finance and insurance (F&I)
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Market Insight 30 AprShort terms and 0% deals aim to ‘pull back’ car finance losses in Q2
When looking at the performance drop in Q1 2018, it has to be through the prism of many brands posting record figures over the same period last year.
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Used Cars 19 AprIndependents could combat contract hire competition with used-car PCP, says Adesa Remarketing
Independent retailers offering PCP funding on used cars have an opportunity to grow their sales during 2018 but may be challenged by new contract hire companies, according to Adesa Remarketing.
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People News 17 AprClose Brothers welcomes former Barclays Business Rebecca McNeil as chief executive
Close Brothers Motor Finance has announced the appointment of a new chief executive Rebecca McNeil, who will also join the business's executive committee.
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Car Dealer News 12 AprDrive-Hive partners with manufacturers to offer pay-as-you-go car ownership
Drive-Hive made its official industry debut this week, claiming that it can provide an “all-inclusive” lending solution that could convert car dealer's finance refusals into three-year revenue streams.
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People News 12 ApriVendi appointments target greater online finance data insights
A new data engineer and data scientist have been appointed at online finance specialist iVendi as the business aims to gain greater insight from its online motor retail data.
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Supplier News 11 AprBlue Motor Finance among top growing businesses in FT1000
Blue Motor Finance has been named as the 21st fastest growing business in Europe in the Financial Times' annual FT1000 listing.
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Car Manufacturer News 10 AprNew mobility partnership sees BMW and Mini cars offered on ‘pay as you go’ basis
BMW has teamed up with mobility provider Drover to offer vehicles on a pay-as-you-go basis from £131-per-week.
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Finance 10 AprVauxhall Finance launches Personal Contract Hire and Business Contract Hire products
Vauxhall Finance has launched Personal Contract Hire (PCH) and Business Contract Hire (BCH) in a move designed to boost SME business sales within the brand's UK dealer network.
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Finance 9 Apr
‘Transparent and responsible lending’ central to FCA motor finance investigation
The Financial Conduct Authority has re-stated its intention to focus on transparency, affordability and car dealers' comission arrangements in its Business Plan 2018/19 as an investigation continues into the motor finance sector.
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Finance 6 AprCar buyers willing to pay 68% more for a car compared to those buying outright - Auto Trader
Consumers typically pay 68% more on the advertised price of a car when using finance compared to those paying outright, according to Auto Trader.
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Finance 3 AprClose Brothers Motor Finance launches online 'showroom-style' finance quote and comparison portal
Close Brothers Motor Finance has launched an online portal allowing dealers to quote multiple finance products in tandem with its website.
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Finance 27 MarCar dealer finance accreditation key to customer trust, says Alphera
Four out of five motorists are more likely to buy a car from a salesperson accredited to sell car finance, according to research from Alphera Financial Services.
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Supplier insight 27 Mar10 minutes with… Spencer Halil, director, Alphera Financial Services
Spencer Halil, director of Alphera Financial Services, why car dealers need better standards of training when it comes to finance sales.
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Market Insight 26 Mar
Carmakers pour on the incentives in effort to pick up weak Q1
The start of March may have been a little slower than usual due to winter storms, but dealers pushed ahead with their plate-change deliveries.
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Supplier News 22 Mar
Santander’s ‘propensity modelling’ to help dealers increase finance renewals
Santander Consumer Finance has introduced a new Propensity Modelling tool which it claims will help dealers improve their finance renewal rates.
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People News 21 Mar
Close Brothers Motor Finance appoints Jaco Wilsenach as chief operating officer
Close Brothers Motor Finance has appointed Jaco Wilsenach as its chief operating officer to support its “business transformation programme”.
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Finance 21 Mar
Car finance volumes rose 13% by value in February, reports FLA
The point of sale (POS) consumer car finance market increased 7% by volume and 13% by value in January, according to the Finance and Leasing Association (FLA).
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Aftersales 19 Mar
FCA Group introduces Auto Service Finance by Mopar aftersales scheme
Customers are now able to pay for parts in monthly instalments with the launch of Auto Service Finance by Mopar.
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Finance 15 Mar
FCA to continue investigation into motor finance sector
The Financial Conduct Authority has said that it will continue investigations into the “risk of harm” posed by motor finance, with its final findings expected to be delivered in September.
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Supplier News 14 MarMotoNovo celebrates 94.5/100 customer satisfaction rating
MotoNovo Finance has celebrated a 94.5-out-of-100 rating average from almost 290,000 car buyers who have rated its funding product.
