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 January 03, 2024 edition of Autocar UK.
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 January 03, 2024 edition of Autocar UK.
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
The riddle of the sands
Dacia is hoping to crack the Dakar Rally first time out with Prodrive and a star line-up. DAMIEN SMITH finds out more
25 FOR 25
What is going to happen in the year ahead? Here are 25 cars, events, racing stars and big stories to keep an eye on
FORD CAPRI
Does new electric crossover live up to its name more in rear-driven form?
SKODA ELROQ
One of the best crossover EVs arrives in a smaller form
An alien encounter
The Tesla Cybertruck looks like it has come from outer space. Aversion and confusion naturally abound. MARK TISSHAW musters the courage to make first contact
Damien Smith
Always beware hype in motorsport. Still, at the dawn of 2025, I find myself irresistibly drawn by a tractor beam of anticipation. So here goes: I haven't felt this pumped about a forthcoming Formula 1 season for years.
SOLID-STATE BATTERIES SET TO GO MAINSTREAM
New, lighter battery tech boosts range and is close to making production
URBAN CRUISER RETURNS AS EV TWINNED WITH EVITARA
Toyota’s new Volvo EX40 rival will be built beside Suzuki sibling in India
ALL-NEW CLA SIGNALS STEP CHANGE FOR MERCEDES EVS
We ride shotgun in the car set to usher in what Merc calls its 'EV 2.0' era
AMG'S NEW SUPER-SUV TO PACK OVER 1000BHP
Electric GT SUV will use advanced tech to take on Eletre and Cayenne EVs