MotoNovo Finance
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Market Insight 6 OctMajority of used car buyers still want to talk to dealers
Almost two thirds of used car buyers expect to buy a used car in a showroom and talk to dealers face-to-face, a new study has found.
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Supplier News 13 SepMotoNovo Finance MD Karl Werner joins Automotive 30% Club
MotoNovo Finance managing director Karl Werner to play “active part” in promoting diversity after joining the Automotive 30% Club.
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People News 4 AugMotoNovo CEO Mark Standish departs after overseeing business restructure
MotoNovo has promoted Karl Werner to managing director after its chief executive Mark Standish left the business as part of a restructure of the business.
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Finance 19 MarDealers urged to prepare for car buyers' interest in commission rates
MotoNovo has urged dealers to ‘be prepared’ for car buyers' greater levels of interest in a dealer’s finance commission.
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Supplier News 27 JanMotoNovo outlines how it will support dealers during lockdown
MotoNovo Finance has introduced two initiatives to support its dealers through the latest national lockdown period.
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People News 7 JanMotoNovo's Peter Landers dies after battling 'dreadful' COVID-19 virus
Tributes have been paid to MotorNovo head of strategic partnerships Peter Landers after he died following a three-week battle with COVID-19 coronavirus.
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Finance 16 DecMany dealers still unaware of FCA rules on commission models
Almost a third of motor retailers are unaware of the looming January 28 ban on on all discretionary commission (DiC) models in motor finance.
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Finance 21 Sep
No room for ‘body-swerves or gamification’ in new FCA motor finance rules
The motor finance sector must reinvent itself in light of the Financial Conduct Authority’s (FCA) new regulations which will ban all discretionary commission models from January 28.
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Supplier News 15 Jul
MotoNovo'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.
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Car Dealer News 3 JulMotoNovo announce CBILS support
MotoNovo Finance has announced it is able to provide additional support to the dealer community as an accredited ‘Introducer’ for the Aldermore Coronavirus Business Interruption Loan Scheme (CBILS).
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Market Insight 22 May
Positive demand for click and collect, says MotoNovo
MotoNovo Finance has announced it has seen a surge in proposal and business activity, since it revealed it was lifting lending restrictions.
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Used Cars 4 MarDealers are fine tuning clicks and bricks car retail, MotoNovo finds
Research by MotoNovo Finance has revealed that digital platforms are proving an essential link in the retail chain for used car buyers.
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Finance 4 FebFinance profit key to retaining used car margins in 2019
Finance profit will be key to car retailers’ efforts to realise greater profit from used cars in 2019 as FCA scrutiny and greater influence from the market’s ‘disruptors’ continue to apply pressure.
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Digital Marketing 21 JanFindandfundmycar.com's free car adverts attract 2,600 dealer subscriptions
MotoNovo Finance's online used car aggregator Findandfundmycar.com has reached 2,600 dealer sign ups since it s launch in 2018.
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Finance 29 OctUsed car dealers can tap into £58bn market opportunity, says MotoNovo
Changing appetites towards risk in unsecured lending could open opportunities for used car dealers in a £58bn market.
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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.
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Supplier News 31 Jan
MotoNovo's findandfundmycar used car platform reaches 1m search benchmark in a fortnight
MotoNovo Finance’s new online used car classified platform findandfundmycar.com has generated more than a million searches in its first two weeks of trading.
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Supplier News 16 Jan
MotoNovo Finance launches findandfundmycar.com classified advertising service
Moto Novo finance has launched its findandfundmycar.com classified advertising service built on a set of co-operative principals which aim to cut costs for car dealers.
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Market Insight 26 OctFall 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.
