The country is expected to see a surge in MOT bookings this month. According to the AA, up to 5.5 million cars deferred their test last year due to the relaxation in rules caused by nationwide lockdowns. If you’re caught without a valid MOT certificate, you can be landed with a £1,000 fine. Motoring leasing company Vehicle Contracts explains the four … [Read more...]
Crooks set eyes on new car buyers this month, says Metro Bank
Criminals want to make their mark with the release of the latest number plate, warn Metro Bank. The UK’s community bank is offering guidance about the rise in purchase scams around car sales, finance and leasing as the new number plates launch this month. Criminals will entice drivers with best deal offers often advertised on auction sites, such as … [Read more...]
Glass’s Guide ramps up services to trade
Autovista Group has unveiled Glass’s sales solution – a new platform-based application for the motor trade to value stock. “This is a game-changer for the automotive industry and will transform the way that dealers are able to access business-critical pricing information,” says Lindsey Roberts, CEO of Autovista Group. “Our new Glass’s platform pulls … [Read more...]
Newslines 5 July
Over the past 12 months used car purchases completed entirely via mobile devices have soared by 48.7%, compared with a rise of 22.1% on desktop or laptop computers and BuyaCar analysts say that transactions via tablets, such as iPads, are also up, but account for little more than one in every 100 sales. Mobile phones are thought to account for a tenth of … [Read more...]
Hybrids high on buyers’ search lists but shortages found
Insights into the minds of motorists have been revealed by contrasting what visitors to an online used car supermarket look for – and what they end up buying. Analysis of up to one million searches per month on BuyaCar.co.uk reveals that hybrid models are now the only type of car showing consistently increasing interest across every one of Britain’s 10 … [Read more...]
Post Coronavirus symptoms trouble trade
The recovery from Covid-19 continues to be the main concern for car dealers when thinking about the future of their business, according to new research from Close Brothers Motor Finance. Over a third (35%) of dealers surveyed in the Dealer Satisfaction Survey said that Covid-19 recovery and the potential for future lockdowns poses the biggest threat to … [Read more...]
Slow recovery in new car registrations
New car sales are slowly picking up after the first full month of showroom openings, said the Society of Motor Manufacturers and Traders. Registrations in May reached 156,737 units, an almost eightfold increase on the same month last year, but down -14.7% on pre-pandemic May 2019, and -13.2% on the 10-year May average. Against a more positive economic … [Read more...]
Seeing is believing say car buyers
While the pandemic has accelerated online buying across multiple sectors, most drivers are not quite ready to take the leap and buy a new car online without seeing it first. According to Close Brothers Motor Finance’s Britain Under the Bonnet Report, a new car tops the list of things that people would research online but need to see in real life before … [Read more...]
More buyers looking for new cars after lockdowns
Some 2.7 million more drivers are planning to opt for a new car this year than previous years, according to Close Brothers Motor Finance’s upcoming Britain Under the Bonnet Report. For 45% of drivers, a new car is the preferred option – significantly up from 38% last year. The lockdown has fuelled fresh demand for a private vehicle and working … [Read more...]
Trouble cooking for retailers and manufacturers
Dealers and car makers face yet more disruption next year as Google ends the practice of easily identifying potential customers through their internet browsing activity. That's the warning from automotive content and ecommerce experts, Autovia, who believe that the motor retail industry has yet to wake up to the coming challenge. Many marketing departments … [Read more...]
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