Dealers could see their share of the car finance market increase in 2015 on the back of strong PCP sales. That’s the view of finance provider Alphera, which said that while overall car sales may slow this year, strong PCP offers will continue to drive finance business for networks. “Low interest rates in recent years
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PCPs to boost share of dealer-sourced finance to over 80%
UK rental leasing industry generates £25bn a year, says report
The rental and leasing industry in the UK generates around £25bn a year for the country’s economy and supports just under 320,000 jobs. According to the report, carried out by Oxford Ecconomics, the £25bn is equivalent to the combined local economies of Edinburgh and Leicester and takes into account the rental industry itself, the British-made
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Fleet registrations up 8.1%, says SMMT
Fleet registrations are up by 8.1% on the first 11 months of 2013 according to the latest Society of Motor Manufacturer and Traders figures. In the year to date, 1,080,577 fleet cars have been registered. Last month’s fleet registrations were up by 7.7% on November 2013. Just under 90,000 cars were registered last month compared
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Aston Barclay offers mobile bidding for trade buyers
Aston Barclay has launched an App to enable its trade customers to bid for cars with mobile smart devices. AB LIVE App allows buyers to bid in sales across its four auction centres from wherever they are with a Wi-Fi or 3G connection. It offers multi-lane bidding and provides buyers with vehicle information, inspection reports
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