Dealerships could benefit from a new online app which allows motorists looking to change a car early to check the status of their current finance agreement.
Auto Trader’s 2017 Digital Excellence Study has indicated that automotive beats nine comparable sectors when it comes to customer experience online.
The National Franchised Dealers Association (NFDA) has written to HM Treasury and the Department for Business to highlight the ‘serious impact’ of debit card charges on dealers.
As the sales practices around motor financing are increasingly brought into the spotlight, it has become clear that something must change.
Volkswagen is celebrating Golf’s recognition as Britain’s best-selling car with limited time offers.
Consumer car finance new business volumes are stable.
The Financial Conduct Authority has published proposals to require dealers to better manage risks of non-compliance in staff's pay and performance management.
Car retailers have come under fire for their approach to finance sales after undercover newspaper reporters found sales executives were offering new car PCPs to and minimum wage earners and the unemployed.
The Bank of England has told banks to set aside an extra £11.4 billion to protect the economy from a financial crash as car finance and credit card debt lending continues to “increases rapidly”.
Startline Motor Finance is extending its concept of flexible prime motor finance to more customers with the launch of its new Finishline product.
Even in a bad month, some brands still make gains. Convincing finance offers have a lot to do with that success.
Used car PCPs could play a crucial role in maintaining demand for diesel cars if the current backlash against the fuel type continues, according to iVendi.
The NFDA has highlighted the replacement of the Bills of Sale Acts with a new Goods Mortgage Act as the key issue to emerge from a Queen’s Speech.
Car dealers are being targeted by criminals making fraudulent car finance applications. Sgt Kate Jackson of the NVCIS explains how to spot them.
The SMMT has revealed that UK automotive manufacturers turned over a record-breaking £77.5b in 2016.
The Financial Conduct Authority (FCA) has found that Admiral included inaccurate premium amounts in its renewal documents.
There may be some softening of demand over the year, but PCPs make getting a new car very affordable in comparison to HP or outright purchase. That way of funding their vehicle is very much part of the consumer psyche now.
The F&I Conference has named Barclays Partner Finance as the headline sponsor for the second consecutive year.
There has been a lot of adverse publicity around Personal Contract Purchase in recent months, much of which is technically incorrect and some of which is blatant journalistic sensationalism.
New business in the point of sale (POS) consumer new car finance market fell 19% by value and 28% by volume in April, compared with the same month in 2016.
Prepared car dealers can minimise risks to the finance market – whether from competitors, regulation or market pressures.
Synergy Automotive is meeting the growing demand for its services with six new appointments.
CitNOW has been ranked 176 in Financial Times fastest-growing companies in Europe.
The new car sales boom depends on cheap, available finance, but storm clouds are visible on the horizon.
To dispel doubt about the stability of the motor finance market, finance houses and trade bodies need to be more transparent.
