MG Motor UK said that Santander Consumer Finance has been selected as its exclusive finance provider, as both companies agreed a five-year partnership effective from 1 January. Trading as MG Motor Financial Services, MG and SCF will provide a full range of retail finance options to make buying an MG easier than ever before. On the dealer side, new … [Read more...]
Finance News
Repay Christmas and rent your drive
Brits now counting the cost of Christmas can ease the New Year financial blues by renting out their driveway whilst joining thousands of homeowners making more than £1,000 per year. Figures suggest that Brits spend from £500 to more than £700 per person over the festive period, splashing out on gifts, decorations, food, parties and the like. Yet data … [Read more...]
Newslines 7 January
The new plug-in Citroen C5 Aircross SUV Hybrid automatic will be shown at the Brussels motor show this week and first UK deliveries are planned for summer. It has a 31 miles electric range and 180hp petrol 1.6 litre engine as well, a 600 litres maximum bootspace and cost from £35,340. Daimler and Volvo are in preliminary talks to consider jointly … [Read more...]
Pump prices begin rising again, says RAC Fuel Watch
A surge in world oil prices in December has brought an end to four months of falling petrol prices with a litre of unleaded going up very slightly (0.24p) to 126.11p, data from RAC Fuel Watch reveals. The price of oil increased $3 ($2.91) a barrel over the course of the month from $63.61 to $66.52 – a rise of nearly 5% – as a result of the United States and … [Read more...]
Best selling used-cars surprises
Hyundai Tucson is the fastest-selling used car of 2019, while Ford and Vauxhall models dominate the best-selling list, reveals analysis by AA Cars used cars website. The Hyundai Tucson has repeated its success from 2018, with the model spending the shortest time on the site, compared to other car models, before being snapped up by speedy … [Read more...]
Financing your car in 2020
If you’re thinking about changing your car in 2020 but unsure where to begin when it comes to researching finance, the FLA’s impartial website, Financing Your Car, is a good place to start. FYC is designed to find the product that best fits your circumstances, so the first port of call on the site should be ‘Your Finance Options’, which will explore … [Read more...]
Dealers confidence stronger now for 2020
Exclusive findings from Close Brothers Motor Finance’s Dealer Satisfaction Survey reveal that most motor dealers (96%) are confident about business prospects in the market going into 2020, with almost six in 10 (58%) ‘very confident’. At a time when the new government and the Brexit extension offer a potential end in sight for the political turbulence, … [Read more...]
EU car sales expected to fall over next two years
The improvement in registrations during November has been due to several factors and despite at least one less working day in most markets. However, IHS Markit still expects that passenger car registrations in the EU will fall in 2019, 2020, and 2021. Passenger car registrations in the European Union have recorded further growth during November, according … [Read more...]
Newcomers from Kia, Vauxhall and Suzuki
A new high specification ‘4’ grade has been added to the Kia e-Niro line-up, replacing the previous ‘First Edition’ model. Its standard equipment list is lengthy, and highlights include a new updated 10.25-inch touchscreen satellite navigation system with telematics system featuring UVO Connect Services, LED headlights with bi-function projection, ambient … [Read more...]
Repair don’t replace to cut costs
Allianz Insurance has launched a partnership with Plastic Surgeon, a specialist restoration company that focusses on engineered repairs to surface damage, rather than replacement. The partnership with Plastic Surgeon will bring many benefits including significant sustainability improvements, as targeted repairs will waste fewer materials. Since the project … [Read more...]
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