Honda UK announced residual values and a full pricing list for the 10th generation Civic coming in late March. Starting from £18,235 on the road for the entry level S grade 129PS VTEC TURBO in manual, the range tops out at £27,480 on the road for the 182PS VTEC TURBO Prestige with a CVT transmission. Metallic paint is an option and adds £525 to the … [Read more...]
Hiring
Ford is favourite in Wales
The Ford Fiesta is favourite in Wales. Leasing Options, a vehicle leasing company, analysed Google Trends data to discover the country’s favourite car and the little Ford came out first. The research reveals that Ford is the nation’s favourite car make, with the most popular models being the Ford Fiesta, Ford Focus and Ford Transit … [Read more...]
Tradelines 19 October
GKN Driveline will showcase its leading contemporary and electrified driveline technologies - making passenger cars lighter, more fuel efficient and better to drive - at the International Suppliers Fair (IZB) this month. GKN will demonstrate its latest technologies across eDrive, all-wheel drive and two-wheel drive vehicles at the show in Germany between … [Read more...]
Next growth area for PCPs will be tourers and motorhomes
Staycations or stay-at-home holidays in the UK are set for a boost with, for the first time, PCPs becoming widely available in the motorhome and touring caravan market. According to vehicle data provider Glass’s, the finance product, which has revolutionised the new car market in recent years, will make leisure vehicles much more affordable and … [Read more...]
End of the road for fleet managers
Once hailed as the guardian of the company car, the traditional fleet manager is now an endangered species, especially in the small business sector, as the resource intensive role becomes difficult to justify from a cost efficiency point of view. According to a new report - Modern fleet management and the drive to reduce costs - from CBVC Vehicle … [Read more...]
PCP contracts and condition clauses surprise motorists
More may need to be done to educate the rapidly rising number of PCP customers about the condition in which their lease car should be returned, says Glass's. The vehicle data provider says that it is receiving notable anecdotal evidence from the trade that some customers are shocked to find that there are potential financial implications surrounding the … [Read more...]
Bank Holiday breakdowns are avoidable
Europcar says that breaking down is the second biggest worry for motorists on long trips. Traffic delays and accidents are the issues which sandwich the breakdowns. With the average age of cars on Britain’s roads now over seven years, it’s not surprising that this could be a concern ahead of the last Bank Holiday weekend before Christmas. According … [Read more...]
Company drivers looking for grey to keep out of red
The number of employees paying company car tax has increased for the first time in 10 years. But the latest figures suggest that government tax policy is driving staff into older, dirtier and more dangerous grey fleet vehicles, says the British Vehicle Rental and Leasing Association. Recently released provisional data from HM Revenue and Customs (HMRC) … [Read more...]
Manufacturers not listening to dealers and brokers
Manufacturers miss out on broker growth through poor communications and account management Leasing brokers feel that they are not receiving proper account management and communications from motor manufacturers which is hampering potential growth in the sector, according to a new survey from the Leasing Broker Federation, an independent membership … [Read more...]
Brokers expect leasing demand to grow
The first ever survey of vehicle leasing brokers suggests good times ahead for the sector with 87% of brokers reporting a buoyant market with demand for leases or other financial products on the up as SMEs, corporates and private buyers take advantage of low lease rates. Conducted by the Leasing Broker Federation, an independent membership organisation … [Read more...]
