Recent content by Colin Beveridge

  1. Colin Beveridge

    Motor dealers in trouble...

    I would disagree with that, the cost of the goods are the cost whether you take credit or not. We could do interest free credit on balances up to £4000 and it would cost us £140 or there about. Its just a tool to try and sell more units. DFS would sell a lot less couches if they didn't offer...
  2. Colin Beveridge

    Motor dealers in trouble...

    That's what I do too! Not with cars, just everything else, there's too much choice and information out there! I actually hate buying things now, trying to buy a new mobile phone just now, go on amazon and there are 18000 results... Someone needs to create a website that just sells 3 of each...
  3. Colin Beveridge

    Motor dealers in trouble...

    Yes in the used car world we get a commission from the finance company, so we want you to take finance. You don't penalised for not taking it, we just make less money... You'll get a much bigger discount off a new car than a used, however most new cars are already heavily discounted anyway, if...
  4. Colin Beveridge

    Motor dealers in trouble...

    I'm an independent motor dealer and I am getting out. The margins are getting smaller and we struggle to buy stock. We used to have a Ford franchise and used Ford Credit for finance who had good rates on the used cars, usually about 9.9 APR, now that we are an independent we're back using used...