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Trading in vehicles
kadonye
#1 Posted : Friday, September 18, 2009 11:46:00 AM
Rank: Elder


Joined: 5/30/2009
Posts: 1,390
Hi all,

Now how does one go about this bizna? what amt of capital is needed?how profitable is the biz?what r the risks involved?anyone............

PS: Nimeappreciate sana views zenu.zimenielimisha pakubwa na kunisaidia kufukuza ujinga.

Baraka!

Trust God and follow his commands for this is the whole duty of man- Eccl 12:13
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
DODIALFAYED
#2 Posted : Friday, September 18, 2009 12:31:00 PM
Rank: Member


Joined: 9/16/2009
Posts: 3
If you were to import second hand from Japan,it will depend with the car make,model and Year of Manufacture/registration..Amount Starts from 450k for say a Nissan sunny to millions (e.gRange rover).Margins are 50k -100k on average.


Your life is a reflection of your thoughts
kadonye
#3 Posted : Friday, September 18, 2009 12:44:00 PM
Rank: Elder


Joined: 5/30/2009
Posts: 1,390
thx Dodi.im mo interested in the cheaper ones for now,but hw fast do the cheaper 2nd hand vehicles go?

Trust God and follow his commands for this is the whole duty of man- Eccl 12:13
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
half_empty
#4 Posted : Saturday, September 19, 2009 1:47:00 AM
Rank: Member


Joined: 3/23/2007
Posts: 127
kadot... any given sunday pitia car bazaar... hio kazi sio rahisi... compe.
simonkabz
#5 Posted : Tuesday, September 22, 2009 3:57:00 AM
Rank: Elder


Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Compe noma sana.

Can silence be misquoted?
TULIA.........UFUNZWE!
Jacob Zuma
#6 Posted : Tuesday, September 22, 2009 4:17:00 AM
Rank: Member


Joined: 9/17/2009
Posts: 38
@kadonye

i can introduce you to a friend of mine in that business. started small,with 500k and now he is doing 3 vehicles a month. he can tell you what you need to know and the good contacts you need to have.




I am Not Him,I am in No Way related to Him,I am related to Jesus though
The Real Shaft
#7 Posted : Tuesday, September 22, 2009 6:22:00 AM
Rank: Veteran


Joined: 11/19/2008
Posts: 839
so...

Zuma....

did you rape...

or were you invited...

to treat...???

I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
Chaka
#8 Posted : Tuesday, September 22, 2009 6:56:00 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
@Zuma,

Contacts in Japan or in Kenya?
Jacob Zuma
#9 Posted : Tuesday, September 22, 2009 9:29:00 AM
Rank: Member


Joined: 9/17/2009
Posts: 38
@ Chaka

Kenyan friend of mine.

I wanted to be of help to Kandonye,the friend of mine may assist him get to know the ropes and be on his own.

I was to join the bizna but funds zikakuwa na other priorities. I am sure he would not mind showing him a round and telling him what to avoid.

@ Real shatf

Read my signature

And for your information,I am born again,pls do not ask me some questions,kindly.


I am Not Him,I am in No Way related to Him,I am related to Jesus though
The Real Shaft
#10 Posted : Tuesday, September 22, 2009 11:25:00 AM
Rank: Veteran


Joined: 11/19/2008
Posts: 839
because they make you less...

born again...???

I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
andycapp
#11 Posted : Tuesday, September 22, 2009 1:05:00 PM
Rank: Member


Joined: 12/21/2007
Posts: 63
Id suggest first you know your target clientelle b4 u start this biz.
Also try bring in Highend cars that are unique.
My Bro does the same business. Since he worked for long in the Banking circles,he targets those clients,specialises in BMW & Mercedes models only. He imports unique vehicles with sunfroof,leather interior,unique colors like black or yellow or red depending on client needs.
When the car gets to kenya,he soups up the car,changes the rims,puts bigger tyres,changes the lights to the latest version(both front & back) & Sells at a bigger margin.
Incase the client tries to look around he doesnt find the same specs,he is willing to spend more. On a car of price about 1.5M,he can make a margin of 200-250k per unit.
kadonye
#12 Posted : Saturday, September 26, 2009 2:42:00 PM
Rank: Elder


Joined: 5/30/2009
Posts: 1,390
@ Zuma,please gimme details on adamkigz@yahoo.com.

Any other details guys,lyk is importing better than buying @ Mombasa?

Trust God and follow his commands for this is the whole duty of man- Eccl 12:13
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
mukiha
#13 Posted : Monday, September 28, 2009 6:23:00 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
@kadonye;

I gather from your posts in this thread that you are completely green in this line of business [or any business for that matter]

First lesson: a business with potential to succeed starts with a ready customer [i.e. a person willing to buy from you]; then it gets the desired product [or at least identifies a source]; finally it get the necessary finance to supply the product.

50% of businesses start with a product and 40% with some finance....and [these] 90% of businesses fail withing the first year!!!

Only 10% of businesses begin with a ready customer and only 10% of businesses succeed.

So; before you start looking for where to buy cars [whether Mombasa,Japan,Singapore,UK,India,Dubai etc] figure out to whom you are going to sell them. Once you have a willing buyer,you can work out the rest.

As @Anycapp says,the key lies in identifying target customers and then everything else will fall into place.....


Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
jerry
#14 Posted : Monday, September 28, 2009 7:49:00 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
May be he wants just one unit for himself/herself considering the following statement 'Any other details guys lyk,is importing better than buying @Mombasa?'.

Crocodile tears: If you can't assist me when I'm alive en you attend my funeral.
The opposite of courage is not cowardice, it's conformity.
twendenyumbani
#15 Posted : Monday, September 28, 2009 8:24:00 PM
Rank: Member


Joined: 9/29/2009
Posts: 9

looking for good car stocks?? better take siku mbili off n go to mombasa! You'll never regret!

twendenyumbani
Informer
#16 Posted : Tuesday, September 29, 2009 6:04:00 AM
Rank: Member


Joined: 5/20/2009
Posts: 71
@Twendenyumbani...

Do you know of any dealers in Mombasa whom I can buy from and resale in Nairobi? Contacts please

SECURITY STARTS WITH YOU
alerts.you@gmail.com
whatever is done in the dark will always come to the light and find its way to bite u in the ass (SO DO THE RIGHT THING EVEN WHEN NO-ONE IS WATCHING)
ubuntu
#17 Posted : Tuesday, September 29, 2009 7:09:00 AM
Rank: Member


Joined: 2/22/2008
Posts: 13
i've been doing this for more than 2yrs now and honestly not easy lately,,i have actualized 2losses and currently stuck with 2No very nice vehicles for more than 6months!no serious buyers and those who come to inquire are like you,want to know the process and acquire from japan by themselves..am quitting and the two units are certainly my last...i have concluded hii biashara iko na wenyewe...i dont understand how some guys are selling so cheap! ! it used to be good but now not!even my buddies doing same biz are complaining..i wonder if theres a happy seller nowdays..but am not discouraging u from trying myab it may work for u
Kwanini
#18 Posted : Wednesday, September 30, 2009 2:27:00 PM
Rank: Member


Joined: 1/28/2009
Posts: 353
Location: Cloud
Margins are so squeezed...hii ni kazi ngumu kama steel.. get nerves of steel and give it a shot...the taste of tha meal is in the eating. no description can replace that...

For i am the master and the captain of my fate !
"For i am the master and the captain of my fate"
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