Motor Trader
JULY 24, 2024
Duxbury will oversee all aspects of dealer operations, including customer relations and key partnerships. His return will include filling the gap left by traditional GAP insurance by providing dealers with the knowledge to inform their comprehensive warranty plans.
AutoSuccessOnline
SEPTEMBER 6, 2024
Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. Dealer Response: Strategies to Support Customers Auto dealers can play a vital role in helping their customers navigate these inflationary pressures.
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Carscoops
MAY 14, 2024
It seems like every day we see a car on a salvage auction site that has next to no damage, and yet has still been described as a total loss by an insurance company. Pamela Price, the district attorney for Alameda County, California, thinks part of that might be down to dirty tricks insurance companies play against their customers.
Motor Trader
AUGUST 22, 2024
The FCA has renewed its call for Gap providers to ensure they demonstrate “fair value and good customer” outcomes In February, the FCA agreed a pause in the sale of guaranteed asset protection (GAP) insurance with a number of firms, following concerns the products were not offering fair value.
Motor Trader
APRIL 2, 2024
The Financial Conduct Authority is looking at historical arrangements for motor finance commission while taking a separate look at the GAP insurance market. In 2021, the FCA banned. This story continues at MT spotlight on motor finance Or just read more coverage at Motor Trader
Autocar
NOVEMBER 18, 2024
However, customers are starting to ask exactly what they’re getting for their money. “I Overcharging consumers can have other dangerous consequences beside denting customer loyalty, as dealers and finance companies are finding out. Many dealers now bundle EV servicing into a package deal with monthly payments.
Autocar
JUNE 28, 2024
Assuming a provider would consider it, taking out GAP insurance to cover any shortfall between what an insurer is prepared to pay for an Ocean in the event that it is written off – highly likely in the circumstances – and what it cost would seem sensible. We continue to monitor the situation.”
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