The ****ers get enough tax through petrol for it to be neither The policies are ****ing expensive (in comparison) - and you have to know someone that is a registered tradesman to basically put their name to it. Loophole city, easy enough to get one - but completely pointless unless you go to auctions at least once every 2 weeks, and BUY. Some auctions are unreal mate, not sure if you've ever been, but well worth checking out. If you go to the right one's those poor ****ers that have had their cars taken from debt collectors etc. end up there. Ready to swept up for dirt cheap prices by greasy fat fingered sweaty bald bastards (like you). Or just quiet sneakers corner room bidders (like me). Once in a while you get a right touch, like we're talking a 3-4k profit off one car. Hit and miss, but when it's hit it's HIT.
If you buy and sell cars with the intention of making a profit then you're trading as far as the HMRC are concerned..............trust me
You can drive it if you're taking it to get mechanical work done, or to a lock up until such time. Hence paying a premium for trade insurance. To be honest I don't tend to drive cars around with no tax or MOT unless I'm going to get one put on anyway! Hence nothing to worry about.
You can't. Legally you can only drive a car without an mot to a pre-booked appt or to a place of repair directly following an mot failure. Hence the reason traders have trailers mate.
this just get a burner phone and see if the cops can catch you trading. FFS every single website is predicated on the premise that its cash in hand business. most have the whole advice crap going on how to be safe. then theres the websites who check the license plates for you.. again making cash off the fact the business is rife with dodgy ****.
This is ture but there are that many geezers at them actually getting a half decent car to flip is not that easy. you can be rode sideways at auctions. I totally agree though. its a big step up form buying up what you'd call a "first car" type thing or student runabout or what have you for 250-500 and flippnig it on without so much as opening bonnet to buying at auction. Yuo need to know what you are at big time there and i'm sure you do. I know cos our borther in law is a BMW master mechanic who went independant out of main deal... main deal asked him to go lean on guys for payment so he said stuff you to the dealer. he went legit after 2 years but is trading cars as well. he buys them regionally and sells them in city so he can do a trade and make a big profit on it that way too. One other big profit area is people carriers. the amount of fools who buy one after one kid or the second is unreal and they pay a premium on them. when people sell though they sell for peanuts.
If you try and place numerous adverts on Autotrader over a space of time without declaring you're a trader, they'll block your ads. It's not the cops that are interested, it's the revenue and they look at classified and internet sites to try and spot undeclared traders.
Anyone who says that the motor trade is easy money is either a liar or deluded. Amateurs buying cars from the block on a regular basis is a recipe for disaster, as they're highly likely to catch a crab.
they are indeed.. and then they flip them on to someone else and the ****e circles round which is why its a minefield for any individual just looking for a car. 250 on a car thats a total lemon isn't a disaster either. breakers yard might take it if you are really chuffed. you think all those breaker yards selling car parts declare all cash income? as for calling me a liar or deluded thanks it shows you are getting annoyed by this thread now. For some strange reason tobes you don't seem to like anyone even discussing how people get by outside the rules. Just like the streaming stuff....
not for a wise man like yourself. think of the young lads and girls out there who do stupid things like buy these. hell you only need look at the trade in dodgy mobile phones as well to know theres too many suckers in the world. one sure thin on the planet is if someone offers a cheap high end mobile isa ringer. we know it but your average 20 year old? they fall of it.
Wrong assumption petal. I wasn't calling you anything, try reading what's written as opposed to what you think is written
