Just before the beginning of March there were concerns that motor traders would have to drastically cut the cost of all the vehicles in their forecourts in order to sell them before car manufacturers delivered new ‘13’ registration plate vehicles. Motor traders were trying desperately to sell new vehicles during a time where many people…
Most vehicle owners dread their MOTs due to the fact that they will have to pay out money in order to make sure their cars are road worthy. This is why many mechanics usually offer deals for their services in order to gain a bigger share of the market, which can lead to franchised dealers…
Over the past few years there have been some massive changes to the motor trade industry, which means that car dealerships have had to adapt in order to still appeal to customers. Those working in sales, servicing and finance have all had to adapt to the introduction of new technologies, the economic climate and the…
In our blog post yesterday discussed topics that landlords should keep an eye out for in today’s Budget announcement. Housbuilding, the cost of utilities and benefits were three topics that we advised will affect landlords the most in the upcoming year, as the amount of housing in the UK and the cost of living will…
Motor traders who have been in the business for a number of years know that keeping up with industry news is one thing, but training is of the utmost importance if you want to succeed. Apprenticeships are therefore a great way to get young people involved in the motor trade industry as they can learn…
There is an increasing amount of people looking for social housing in the UK, especially as the cost of living is on the rise whilst wages are remaining mainly stagnant. Social landlords are therefore trying their hardest to accommodate some of the most vulnerable families across Britain; however there are some who are trying to…
International car manufacturing companies are generally difficult to run, especially as members of senior management constantly need to be up to date with a myriad of industry information including car markets in various countries, regulations concerning dealerships, motor trade insurance policies, finance packages and new technology. This is why when appointing someone in a senior…
When looking for a new vehicle most buyers read car magazines in order to gain more information on what they should invest their money in, which is why motor traders should also read these magazines to get an idea of what vehicles will sell the easiest! Here we look at some of the top…
Next week George Osbourne will be announcing his plans for the UK in his annual budget speech, and many tenants and landlords will be interested to hear what types of investments will be made in to the private rented accommodation sector. This is especially true as a few weeks later the welfare reforms will be…
There have been numerous reports in the press recently discussing finance deals and motor traders, including how many people are now buying their new cars using financing, and the ways in which motor traders protect themselves and their businesses when offering these deals. This is due to the fact that most people in the UK…
Motor traders not only enjoy motor shows due to the fact that they can see what new models will soon be entering the car market, but also because they enable motor traders to look at new concept cars that give a slight inkling to what the future of the car industry may hold. This week,…
Whilst many motor traders have been concerned recently with the introduction of the supposedly unlucky ‘13’ registration plate, those in Scotland are feeling more positive as the amount of new car registrations in the area this year are on the rise. Figures released by the Society of Motor Traders and Manufacturers (SMMT) showed that 5,064…
Last Wednesday we discussed how the future of the buy-to-let lending sector was changing, especially due to the fact that Nationwide – one of the biggest lenders for buy-to-let landlords – had officially stated that they would no longer be offering their services to landlords with tenants that receive housing benefits. It was believed that…
This month the new 13 registration plate is being launched, and whilst some motor traders are concerned the supposedly unlucky number could hinder sales, CAP has claimed that they will not be affected. CAP have stated that they do not believe that superstitious customers will refrain from buying vehicles just because of the new registration,…