Looking for tips on breaking into the car sales industry

[Anthony015]

Hi, Chat

I am trying to get into the car sales industry. I knew the first thing I needed to do was get motor trade insurance, so I contacted several companies, and most provided me with a quote of £9,000, which was out of my budget because I haven't bought any vehicles for resale yet. When asked why the price is high, they informed me, "Since I don't have a place to store the vehicles, I would be parking them outside my residence, which makes the cost higher.". 

Is it possible for me to obtain a weekend job in the field only on Saturdays? I am currently working as a full-time HGV driver, and my job is conveniently situated just 5 minutes from my house. I am keen on seeking a part-time employment opportunity in the sector.

[blue_haddock]

As a long timer of the motor trade the best thing i can suggest is to get out and speak to as many traders as you can, one may need an extra pair of hands to get you started.

If your on facebook there is a decent car sales/dealer group which would be a decent place to start.

[Anthony015]

Hi, yes, I am on Facebook do you have the group name?

[solo2]

As someone who joined the trade in the late 1980's I would say don't.

It's damn hard to make a profit these days and everyone is out for what they can get. There are easier ways to make money than being a trader.

[Anthony015]

Any suggestions I am all ears?

[asfault]

Get a job as a salesman in a big dealership to start with. At leastearn the ropes there. Or get a job with them in the admin side to understand that side of the business first.

[Trevor555]

solo2 said:

As someone who joined the trade in the late 1980's I would say don't.

It's damn hard to make a profit these days and everyone is out for what they can get. There are easier ways to make money than being a trader.

+1

Entered the motor trade in 1988 myself

As already said, get a little job in a dealership first, see how you feel, get some of their training.

The hardest part of buying/selling cars is buying your stock, and that's become very hard indeed to buy nice, proper, cars, at reasonable prices.

Add the fact that modern cars can now be stupidly expensive to repair when they go wrong.

And add another fact that much of the public are very aware of the CRA2015 nowadays, and that's weighted very heavily in the customers favour, not yours.

If I had to go back to work, it's the last thing I'd do now.

[blue_haddock]

Anthony015 said:

Hi, yes, I am on Facebook do you have the group name?

It's literally called car sales/dealer group

[Anthony015]

Hi, I tried to join that group car sales/dealer but because I am not in the trade I can't join.