What did you do during Covid? Start writing a book that you never finished? Fail to learn an instrument? Steve Kempster started buying and selling cars from his driveway and now is turning over around £300,000 per month from his first showroom.
Sounds easy, doesn't it? Bag a few cars for a song out of the classifieds, add a margin and ask the punters to form an orderly queue. If only...
"There are three ways to succeed in this business: work, work and work," says Kempster from his Sparco office chair, alongside that of his co-director, Richard Turrall.
For Kempster, work started the moment he was made redundant from his job as a sales manager at a major multi-franchised dealer group, where he had been for more than 10 years.
"It was July 2020, bang in the middle of Covid," he says. "They had to reduce head count and I was out."
So there he was with a house, responsibilities and £4000. What to do? Realise a boyhood dream and start buying and selling cars, that's what. Being a stickler for detail and doing things properly, in the first week he got the basics sorted: a website, advertising and warranty accounts, a card machine, branded clothing, business cards and trade plates. Oh, and a name: Klassified.
"It was inspired by an Instagram page I set up 10 years ago called Klassy Racing, full of pictures of modified cars," he explains.
Now to go shopping. With a golden rule to always source from private sellers, he bought his first two cars: a Ford Fiesta ST and a Vauxhall Astra VXR. They were sold in days, and by the end of August, he had sold 10 cars.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Poster car that went from rusty to trusty
One evening, two years ago, George Pappas was being driven down his local high street by a mate and mulling over whether to replace his Mk4 Golf diesel, a recent purchase that was boring him to death, when his girlfriend, also in the car, spotted an old BMW 3 Series at the side of the road with a 'for sale' sign in the window.
THE SEVEN-SEATER THAT VOLVO DARE NOT KILL OFF
The current-gen XC90 has been on sale since 2015 for good reason
GENESIS ELECTRIFIED G80
Where the story begins, in the Hyundai premium marque’s luxury saloon
LEXUSLBX
Can you shrink premium quality to fit an SUV this small? We now know
Rolls boss ready to 'define the next chapter'
Nine months into the job, Rolls-Royce CEO and car guy Chris Brownridge tells STEVE CROPLEY what he's learned and where the firm's heading
Once more, with feeling
AC Cars' recreation of the classic MkII Cobra is at first glance a faithful facsimile of a 1960s performance benchmark. SIMON HUCKNALL drives it
MERCEDES-BENZ CLE
Does a PHEV set-up work in a coupé that exudes such old-school vibes?
ANALOGUE SUPERSPORT
Lotus Elise specialist uprates 1990s icon with an eye on track days
ALPINE A290
The hot hatch is alive and well, and living in France. On both road and track, there's much to savour`
UK HANGS ON TO OLD CARS
Average car age climbs as high prices dampen demand for new models