“Will 2019 be the year of the used van?” is one of the key questions being posed at the next meeting of the Vehicle Remarketing Association, taking place on 21 September at Manheim auctions in Bruntingthorpe. Key presentations will be made by James Davis of Manheim, looking at the prospects of used light commercial vehicles in the year ahead; by Karl … [Read more...]
Finance News
Tradelines 12 September
Ford will show a new 2-tonne Transit with 48V mild hybrid powertrain at next week’s Hannover CV show. It will also reveal a PHEV Transit Custom due to launch in 2019 and the latest telematics and data services to be fitted in next year's models. Lex Autolease, the UK’s leading vehicle leasing provider, is launching a new fund to offer contributions of … [Read more...]
Covering investment rarely considered by car buyers
A new car loses approximately 20% of its value when it is driven off the showroom forecourt, and cars lose between 15 – 20% of their value each year, however, different makes, models and even colours will all hold and lose their value differently. Depreciation is the difference between what you paid for a car and the amount you can get back when … [Read more...]
Welsh motorists go on bonanza buying spree
Welsh car dealers enjoyed a bonanza buying month in August. New car registrations in Wales shot up 42% compared to August 2017, while in the UK as a whole they climbed about 23%. Almost 3,200 new cars went through Wales dealerships compared to 2,200 in August 2017. The rest of the UK averaged a 23.1% rise and the total in GB touched 93,700 over … [Read more...]
Tradelines 5 September
The battle for global SUV sales is a neck-and-neck fight between the long established Toyota RAV4 and the rapidly gaining new VW Tiguan. Under 4,000 units globally separate the two with the German model gaining every month and a long way behind them in third is the best seller of 2016, the Honda CR-V, say Focus2Move analysts. The new Vauxhall Combo van … [Read more...]
UK fleet turnover fastest in Europe, says Arval
UK fleets are keeping their cars and vans almost two years less than the European average, according to authoritative new research from Arval. Here, the average time before a vehicle is replaced is 3.9 years but, across a basket of 12 other European countries, it is 5.7. The finding comes from the 2018 edition of Arval’s long-established Corporate … [Read more...]
Option packs on cars to be hit in tax move
Individual options are unlikely to increase tax liabilities on new cars under the new WLTP regime, but commonly selected combinations of options will have emissions and tax impacts. This is likely to accelerate manufacturer initiatives to streamline their vehicle ranges and option packages, says Autovista Group, Europe’s leading pan-European automotive … [Read more...]
Smart meters for “thinking” electric car owners
Energy Minister Claire Perry has hailed OVO Energy for its “innovative” electric vehicle products - enabled by smart meters - which could see millions save and even make money from their electric cars. OVO Energy is one of just a few companies already using smart meters to offer innovative products, such as rewarding customers for charging their electric … [Read more...]
Right fuel for the job is really important
Chevin Fleet Solutions, a leading global provider of fleet management software, has released a new whitepaper, ‘Selecting Your Vehicles – the Right Fuel for the Job.’ The paper reviews the different fuel type options that are available on today’s market – including petrol, diesel, hybrid and electric – alongside both tax and legal changes that can have … [Read more...]
Beware of on-line vehicle scams
On-line used vehicle scams are escalating, says a reference agency. Mark Bailey, Head of CDL Vehicle Information Systems which owns mycarcheck.com, said, “The sheer volume of online scams is off the chart this summer, with seasonal favourites like convertibles, camper vans and motor homes being targeted. “The staff at our Glasgow call centre speak to … [Read more...]
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