I bought 4 Cars for £4000 BLIND from British Car Auctions! Win or Bust?

  Рет қаралды 55,360

Chops Garage

Chops Garage

3 жыл бұрын

I spent £4000 buying 4 Cars from British Car Auctions online without viewing to flip within a week. Was it a win or a bust?

Пікірлер: 91
@flippingcars101
@flippingcars101 2 жыл бұрын
Great video mate love it remember watching it when you first uploaded it.
@jasonwindebank5455
@jasonwindebank5455 3 жыл бұрын
Watched a couple of vids and i have liked em both great job
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Thanks Jason, means allot!
@donjohnson4368
@donjohnson4368 3 жыл бұрын
Thanks for the honesty.....
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Life is alot easier when you are!
@richardletford2910
@richardletford2910 3 жыл бұрын
Love the honesty, I’m a trader myself, it’s good seeing how someone else does it. Looking forward to more flips
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Thanks Richard! Always open to tips!
@janhermanvanman9581
@janhermanvanman9581 3 жыл бұрын
As former bca employee, don't buy blind from them. Unfortunately due to covid auctions are no more, but yeah those AA/RAC report on cars, are worth nothing.
@cal91bck
@cal91bck 3 жыл бұрын
@@janhermanvanman9581 always thought they were a pacifier backed by those brands.
@z4heer
@z4heer 2 жыл бұрын
Uuk
@z4heer
@z4heer 2 жыл бұрын
Kk
@kaiserrazzaq6865
@kaiserrazzaq6865 3 жыл бұрын
Nice video. Thanks for sharing and being open with the costs. So there's sill money to be made in these times when all the auction prices have gone up. Of course you have to spend more money on MOT, repairs and offering warranty.
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Thanks! Very true!
@andrewf7822
@andrewf7822 3 жыл бұрын
Really interesting thanks. Your premises look massive especially the outside area. Must cost a fair bit to rent.
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Many thanks! I have a shared deal with the unit owner
@shamolshahran1570
@shamolshahran1570 3 жыл бұрын
This guy is a top man. Subscribed. Because of some greedy traders and past horrible experience, in my book, 2nd hand car dealer & estate agent profession are marginally better then prostitution.
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Thanks Shamol, I think!
@benevans3733
@benevans3733 3 жыл бұрын
That’s a brilliant profit on the all the cars and well done for selling the cars so quickly
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Cheers Ben
@ZippyPenguinTribute
@ZippyPenguinTribute 3 жыл бұрын
Great channel, subbed! Question, looking to start out seen a few 'bargains' cat n on salvage mkt, do you need trade insurance/plates to bid/win?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Thanks! Really appreciate that. No for Copart and Salvage Market you don't need to have trade insurance
@bradleyhay8286
@bradleyhay8286 3 жыл бұрын
I'm interested in how and where your listing your cars like what type of descriptions do you put down do you offer warranty and stuff like that?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Yep minimum 3 month warranty and describe the road tax, fuel economy , features and mostly on Facebook marketplace
@tpt2977
@tpt2977 3 жыл бұрын
Are these prices including delivery? Would you sell the punto with warranty @ £1500
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Yes all include delivery. All sold within a week
@edwardkarran4963
@edwardkarran4963 3 жыл бұрын
What places do you find best for listing? I currently use Gumtree, Car & Classic, Marketplace and eBay.
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Facebook and free Car Guru account. How do you find Ebay?
@edwardkarran4963
@edwardkarran4963 3 жыл бұрын
@@ChopsGarage I've found 3 buyers so far. £15 to list for 10 days and you get plenty of messages/phone calls.
@amateuratlife2087
@amateuratlife2087 2 жыл бұрын
Hi mate appreciate you might no reply with this being a slightly older video, but can I ask where you lust your vehicles Just starting out myself and just waiting for all my auctions accounts to go active. Just wondering where you have the best results and are you paying and premium memberships through any of the market places you list on?
@ChopsGarage
@ChopsGarage 2 жыл бұрын
Free on Facebook is by far the best results at this price point bud. Get a free Car Guru account too but don't bother upgrading to paid
@amateuratlife2087
@amateuratlife2087 2 жыл бұрын
@@ChopsGarage really appreciate the reply, very helpful. I spoke to car Guro the other day and unfortunately looks like free accounts don't exist anymore, there best option is a 5 spaces account which was £180 and they had promo taking it to 10 spaces Holding off for the time being as would be silly to commit to £180 a month in the star without any gaurentee of success from them However was better than autotrader and there £600 a month contract 😂 Understand dealerships with 60 cars might pay that but that doesn't help the little guy who wants to start
@benevans3733
@benevans3733 3 жыл бұрын
Where are you in Devon then and do you have a web site and brilliant video as always and that’s brilliant that you the brought 4 cars from b c a
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Barnstaple North Devon
@rockyautomotivated
@rockyautomotivated 3 жыл бұрын
Bca bridgewater
@retrogeezer
@retrogeezer 3 жыл бұрын
Where was the price breakdown on the Logan? Someone bought it on on one of the facebook pages I'm on :)
@ChopsGarage
@ChopsGarage 3 жыл бұрын
It was a loss unfortunately. VAT man took all of it and had to offset a Kia that had go go back to auction against it
@retrogeezer
@retrogeezer 3 жыл бұрын
@@ChopsGarage Ah, tax! Sure, but you must have made a profit on the Logan itself though?
@roby72s
@roby72s 3 жыл бұрын
Is that a Landis Thesis next to the 500?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Ah yes, a short lived love affair
@lokmamsalmi2974
@lokmamsalmi2974 3 жыл бұрын
the price of kia picanto in algeria 🇩🇿 is 5000£+ with high mileage
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Oh Id like those prices here lol!
@ciaranm8772
@ciaranm8772 3 жыл бұрын
A Lancia Thesis 😧
@ChopsGarage
@ChopsGarage 3 жыл бұрын
You spotted that lol?
@robincook3367
@robincook3367 3 жыл бұрын
Interesting video. One observation - it's the Ford 'Ka', not Kay-ay. I feel better now.
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Lol! Cheers Robin
@robincook3367
@robincook3367 3 жыл бұрын
@@ChopsGarage It's one thing that really grinds my gears, up there with 'Robin Reliant'. Good videos though. :-)
@ChopsGarage
@ChopsGarage 3 жыл бұрын
@@robincook3367 lol thanks!
@cristicrs5373
@cristicrs5373 3 жыл бұрын
Nice video. But how much do you pay taxes for that profit?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
I am vat registered so pay 20% on my net profits. And then I pay tax on my end of year profits after all costs.
@bird6691
@bird6691 3 жыл бұрын
@@ChopsGarage how do you even profit then
@mohitl1697
@mohitl1697 3 жыл бұрын
What sort of fees do you have to pay on top buying from BCA? I assume you are registered as a trade buyer?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
It varies but averages our around £250 on cars around the 2k to 3k mark
@mohitl1697
@mohitl1697 3 жыл бұрын
@@ChopsGarage I see.. thank you
@easyycarsltd9697
@easyycarsltd9697 3 жыл бұрын
What car do you have with bca Platinum or black Also can you send link to your cars
@tommysmith993
@tommysmith993 3 жыл бұрын
What auctions do you use ?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
BCA and Copart at the moment
@fastfiatjamest6437
@fastfiatjamest6437 3 жыл бұрын
90k is lot for a 2010 looks honest though. I actually bought a mk1 punto 55 mk1 today with zero options today with 30k it's like a time capsule it's been in dry storage since 2005
@ChopsGarage
@ChopsGarage 3 жыл бұрын
You really think 90k is alot for 2010? Thats below average miles per year. Low mileage does not make a good car. Regular maintaince makes a good car. Id take 90k with fsh over 50k with patchy all day. Nice buy on the Punto but you will need to get every rubber part swapped out and drain that tank of course.
@fastfiatjamest6437
@fastfiatjamest6437 3 жыл бұрын
@@ChopsGarage maybe because I live in NI and people tend to drive smaller distances
@ChopsGarage
@ChopsGarage 3 жыл бұрын
@@fastfiatjamest6437 yes its funny because you watch the American YT vids where they flip cars and 100k is actually consider LOW mileage. They think nothing of buying something with 200k.
@fastfiatjamest6437
@fastfiatjamest6437 3 жыл бұрын
@@ChopsGarage older fiats are a different story though in my experience lol they tend to fall apart at 99k I've never had one newer than 2001 though
@williamegler8771
@williamegler8771 3 жыл бұрын
@@ChopsGarage In the United States 100k on a vehicle is nothing. A lot of people commute 150 miles a day or more for work. Add in running errands and vacation drives and the mileage adds up quickly. My daily driver a few years ago was a Saturn Astra , basically a rebadged Vauxhall Astra, and that averaged 40k a year for almost eight years.
@jopsonputhenpurackal
@jopsonputhenpurackal 3 жыл бұрын
How much you paid for delivery mate
@ChopsGarage
@ChopsGarage 3 жыл бұрын
£220 from Blackbushe , £130 from Bristol
@deezgeez9127
@deezgeez9127 3 жыл бұрын
Most of the cheaper stuff on bca is from we buy any car bca own them
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Interesting!
@donaldcampbell2828
@donaldcampbell2828 3 жыл бұрын
Yeah thats right im always suprised when people use we buy any car
@monturrahman878
@monturrahman878 3 жыл бұрын
Fish eye lens makes cars look strange
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Defo
@MegaReddevil71
@MegaReddevil71 2 жыл бұрын
I spy a alfa romeo sprint
@ChopsGarage
@ChopsGarage 2 жыл бұрын
Yep
@ocallaghan3865
@ocallaghan3865 3 жыл бұрын
Best stick to keijidosha
@ChopsGarage
@ChopsGarage 3 жыл бұрын
I have a Cappuccino
@redpill3145
@redpill3145 3 жыл бұрын
The vat man is watching
@ChopsGarage
@ChopsGarage 3 жыл бұрын
He gets paid every month, 20% of margin
@c11yan
@c11yan 3 жыл бұрын
@@ChopsGarage Every quarter?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
@@c11yan every month, I do monthly
@bird6691
@bird6691 3 жыл бұрын
@@ChopsGarage I thought vat is turnover. Different rule for used?
@Shiplysofnetherton
@Shiplysofnetherton 3 жыл бұрын
All that you are doing is encouraging private people to enter the car trade , the more dealers there are the less chance of you selling your vehicle’s, thought you would have more sense ?
@ChopsGarage
@ChopsGarage 3 жыл бұрын
Why is this encouraging them? If they watch my vids there are actually far more likely to NOT enter the trade! Watch a few more Id suggest
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