Brake pads and discs are the most common reason UK fleet vehicles enter workshops according to an “authoritative” new UK service, maintenance and repair (SMR) Top 20 released by epyx. The table is based on information from the company’s 1link Service Network platform, used by fleets totalling four million cars, vans and trucks to buy and manage SMR from nearly 9,000 franchise dealers, independent … [Read more...]
Businesses stretch to survive
New data compiled by epyx has shown the increased level of contract extensions made on company cars and vans during the coronavirus crisis. Looking at transactions through its 1link Service Network service, maintenance and repair (SMR) platform, used by fleets operating four million vehicles, it has produced a comparison for April-August 2020 – the height of the pandemic so far – with the same … [Read more...]
Rising demand for independent garages
A new independent garage recruitment drive is underway for epyx’s long-established 1link Service Network. It has been prompted by existing customer demand for a wider choice of outlets and new customers joining the platform wanting to continue to use existing suppliers not currently on the network - as well as the effects of the coronavirus crisis creating a bottleneck of both MOT testing and … [Read more...]
Used models are key to success next year
Maximising opportunities in the used car sector is likely to be essential to maximising franchise dealer profitability in 2020, says epyx. The company, which delivers the 1link Disposal Network remarketing platform, says that the new car market is unlikely to stage a recovery – but used demand should stay consistent. Vicky Gardner, head of remarketing at epyx (right), said, “Whatever the … [Read more...]
Local trade sales and stock quality rising
Trade sales are becoming more local, reports one company. epyx is reporting that it is seeing evidence of a return to more regional-based remarketing in recent months. Usage of options in its 1link Disposal Network platform indicate that more fleets are opting to look at pricing and sales patterns on a geographical basis before deciding where to sell a vehicle. Head of remarketing Vicky … [Read more...]
Safety and service take back seats in new trend
New approaches to service and maintenance will be needed as personal contract hire increasingly makes an impact in corporate circles, says epyx. Tim Meadows, commercial director, said that typically 80% of cars on traditional corporate contract hire were leased with inclusive maintenance packages but that this fell to around 20% for PCH. He explained, “Fleet leasing companies are selling … [Read more...]
Tradelines 10 October
Fleets and dealers are starting to develop a modern, online version of the traditional “motor trade knowledge” to buy and sell vehicles, reports epyx. The development is the result of increasing use of more than one online channel over the last 2-3 years, meaning that there is greater awareness of the strengths of each platform for different types and ages of vehicles. After a number of … [Read more...]
Rentals rising amid emissions confusion
Confusion among fleets about the impact of WLTP is leading to a rise in daily rental bookings, reports epyx. Activity through the company’s 1link Hire Network platform has been increasing in recent months and WLTP appears to be the key driver, the company says. Tim Meadows, commercial director at epyx, said that there had been a 17% increase in bookings over the same period last … [Read more...]
Tradelines 22 November
The Range Rover Evoque is becoming less popular with business clients of Fulton Vehicle Leasing. It reports there has been a rise in demand for the MB A-Class and Kia Sportage (above) while Ford and VW are slipping down in the mass market as well. A comprehensive vehicle history is the number one factor for trade buyers when acquiring used cars and vans online, shows research from … [Read more...]
Web-sales and auctions are changing market
New disposal routes to market are helping to maintain values as the number of used cars available continues to grow, reports epyx. The company says that online platforms such as its own 1link Disposal Network – which has seen a 65% year-on-year increase in the numbers of vehicles sold - are helping to take the pressure off traditional disposal channels such as motor auctions. David Goodyear, … [Read more...]