finance and insurance (F&I)
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Finance 13 Nov
Consumer new car finance volumes fall 11% in September
Consumer new car finance volumes fell by 11% but continued to rise in value according to figures released by the Finance and Leasing Association (FLA).
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Market Insight 9 Nov
Short-term insurance take-up increases 177% amid market decline
Brexit uncertainty and increasing petrol prices have been cited as reasons for a spike in the take-up of short-term car insurance cover as service provider Cuvva reported a 177% rise in demand.
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Market Insight 7 Nov
Two days to go: ‘Stay on the right side of the FCA’ at Automotive Management Live
Advice on the key areas dealers need to be reviewing to stay on “the right side of the FCA” will be given at Automotive Management Live.
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People News 6 Nov
Auto Trader head of motor finance joins ContractHireAndLeasing.com
ContractHireAndLeasing.com has appointed car finance expert Paul Harrison into the newly-created role of head of strategic partnerships.
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Market Insight 3 Nov
Have carmakers written off Q4 as a lost cause?
It appears that some manufacturers have already turned their attention to Q1’s targets rather than adjusting retail campaigns for the next quarter
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Market Insight 2 Nov
Court ruling may end dealers' hopes of compound interest on overpaid VAT, says ASE
Dealers hopes for another VAT windfall have been dashed. The Supreme Court yesterday overturned earlier positive court decisions in relation to Littlewoods’ claim for compound interest on overpaid VAT.
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Finance 2 Nov
Vauxhall finance operation comes under new ownership after PSA deal
Groupe PSA and BNP Paribas have completed a joint acquisition of the financial operations of Opel and Vauxhall.
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Finance 27 Oct
JCT600 claims Franchised Dealer of the Year title at 2017 F&I Awards
JCT600 has been recognised for the strength of its finance and insurance performance in 2017 at DealTrak’s annual F&I Awards.
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Used Cars 27 Oct
BCA Partner Finance launches exclusive weekly sales
BCA Partner Finance has launched exclusive weekly sales for its customers at BCA Wolverhampton and BCA Manchester.
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Market Insight 26 Oct
Fall in used car prices indicate ‘weakening market’, warns Cap HPI
Used car prices dipped by 1.2% as the second half of October showed ‘significant signs of a weakening market’, according to Cap HPI.
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Market Insight 25 Oct
‘Time to review residual values’, says MotoNovo
Sustained success in automotive retail will demand a more conservative reappraisal of residual values, according to MotoNovo.
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Finance 24 Oct
FCA makes BrightHouse HP lender repay £14m after affordability checks failed
A hire purchase firm is beginning to pay almost £15m in redress to customers after intervention by the Financial Conduct Authority.
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Market Insight 24 Oct
Giving dealers flexibility is essential to future of online retailing, says iVendi – Automotive Management Live 2017
Providing solutions that allow dealers the flexibility to operate key processes how they want is essential to the rapid uptake of online motor retailing.
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Car Dealer News 23 Oct
Startline to showcase motor finance product at Automotive Management Live 2017
Startline will showcase its new ‘flexible prime’ motor finance product Finishline for the first time at Automotive Management Live 2017.
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Supplier News 23 Oct
Close Brothers Motor Finance relaunches website
Close Brothers Motor Finance has relaunched its website, with the intention of improving the user journey for dealers and customers.
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Finance 19 Oct
Digital solutions could help provide dealers with framework for GDPR and FCA changes - Automotive Management Live 2017
Digital solutions look set to play a key role in helping dealers comply with the demands of GDPR legislation and FCA regulation.
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Finance 18 Oct
Car finance threats highlighted as inflation reaches five-year high
Threats to car finance firms and demand for new and used cars have been highlighted once again after the Governor of the bank of England warned that inflation might peak at over 3% next month.
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Finance 18 Oct
Startline announces push into top 200 franchise dealer groups
Startline Motor Finance has revealed that it intends to push its services into the top 200 franchise dealer groups as part of a new strategy designed to continue the business' growth momentum.
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Market Insight 16 Oct
First-time buyers target newer cars due to 'great' finance options
First-time buyers are opting to buy a newer car thanks to the affordability offered by attractive finance or leasing agreements, research has revealed.
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Finance 13 Oct
Check your return to invoice products to avoid unhappy customers dealers and manufacturers told
Dealers and manufacturers are being advised to review their return to invoice products to ensure there is not a shortfall in customer payouts.