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rhyno Offline
Business Planning
 
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Join Date: Dec 2007
Lightbulb My first business - 04-12-2007, 01:07 AM

Hi guys

I want to start a sports car business focused mainly on sports cars imported from japan and other countries.

i was woundering if you guys can help on how to go about this. should i start it online or start with a showroom

please help

thanks in advance.
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Ian J Offline
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Re: My first business - 04-12-2007, 08:21 AM

I think that the showroom is more important as people won't buy a car until they have seen and touched it. A website is useful though as it will show people who you are and what stock you have and I guess that visitors can be driven to it via listings in Autotrader and the like.
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bermuda Offline
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Re: My first business - 05-12-2007, 11:20 PM

Hi,

You can embed the high quality 3D virtual tours and shows of the cars on your website.

They can be implemented using some softwares and the viewers need having Apple Quick time installed to view them but the effect can really be great.
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jim_gold Offline
Business manager
 
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Re: My first business - 06-12-2007, 10:49 AM

A showroom and website are both important. The 3D idea is a cracker - we are just implementing for a client who is marketing conference facilities, but I think will work jsut as well with cars.

The showroom is important, but if it is too costly for you, you could consider doing a concession deal with an existing car yard with extra space.
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fisicx Offline
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Re: My first business - 06-12-2007, 11:09 AM

Quote:
I want to start a sports car business focused mainly on sports cars imported from japan and other countries.
Where will you be based? Is their sufficient market to sustain the business? How are you planning to import the cars? What after sales service are you offering? Where are you going to store the cars? Do you have the necessary licenses to import and sell the cars? And so on and so on...

There are loads of articles and guides on grey and parallel imports - it can be a very lucrative market but there are already a huge number of companies doing this so you need to make sure you have your niche secured.


Effective Web Design - It's not that difficult if you follow the rules.
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rhyno Offline
Business Planning
 
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Join Date: Dec 2007
Smile Re: My first business - 08-12-2007, 05:20 AM

Hi guys

sorry for taking long to replay back but I’ve been busy studying exams coming up anyways thanks to all guys for your advise and I think I got a lot of preparation to do if am going to start this business, I mean becoming a billionaire is hard work after all.
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CEO
 
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Join Date: Oct 2006
Location: cheshire
Re: My first business - 09-12-2007, 11:23 PM

I bought my last three cars on ebay. The last one was from a dealer who sells via a variety of mediums.

Rather than having a showroom he holds the vehicles in a yard and sells from his home address. He advertises on autotrader and ebay and people come to his house to view. He does very very well selling this way and now that he has sold many cars on ebay and got fantastic feedback people have confidence that they can bid without seeing the vehicles.

I would say the showroom is something you can aim for as you build. It depends on how many vehicles you intend to hold in stock.

Good luck, this is a tough business to make good money in (primarily as ebay has brought prices down)

James
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