More than half of dealers (55%) expect 2024’s used car market to be better than this year’s, suggests new research. September’s Startline Used Car Tracker shows that 45% also believe there will be better stock supply and 43% that demand for electric vehicles (EVs) will increase. However, just 25% expect there to be an improvement in consumer … [Read more...]
Warranties out of step with reality, says software specialist
Car and van lease contracts and warranties should be extended to align with the new real world fleet replacement cycles that have emerged following the pandemic, reports FleetCheck. The fleet management software specialist says that cars across its user base are now generally being operated for close to five years compared to 3-4 previously, while vans have … [Read more...]
Running costs drive motorists’ buying decisions, says Startline
The effect of rising living costs on which used cars are chosen by consumers has grown strongly in the last six months, according to September’s Startline Used Car Tracker. Running costs are the most important factor now named by 74% of motorists compared to 62% in April, followed by the cost of living, which is now at 65% against 61% over the same period. … [Read more...]
Halfords extend ev-servicing centres
Halfords announces a groundbreaking achievement in electric vehicle servicing accessibility to mark World EV Day tomorrow. An extensive footprint representing 80% of the UK population can now conveniently access top-tier EV servicing in under 20 minutes from their home, reiterating Halfords' commitment to ensuring servicing is accessible in both cost and … [Read more...]
Showroom prices slide in pre-September sales
There are new car bargains to be had as dealers report manufacturers are dropping prices and supporting lower rate finance deals to lift sales. The traditional slow August sales before the new registration plate arrives on 1 September has been followed by an unseasonally slack demand for new models arriving from today. Rising new car prices and higher … [Read more...]
New Suzuki Approved Used Warranty
Following on from the launch of Service Activated Warranty earlier this year, Suzuki has created its own in-house Approved Used Car Warranty. The launch of the new warranty will also help further increase customer retention as well as a higher volume of service, maintenance, and repair for the dealer network. The Suzuki Approved Used Car Warranty offers … [Read more...]
Octopus Energy spread into used evs for business
Octopus Electric Vehicles has launched a second hand workplace leasing scheme for electric cars. Octopus’ ‘Nearly New’ salary sacrifice offer makes EVs even more accessible to the mass market by considerably reducing costs. Drivers are able to access popular EV models like the Renault Zoe, Peugeot e-208 and Vauxhall Mokka-e for roughly £300 a month, … [Read more...]
Tradelines 2 August
New electric tram trains that will revolutionise transport across the South Wales valleys were unveiled this week at their new £100 million depot at Taff’s Well. As part of the South Wales Metro project by Transport for Wales, they are capable of operating on both electric lines and battery power up to 62mph and carry 252 passengers. Commuter scooters … [Read more...]
EV complaints rising, reports troubleshooter
Motorists' complaints about electric vehicles and dealers selling them are rising, reports The Motor Ombudsman. The latest increase may be put down to a greater number of consumers getting behind the wheel of pure battery-driven models, and the cost of living crisis driving more individuals to recoup financial losses, as pressures on household … [Read more...]
Buyers better protected from 31 July
The new FCA Consumer Duty will come into force on 31 July. The Financial Conduct Authority intends for the new Duty to increase levels of consumer protection in retail financial services markets, whilst aiming to promote a healthy environment for firms to thrive. The new Duty will not be a tick-box exercise or be about introducing new processes and … [Read more...]
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