Endurance Vehicle Solutions, a leading provider in specialist vehicle hire and fleet management, will significantly expand its operations with a new £5 million asset finance credit line. This funding, secured through a continued partnership with Shawbrook, marks a major milestone in Endurance's growth journey across South Wales and the West Country. Since … [Read more...]
Finance News
Out of warranty and into trouble with company vehicles
The increasing number of older vehicles being operated by fleets means manufacturers are increasingly refusing longer-term out-of-warranty claims, reports the Association of Fleet Professionals. The organisation says that with vans especially now being operated into six, seven and eight years, a range of claims issues are emerging that are creating … [Read more...]
Retail buyers need help to go electric, say dealers
Grants or loans to support the used electric vehicle market is the number one action dealers would like to see from the new Labour government to encourage private buyers to make the transition from petrol and diesel models. August’s Startline Used Car Tracker shows 56% of traders would back the move - followed by 50% who want cheaper electricity for EV … [Read more...]
Call for independent certified EV health check
Almost nine out of 10 motorists say it is important to have an independent, certified used electric car assessment showing how well previous owners have looked after the vehicle’s battery. While 83% want to know how long the battery will take to fully charge, 82% also want verification on the amount of battery capacity that has been lost since new and 81% … [Read more...]
Tradelines 21 August
Helping fleets access lower insurance costs by proving they represent a better risk is the aim of new affinity partnership signed by FleetCheck. 1st Choice Insurance are a specialist fleet broker based in Shrewsbury, who represent a panel of the UK’s largest and most experienced fleet insurers and the two companies are working together to identify fleets … [Read more...]
Musso Saracen carries 70th anniversary into UK
KGM Motors UK, formerly SsangYong, will launch the special-edition Musso Saracen Platinum, an exclusive model to the UK market to celebrate the brand’s 70th anniversary. Limited to just 70 vehicles, the pick-up has been crafted for customers seeking the ultimate blend of a class-leading, practical workhorse with a contemporary and refined finish at just … [Read more...]
Keeping on top of your motoring admin saves money
It might feel like a full-time job to keep on top of admin and payments relating to your car, but putting off your car-related admin could cost you. Common motoring mistakes like waiting until the last minute to renew your car insurance, predicting your mileage incorrectly, or misunderstanding your car finance deal could all be leaving motorists out of … [Read more...]
Prioritise pothole problems, motorists call on Government
Almost all motorists (96%) say solving the potholes crisis should be the number one priority for the new Labour government, according to new research. August’s Startline Used Car Tracker also shows that 92% would like to see fairer fuel prices, 91% lower insurance costs, 85% better public transport and 81% more road building to ease congestion. There is … [Read more...]
Holidaymakers warned over parking place scam
Following a spate of fake QR codes being stuck on payment machines at car parks in Pembrokeshire and across the UK, the RAC is advising drivers to be ‘very vigilant’ and only pay with cash, card or official apps to avoid being scammed. Criminals are catching out unsuspecting drivers by placing fake QR codes over council-owned parking machines, in what’s … [Read more...]
Tradelines 14 August
The new car finance sector saw new business by value drop by 6% year on year to £1.545m, with the number of cars financed down 12% at 55,097 in June, according to the Finance and Leasing Association. The used car finance sector didn’t fare any better, with new business value down by 13% on June 2023 at £1.67m and the number of cars financed down 10% at … [Read more...]
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