue Жыл бұрын

    What was VRS bill? 👀🤦‍♂🤣

  • @zzhughesd
    @zzhughesd Жыл бұрын

    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

    Жыл бұрын

    Anyone who does that.. Screams dodgy..

  • @zzhughesd

    @zzhughesd

    Жыл бұрын

    @@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

  • @JP-to3fg
    @JP-to3fg Жыл бұрын

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

  • @patrickodowd8883
    @patrickodowd8883 Жыл бұрын

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

  • @CalvinsCarDiary

    @CalvinsCarDiary

    Жыл бұрын

    Yes mate there’s a few of us

  • @PixelVogue
    @PixelVogue Жыл бұрын

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

  • @stokes8626

    @stokes8626

    Жыл бұрын

    He could use Schofield now he's jobless

  • @PixelVogue

    @PixelVogue

    Жыл бұрын

    @@stokes8626 🤣

  • @flippingcarsrepairs

    @flippingcarsrepairs

    Жыл бұрын

    😂😂😂

  • @kelvyndoyle9339
    @kelvyndoyle9339 Жыл бұрын

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

  • @changwillneverdie9378
    @changwillneverdie9378 Жыл бұрын

    who remembers loot?

  • @flippingcarsrepairs

    @flippingcarsrepairs

    Жыл бұрын

    Wasnt that based in london 🤔

  • @lockeM140
    @lockeM140 Жыл бұрын

    Car dealers all cry but rob ya car on a px

  • @420somewhereG
    @420somewhereG Жыл бұрын

    👍🏼👍🏼👍🏼🚘

  • @hiskyboy8971
    @hiskyboy8971 Жыл бұрын

    wtf thats p/m i ad no idear

  • @vincentbrian7692
    @vincentbrian7692 Жыл бұрын

    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

  • @HT_786
    @HT_786 Жыл бұрын

    First Comment 😁👌🏻

  • @Sendit1118

    @Sendit1118

    Жыл бұрын

    Gold blue Peter badge for you...

  • @CalvinsCarDiary

    @CalvinsCarDiary

    Жыл бұрын

  • @andrewbarnard6935
    @andrewbarnard6935 Жыл бұрын

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

  • @rasherbasher8203
    @rasherbasher8203 Жыл бұрын

    😮😮

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