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In the car trade it sometimes happens that the offered vehicle is sold quickly, this provides more space in the yard and pleases the seller. Unfortunately, however, frustration can also arise quickly if a vehicle is not sold and no interested parties call, then such a vehicle can be called a Langsteher.
The goal should be to have no vehicle over 180 days in the yard. Therefore, in many operations from 90 days standing time, vehicles are defined as Langsteher. In addition to the space that the Langsteher take, these vehicles also steadily lose value. This means that even if you manage to sell the long time after a long time, the profits are small.
To avoid long time dealers can access our online portal and market vehicles there. Selling through CarOnSale has several advantages for car dealers, besides a larger buyer group, sellers can rely on our unique remarketing technology. By the transparency and the constantly growing offer, you can sell with us comfortably on-line used cars and prevent thereby Langsteher.
- Long-stayers are vehicles that have been sitting in dealers' yards for a long time
- Definitions vary but in general, a long-stayer is often said to be 90 days or more
- Platforms like CarOnSale help dealers sell off vehicles quickly and prevent long-stayers
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Vehicle Identification Number (VIN)
The Vehicle Identification Number, known by the acronym VIN, is a unique code that distinctly identifies each vehicle globally. This alphanumeric combination, which is stamped into the body or frame of a vehicle, acts as the car's DNA and contains critical information about the manufacturer, model, and production details. The careful inspection and decoding of the VIN is an essential element in the professional automotive trade to ensure the authenticity and history of a used car. Furthermore, the VIN plays a central role in ensuring legal compliance and forms the foundation for the smooth processing of transactions. Understanding the importance of this number is key to efficiently managing your inventory and meeting high standards of safety and trust in vehicle trading.
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Margin Scheme Taxation
Margin scheme taxation is a tax procedure that plays a significant role in the trade of used motor vehicles. It allows dealers to pay value-added tax (VAT) only on the difference between the purchase and sale price of the vehicle, rather than on the entire sale price. This approach is particularly attractive to used car dealers, as it can potentially reduce their tax burden. At the same time, certain conditions must be met to apply this procedure. Knowledge of the calculation method, the legal conditions, and the advantages and disadvantages of margin scheme taxation is essential for dealers to remain competitive and for private individuals to make well-informed decisions when purchasing a vehicle.
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