Originally Posted by
fordsportjay
just had a quick look at my costs and in 6 years i had spent £47000 on renting a 1000sq ft unit.
autotrader costs were about £2000 per year
hpi checks were over £500 per year!(make sure you check everything you buy and p/x!).
also remember vat- if youre selling cars over £5k,you will soon go over the threshold.
Wow, thats alot of costs !
Fortunately my mate has a big unit, he´s said I can store 5 cars there for 100 quid a month so trading from home may be ok.
Excuse my ignorance here but do you mean I´ll have to pay VAT on my earnings after a certain amount?