A new study from Auto Express can help drivers decide the most profitable way to sell their cars, and it may surprise you. Using UK Vehicle Data for the latest sale valuation estimates, the study reveals whether sellers should opt for a private sale or a part exchange. The research has revealed that private sales, which are traditionally seen as more cost-effective, do boast higher returns. … [Read more...]
Tradelines 7 August
Fatigue is being added by FleetCheck to the employee fit-to-drive declaration included in the company’s daily vehicle walkaround safety app. The fleet software specialist says that there is increasing concern among employers about the dangers of tired drivers and a desire to include it in risk management policies. Responding to the news that the Labour Welsh Government have spent £18,677.72 on … [Read more...]
Make money from these models, say Carwow
New figures revealed UK car dealers’ 10 most in-demand models, with owners being advised they could get a better price if they sell as soon as possible. Overall, the Volvo XC40 was identified as the country’s most sought after car by dealers. As high demand can often have a positive impact on a car’s value, this means owners have an opportunity to receive a better offer than usual if they act … [Read more...]
Kia is king among dealers, trade survey shows
Kia dealers are the happiest in UK, but Jaguar franchise holders are most pessimistic. Dealer satisfaction regarding current profit returns have experienced a slight decrease, with an average score of 6.1, down by – 0.1 from the Summer 2023 edition (-1.6% change) of surveys by the National Franchised Dealers Association. Assessing the trends, from previous DAS surveys, current profit return … [Read more...]
Drivers are game for a Golf
A survey has crowned the Volkswagen Golf as the country’s favourite car from the noughties. One in 10 picked the Golf as the car they love the most from the decade, placing it above every other model on the list and it was closely followed by the MINI (7.4%) and the Ford Focus (5.3%). Car-changing marketplace Carwow asked car enthusiasts about their favourite vehicles from the … [Read more...]
Used car buyers skip vital checks
A recent study has revealed that many used car buyers skip vital checks before making a purchase. In fact, one in ten Brits admitted that they make no checks at all when buying a used car, leaving them unaware of any potential vehicle issues. The survey, conducted by online car-changing marketplace Carwow, uncovered just how common it is for used car buyers to skip essential checks. Despite … [Read more...]
Newslines 26 February
Hyundai Motor Europe has announced the new i20 N Line with an upgraded look. Featuring refreshed design elements both internally and externally, the i20 N Line aims to enhance the driving experience with its sleek and modern appearance and is set to begin production in April but UK specification has not been confirmed. Wrexham Volkswagen has been picked as the importer's top performing used … [Read more...]
Essential questions to ask before buying a used car
If you cannot afford to buy a new-plated car next month there is a massive choice of used cars out there and whether for convenience, cost, or quality, Brits’ interest in used cars is showing no sign of waning. Nevertheless, buying a used car is still a significant financial commitment, which is why it’s essential to be prepared for the process. In fact, in the last year alone there has been a … [Read more...]
Newslines 9 February
Car dealers face becoming the focus of a new customers financial scandal similar to PPI claims of the last two decades. The Financial Conduct Authority is investigating cases of finance houses not paying out compensation to customers over now-banned ‘discretionary commission arrangements’ and the watchdog is using its powers under S166 of the Financial Services and Markets Act 2000 to identify … [Read more...]
Good time to buy used cars, suggests survey
There’s been a sharp month-on-month rise in car dealers reporting the condition of used stock is improving – up from 20% in December to 33% now. Research from Startline’s January Used Car Tracker also shows that the percentage stating stock is getting older is also down from 30% to 23%. Additionally, 48% say that supply is improving - the best figure since 32% in October - while those saying it … [Read more...]
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