Video summary
Cars I ALWAYS Want to Buy & Retail in My Garages… These Just SELL | Dungarvan & Cork Garage
Main summary
Key takeaways
Core selling “playbook” (what makes a car a good retail opportunity)
The dealer uses a simple 3-part filter—cars are worth buying/stocking only if they meet all three:
- Sell quickly (fast inventory turnover)
- Sell profitably (strong margin/earnings per unit)
- Low warranty/trade-in risk (good quality; minimal warranty issues; can be taken back after ~2–3 years)
“Flavor of the month” inventory strategy (what brands/models they prioritize)
Toyota
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Toyota Camry (WS spec)
- Positioned as their “golden goose” in the Camry range.
- Demand signal: they already receive inquiries; likely sold before planned upgrades (e.g., lowering springs).
- Merchandising/upgrading for conversion: 19-inch alloys, carbon-fiber look front splitter, planned lowering.
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Toyota Yaris (Hybrid), 2020–2022 (newer used focus)
- Warranty/quality angle: they offer a 12-month warranty and describe them as “bulletproof.”
- Profit insight: they claim Yaris often yields more profit than a 5 Series (~€35k).
- Operational tactic: frequent purchasing—importing ~10–15 at a time.
- Trust/positioning: low hassle + low capital tied up (“least amount of bother and the lowest amount of money tied up”).
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Toyota Aquas (mentioned as “handy,” not big profit)
- Not high-margin (“don’t make that much money”), but stocked to serve buyers in the ~€12–13k range.
BMW
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BMW F30/F31 320d M Sport (saloon & touring)
- Saloons: “gold dust,” typically sell out quickly.
- Pricing examples (market price anchoring):
- 2017 320d M Sport saloons: ~€23,000
- Prior-year stability: similar units selling for €23–24k
- Market pressure elsewhere: some dealers still price 2015 models at €18–19k
- Premium/availability strategy: saloon units command a higher premium when sourced from Japan; they buy more tourings at auction because saloons are scarce.
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BMW 320i / 420i (Japan imports) – strong Cork sellers
- Conversion/up-sell merchandising: typically add 20-inch alloys and emphasize low mileage + immaculate condition (Japanese import advantage).
- Fuel preference by geography: petrol versions perform “really, really” well in Cork (diesels also sell, but petrol is highlighted as city-driven).
Volkswagen
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Volkswagen Polo (2018/19; Highline 1.0 petrol auto)
- Strict filter to manage demand and speed:
- Must be ~€15–16k retail
- 18–19 reg can sell for more, but 2021 units are slower
- Reasoning: small cars under ~€16k “won’t sell” (their general rule).
- Tactic: focus on higher trim (Highline) for a more premium feel.
- Strict filter to manage demand and speed:
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Volkswagen T-Cross (1.0 petrol auto)
- Selling volume claim: 7–8 sold in the last 6–8 weeks (Cork).
- Pricing/financing fit: ~€20k or low €20k; aligns with customer financing budgets.
- Stock years: ~2020–2023 reg.
Audi
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Audi A5 2.0 TFSI petrol (S line/sport variants)
- Cork performance: sells “exceptionally well.”
- Merchandising to win attention: upgrade grills, upgrade alloys, de-chrome to improve perceived value.
- Warranty risk management: “no bother” so far with these petrol Audis; diesel Audis have had more issues.
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Audi e-tron models (EV assortment)
- Examples: sold a Q8 e-tron.
- Claim: specific EVs sell well in Cork (and somewhat in Dungarvan).
- EV reliability positioning: they report no warranty trouble on EVs they listed.
BMW/1 Series & other Cork-focused stock moves
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BMW 118d M Sport (diesel)
- They add kits/alloys to improve “look the part.”
- Important policy: despite petrol 1 Series selling okay, they’ve had “a bit of bother” with petrol previously—so they stick to diesel.
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Mercedes C-Class coupes (offsite inventory; 2017–2019)
- Reported as popular and selling well, but not physically shown in the video.
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BYD
- Limited inventory: a unit was offsite for window tinting; earlier units sold immediately.
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Volkswagen ID.4 (EV)
- Reported strong seller; they would happily buy again.
Price-point and speed tactics (how they drive fast sales)
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“Sub-€10k” rule for urgency/turnover
- Example outcomes:
- Polo €10,950 → €9,950, deposited same day
- Golf Estate €11,950 for ~2 months → €9,950 (2 days ago) → sold immediately
- Claim: any decent car at €8–10k sells quickly.
- Operational implication: they only pursue this when they can still make money, since high-quality inventory at that price is hard to source.
- Example outcomes:
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Warranty packaging
- For lower-priced quick-movers: they emphasize they can offer 3-month and sometimes 6-month warranties to support buyer confidence and faster conversion.
Key “KPI-like” signals mentioned (even if not formalized)
The video uses qualitative KPIs and concrete examples:
-
Time-to-sale:
- “sell straight away”
- “might be sold before upgrades”
- “sell out as they do every single time”
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Profitability:
- “great money”
- “holy trinity” of fast + profitable + low warranty risk
- Example: Yaris > profit vs a higher-ticket 5 Series
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Warranty risk:
- “no bother” vs “a bit of bother” (petrol vs diesel Audis; petrol vs diesel 1 Series)
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Inventory/stock turnover by price band:
- sub-€10k units move within ~2 days
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Volume indicators:
- Yaris 10–15 imports currently
- T-Cross 7–8 sold in 6–8 weeks
Actionable recommendations embedded in the talk (what they’d do operationally)
- Stock by the 3-box filter: speed + margin + low warranty/trade-in risk.
- Use “make it look premium” upgrades to accelerate sales and defend pricing:
- alloys, lowering/splitters (Camry)
- grille/de-chrome/alloys (Audi A5)
- kits/alloys (BMW 1 Series)
- wheels (BMW 320i/420i)
- Tighten model-year/fuel/trims to avoid slow sellers:
- Example: Polo must fit 2018–2019 + Highline + ~€15–16k; avoid 2021 if turnover slows.
- Example: prefer diesel 118d; avoid petrol 1 Series going forward due to past warranty issues.
- Exploit geography-based demand:
- Cork: petrol BMW 320i/420i, Audi A5 TFSI, T-Cross, specific EVs (e-tron, ID.4)
- Dungarvan: also participates, but Cork is consistently stronger for the highlighted units
- Use aggressive price cuts selectively at the right threshold (not blanket discounting):
- adjust under the €10k band to trigger quick deposits/sales.
- Manage EV assortment with proof + low warranty history:
- only repeat what they’ve already sold successfully (specific e-trons / ID.4 / BYD units that moved quickly).
Presenters / sources
- Presenter: The video speaker (dealer/owner) discussing stock strategy for:
- Paul O’Connell Cars
- O’Connell Car Centre (Cork)
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