sharetrader
Page 360 of 365 FirstFirst ... 260310350356357358359360361362363364 ... LastLast
Results 5,386 to 5,400 of 5466
  1. #5386
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,060

    Default

    Quote Originally Posted by Balance View Post
    Not as good as a restaurant though. Stock turn every 3 days!
    Even better if you are like Paul Byrne and own the property too.

  2. #5387
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    23,714

    Default

    Quote Originally Posted by percy View Post
    Certainly is.
    One complete stock turn every 5 or 6 weeks.
    Fake news percy

    Hard to count the cars in the photos but it looks like 70 to 80 ....website says 70 vehicles available

    Using the 70 number that’s complete stock turn every 10 weeks
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  3. #5388
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,060

    Default

    Quote Originally Posted by winner69 View Post
    Fake news percy

    Hard to count the cars in the photos but it looks like 70 to 80 ....website says 70 vehicles available

    Using the 70 number that’s complete stock turn every 10 weeks
    My mistake I only counted about 40 vehicles in the photo.
    Don't know where the other 30 were.

  4. #5389
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,060

    Default

    Quote Originally Posted by percy View Post
    My mistake I only counted about 40 vehicles in the photo.
    Don't know where the other 30 were.
    Say 60 cars ,one stock turn every 8 weeks,or 6.5 a year.Excellent.[twice as good as the book trade]..
    And the big bonus is the site clearly defines Turners as a car retailer,not just as a car auction house.[clever].

    ps.Job for you W69.
    Count the cars on the yard..
    Last edited by percy; 19-06-2019 at 06:52 PM.

  5. #5390
    Member
    Join Date
    Nov 2016
    Posts
    163

    Default

    Quote Originally Posted by winner69 View Post
    Suppose selling one car a day (on average) at the Wellington site is a pretty good effort

    Would have to think there are quite a few really quiet days with no sales being made.
    So what is the average sales per month for used car sales yards in Wellington? You need some facts before getting sarcastic.

  6. #5391
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    23,714

    Default

    Quote Originally Posted by SilverBack View Post
    So what is the average sales per month for used car sales yards in Wellington? You need some facts before getting sarcastic.
    Wasn’t being sarcastic, just seemed that one sale a day wasn’t that many

    Don’t know what a good stockturn is for used car yards but taking 50 to 70 days on average to move a car along seems a long time. All I know is a dealer told me a year or so ago he got a bit worried if a car didn’t sell in a month.

    It only takes 30 days to sell a house in Wellington
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  7. #5392
    Senior Member
    Join Date
    Aug 2002
    Location
    auckland, , New Zealand.
    Posts
    605

    Default

    Quote Originally Posted by SilverBack View Post
    So what is the average sales per month for used car sales yards in Wellington? You need some facts before getting sarcastic.
    Hi SilverBack, done a bit of googling and the average number of sales a car sales consultant does seemed to be 10 a month.
    On Turners website it shows 2 people working at the Wellington car yard, according to Tod the yard sells 30 cars a month. If they indeed only employ 2 people at this branch then the sales numbers are impressive.

    Wellington Turners car yard branch
    Derek Barnes - Operations Manager - 0274 438 689
    John Burroughs - Sales Consultant - 027 403 4621
    Last edited by forest; 20-06-2019 at 01:32 PM.

  8. #5393
    Member
    Join Date
    Aug 2017
    Posts
    293

    Default

    Surely the amount of cars sold has to be linked to the price, age and make of the vechicle.Can't imagine a luxury car yard selling 30 cars a month out of a stock of 70 units!

  9. #5394
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    23,714

    Default

    OK ....That site looks like it is performing well.

    That’s good news
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  10. #5395
    Senior Member
    Join Date
    Mar 2001
    Location
    Auckland, , New Zealand.
    Posts
    1,186

    Default

    Quote Originally Posted by steveb View Post
    Surely the amount of cars sold has to be linked to the price, age and make of the vechicle.Can't imagine a luxury car yard selling 30 cars a month out of a stock of 70 units!
    Must be in some way, plus the margin on the average Ferrari would be somewhat higher then the average imported Nissan/Mazda etc

  11. #5396
    Senior Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    935

    Default

    Quote Originally Posted by Jay View Post
    Must be in some way, plus the margin on the average Ferrari would be somewhat higher then the average imported Nissan/Mazda etc
    Lucky we have people who know what they are doing running the show.
    Hopefully !

  12. #5397
    Member
    Join Date
    Nov 2016
    Posts
    163

    Default

    Quote Originally Posted by forest View Post
    Hi SilverBack, done a bit of googling and the average number of sales a car sales consultant does seemed to be 10 a month.
    On Turners website it shows 2 people working at the Wellington car yard, according to Tod the yard sells 30 cars a month. If they indeed only employ 2 people at this branch then the sales numbers are impressive.

    Wellington Turners car yard branch
    Derek Barnes - Operations Manager - 0274 438 689
    John Burroughs - Sales Consultant - 027 403 4621
    Thanks for doing the hard yards Forest. Probably need to cut Todd's comment in two to get close to the reality (he runs a cars sales company after all) but seems even so to be a reasonable level of activity.
    A few decades ago, I knew a guy who was used car sales manager for a franchise in the Wellington region. It was a a significant franchise. He became very depressed one year when they only sold 4 cars in a month. His worst result ever. This was in a Government induced recession. I think this acts as a lower bound. I cannot tell you how many sales staff he had.

  13. #5398
    Senior Member
    Join Date
    Jan 2013
    Location
    Paradise
    Posts
    1,423

    Default

    Interesting comments re Aussie house sales declines and new car sales and car finance declines in this article.

    Of course it won't happen here and won't effect TNR....... or will it?

  14. #5399
    Guru peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    4,504

    Default

    Quote Originally Posted by Left field View Post
    Interesting comments re Aussie house sales declines and new car sales and car finance declines in this article.

    Of course it won't happen here and won't effect TNR....... or will it?
    didn't seem to affect todays price action in CMO up 1.5%
    For clarity, nothing I say is advice....

  15. #5400
    Senior Member
    Join Date
    Jan 2013
    Location
    Paradise
    Posts
    1,423

    Default

    Quote Originally Posted by peat View Post
    didn't seem to affect todays price action in CMO up 1.5%
    I'm not surprised. CMO has proven to be a sound investment over a many years (and wasn't mentioned in my post)

    However, TNR much more risky IMHO.

    (Disc - don't hold either)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •