finance and insurance (F&I)
-
People News 24 AugAlphera appoints BMW/Mini's Adam Harley as head of key accounts
Alphera Financial Services has appointed BMW/Mini national leasing manager Adam Harley as its new head of key accounts.
-
Car Manufacturer News 10 AugVW introduces 0% APR finance on aftersales and accessories
Volkswagen UK has introduced a 0% APR finance payment option on aftersales work and accessories across the majority of its retail network.
-
Finance 6 AugUsed car finance led the market recovery in June, reports FLA
The Finance and Leasing Association (FLA) has said that the consumer used car finance sector’s 9% growth by value and 2% by volume drove a market “bounce back” in June.
-
Market Insight 5 AugCOVID-19 triggers PCP finance repayment worries for a quarter of car buyers
More than a quarter of PCP buyers are concerned about meeting future monthly payments on their next vehicle due to the impact of COVID-19, according to What Car?.
-
Opinion 4 AugAct now to adapt to FCA's motor finance regulation changes, opinion
Many will still need time to fully consider the content of the Financial Conduct Authority’s (FCA) final ruling from its motor review and the impending ban on discretionary commission models, published earlier this week.
-
Finance 3 AugMercedes-Benz Financial Services approved as CLBILS finance support lender
Mercedes-Benz Financial Services (MBFS) has become the first car manufacturer finance house to be approved as a fully-accredited Coronavirus Large Business Interruption Loan Scheme (CLBILS) lender.
-
Supplier News 31 JulAuto Trader looks to automate car sales journey with AutoConvert acquisition
Auto Trader is targeting further automation of the car sales process following the acquisition of finance, insurance and compliance software platform AutoConvert.
-
Finance 31 JulQ3 car finance offers show hopes for September plate-change push
The September plate-change campaign will be the next big test for new car finance offers
-
Supplier News 29 JulFree iVendi product helps dealers achieve £63m of digital deals in 10 weeks
A new iVendi product provided to coronavirus crisis-hit vehicle retailers for free has been used to manage and negotiate more than £63m of vehicle finance deals in the last 10 weeks.
-
Finance 28 JulFCA confirms ban on car dealers' discretionary motor finance commission models
The Financial Conduct Authority (FCA) has confirmed its move to ban all discretionary commission models in motor finance to save car buyers £165 miilion-per-year and eliminate “conflicts of interest” in the sector.
-
Aftersales 24 JulJLR launches buy now pay later aftersales offer with ASF
Jaguar Land Rover (JLR) is introducing an interest free payment option for aftersales work across its retail network, following the appointment of Auto Service Finance (ASF).
-
Car Dealer News 23 JuliVendi-RAPID RTC integration means 'easier lead generation and management' for dealers
A new integration between iVendi and RAPID RTC means 'improved lead generation and management' for dealers.
-
Car Dealer News 20 Jul'Trusted' car dealership financial controller jailed over £252,000 fraud
A car dealership’s financial controller has been jailed for three years for defrauding the business of £252,000 as its owner struggled to fund his wife’s treatment for cancer.
-
Finance 15 JulFCA confirms extended payment freeze for motor finance customers
Cash-strapped motor finance customers can ask for a second three-month freeze or cut on their monthly payments that could last into 2021, the Financial Conduct Authority has confirmed.
-
Supplier News 15 JulMotoNovo's MotoRate ‘priced to risk’ car finance responds to FCA findings
MotoNovo claims to have moved towards the Financial Conduct Authority’s (FCA) car finance ideal scenario with the launch of its new “priced to risk” MotoRate offering.
-
Market Insight 15 JulCOVID-19 lockdown boosts car buyers’ budget and credit ratings
Car buyers who reined-in their spending during the COVID-19 lockdown period have returned to the market with improved credit ratings and higher budgets, research suggests.
-
Finance 14 Jul
Interest free deals on hybrids among Q3 new car deals
Kia, Renault, Dacia, Seat, Skoda and Suzuki in particular have been offering strong new car finance offers since June to help the new car market revival.
-
Latest News 13 JulCar dealer issues warning after averting £80,000 Bounce Back Loans scam
Car retailers have been warned to be on their guard after a fraudster attempted to scam the James Glen Car Sales out of £41,000 and a Porsche Cayman sports car by exploiting the Government’s Bounce Back Loans (BBL) scheme.
-
Market Insight 10 Jul
One-in-seven new cars cheaper on finance, says WhatCar?
Research published by What Car? has revealed a list of new cars that are cheaper to buy on finance than outright in cash.
-
Finance 9 Jul
Online finance proposals reach record levels, says Evolution Funding
Evolution Funding witnessed a record number of proposals through its online platform in June as car buyers flocked to dealer websites in the hunt for a new car.
