Extensions forced on fleets by both the pandemic and much delayed order times for new vehicles have probably changed company car and van replacement cycles forever, reports FleetCheck. Peter Golding, managing director, said that fleets had realised that vehicles had the potential to be operated for markedly longer than had occurred in the past and had … [Read more...]
The changing face of car sales and part exchanges
More manufacturers selling direct to the public is going to change the dealership model in future. The effects of the growth of franchise dealer agency models on the remarketing sector are not yet understood but could be far-reaching, according to the Vehicle Remarketing Association. Last year, Genesis launched as a manufacturer only on-line sales platform … [Read more...]
Rising used costs push up accident & write-off payouts
Surging used cr prices have created an unexpected problem when accidents happen, accoding to the National Body Repairers Association. “Following claims that a surge in the price of second-hand cars is driving up the cost of accident repair claims, the NBRA agrees that there is a danger that some insurers may not recognise this fact, and instead will … [Read more...]
UK fleet turnover fastest in Europe, says Arval
UK fleets are keeping their cars and vans almost two years less than the European average, according to authoritative new research from Arval. Here, the average time before a vehicle is replaced is 3.9 years but, across a basket of 12 other European countries, it is 5.7. The finding comes from the 2018 edition of Arval’s long-established Corporate … [Read more...]
Keyless Brits spend £181M to get into cars
Brits are a careless bunch when it comes to car keys. Millions of drivers waste hours every year searching for missing keys and those unfortunate enough to lose them have spent an eye-watering £181m on replacements. An RAC survey found that one in 20 drivers, or almost two million, admit they have lost their car keys for good and 6% of these say they … [Read more...]