When you buy a car to re-sell....do you change the logbook into your name for the short time that you own the car, or do you not bother? How does that work? 🤔
That’s a very good question and to be honest I think 🤔 so many people wonder 💭 the same thing, so let’s do a video on this topic and see if it helps with your question as well as give you and others a better understanding of what you have just asked. Only because I can cover a lot more detail by video. How does that sound?
Mate, that Cat N has been repaired really bad. The bumper doesn't fit and there will be a costly reason for that, you should be walking away from that car immediately. The price for a Cat N will be no more that 70% of a perfect example if all other things are equal eg the mileage, the mot, the number of owners, mileage etc etc. I am worried for you with this car and your procrastination with the Panda is also worrying. Rain or shine, that door should have been changed on day 1 with no excuses. I dont think you are looking at the deal as a trader would, in fact it seems that you are buying what suits your personal taste rather than what potential buyers would buy. Finishing and selling the Panda should be your priority before buying more stock or you might finish up with two overpriced, unsold cars. Personally I think buying at auction is your best option simply because you can set your absolute maximum price for as many cars as you like , most of which you will be outbid, but then just buy the ones that fit your financial criteria.ie the ones that will allow you the most margin. It saves you travelling around to peoples houses at all times of the day only to find they won't reduce their price to a realistic one. What I mean is, every car has a book price so every punter knows what they should be paying for a particular example so your profit doesn't come when you sell the car it comes when you buy it. Does that make sense?Best of luck mate.
You are absolutely right mate, and to be honest with you I did actually walked away from that car, I am putting all my time and effort into the panda, I won’t be investing in any more cars till the panda is fixed and ready to go, I did buy a second car but something I got at scrap value so it’s a win if I get it sorted and sold without investing too much money into it. i still got lots to learn. But you are absolutely right, il definitely be taking your advice and putting it into practice going forward. Thanks again for your feedback it means a lot. Hopefully you stick around to keep me on track.
Not a bad little car. Look forward to the next vid, to see if u purchased it or not
doing great mate, hard to find time these days to get content out I hear you.
Thanks for always supporting I really appreciate you guys, It is very hard, but i need to find time 🕰️ because I do enjoy it.
When you buy a car to re-sell....do you change the logbook into your name for the short time that you own the car, or do you not bother? How does that work? 🤔
That’s a very good question and to be honest I think 🤔 so many people wonder 💭 the same thing, so let’s do a video on this topic and see if it helps with your question as well as give you and others a better understanding of what you have just asked. Only because I can cover a lot more detail by video. How does that sound?
Nice to see you on here buddy that car was not right as why did he not mention the damage on the door 😮😮,great vid
Hello bro 😎 hope you are well. Thanks for watching and keep up the good work on your channel too.
Mate, that Cat N has been repaired really bad. The bumper doesn't fit and there will be a costly reason for that, you should be walking away from that car immediately. The price for a Cat N will be no more that 70% of a perfect example if all other things are equal eg the mileage, the mot, the number of owners, mileage etc etc. I am worried for you with this car and your procrastination with the Panda is also worrying. Rain or shine, that door should have been changed on day 1 with no excuses. I dont think you are looking at the deal as a trader would, in fact it seems that you are buying what suits your personal taste rather than what potential buyers would buy. Finishing and selling the Panda should be your priority before buying more stock or you might finish up with two overpriced, unsold cars. Personally I think buying at auction is your best option simply because you can set your absolute maximum price for as many cars as you like , most of which you will be outbid, but then just buy the ones that fit your financial criteria.ie the ones that will allow you the most margin. It saves you travelling around to peoples houses at all times of the day only to find they won't reduce their price to a realistic one. What I mean is, every car has a book price so every punter knows what they should be paying for a particular example so your profit doesn't come when you sell the car it comes when you buy it. Does that make sense?Best of luck mate.
You are absolutely right mate, and to be honest with you I did actually walked away from that car, I am putting all my time and effort into the panda, I won’t be investing in any more cars till the panda is fixed and ready to go, I did buy a second car but something I got at scrap value so it’s a win if I get it sorted and sold without investing too much money into it. i still got lots to learn. But you are absolutely right, il definitely be taking your advice and putting it into practice going forward. Thanks again for your feedback it means a lot. Hopefully you stick around to keep me on track.
@@WEFLIPANYCAR I will be following you pal. Just dont want to see you lose any money. Thanks for the reply.
@@mrdeafa25 thank you appreciate that.
Great advice 👍 👍👍