17-11-2014, 07:15 PM
I do trade cars. Both myself and my business partner have a registered company. So far we are nicely into profit having only turned around a dozen or so cars this year (we both have full time jobs and families)
Trade insurance is great!! We paid £1700 for both of us on the policy where we can add an unlimited amount of cars, both for private use and trade.
Trade plates are also a must as is somewhere to keep whatever you are working on.
As for warranty, as we are not currently reading from a forecourt as far as we can tell we are not liable but as we are genuinely not out to rip people off nothing has even remotely come back negative!
Beware though! Be prepared to looses money as well as make profit as quite often cars are not all they seem!!!
On my phone at the moment so if you need anything explaining in any detail I'll put the grey box on in the corner.
Trade insurance is great!! We paid £1700 for both of us on the policy where we can add an unlimited amount of cars, both for private use and trade.
Trade plates are also a must as is somewhere to keep whatever you are working on.
As for warranty, as we are not currently reading from a forecourt as far as we can tell we are not liable but as we are genuinely not out to rip people off nothing has even remotely come back negative!
Beware though! Be prepared to looses money as well as make profit as quite often cars are not all they seem!!!
On my phone at the moment so if you need anything explaining in any detail I'll put the grey box on in the corner.