Motor Trader

AUGUST 30, 2024

Oracle Car Finance has raised over £50,000 for local Martin House Children’s Hospice, fundraising internally and at The Motorist on 26 August. This story continues at Oracle Car Finance raises £50,000 for hospice Or just read more coverage at Motor Trader Without these kind of events, Martin House would not survive.

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Machines with Souls

OCTOBER 20, 2024

The post Should you buy, lease, or finance this $117k BMW M4 Coupe? A new BMW M4 Coupe with a sticker price of $117,000 was left behind at a dealer. It's a lot for an M4, but this is about how you purchase it. appeared first on Machines With Souls.

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Motor Trader

SEPTEMBER 3, 2024

Paragon Bank has appointed Dave Wilson as Managing Director of its Motor Finance division, following Julian Rance’s retirement. Wilson joined Paragon’s Motor Finance division in 2017. His 25 year career in financial services includes work with Close Brothers, Bank of Scotland and MotoNovo Finance.

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Motor Trader

SEPTEMBER 24, 2024

The Financial Conduct Authority (FCA) is giving finance houses and dealers more time to deal with complaints on motor finance commission. In January this year it announced a review into whether motor finance customers have been overcharged because of the past use of DCAs.

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Motor Trader

SEPTEMBER 13, 2024

The consumer car finance new business volumes grew in July 2024 by 1% compared with the same month in 2023. The consumer new car finance market reported new business by value in July 5% higher than in the same month in 2023, while new business volumes fell by 3%. “Recent data from the SMMT shows a 7.2%

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Motor Trader

OCTOBER 8, 2024

Close Brothers Motor Finance (CBMF) has appointed John Cassidy as managing director – sales. He reports to Seán Kemple, CEO Motor UK and Retail Finance Ireland at CBMF. He reports to Seán Kemple, CEO Motor UK and Retail Finance Ireland at CBMF.

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Motor Trader

AUGUST 29, 2024

Complaints on finance issues soared 70% in the three months to June, according to the Financial Ombudsman Service. Motor finance Hire purchase (motor) was the second most complained about product, behind credit cards, with 15,925 complaints, of which around three quarters are in relation to motor finance commission.

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Best Selling Cars Blog

OCTOBER 1, 2024

Dreaming of that new car smell but worried about financing as a first-time buyer? Let’s break down how you can qualify for vehicle finance and make that dream a reality. What Is Vehicle Finance? Simply put, vehicle finance is a loan specifically for buying a car. . Don’t sweat it!

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CarExpert

NOVEMBER 18, 2024

One dealership in South Australia is offering three years of free servicing for both front- and all-wheel drive X-Trail ST-L variants until the end of November, in addition to a national finance deal. percent finance rate until the end of November, with a maximum loan term of 36 months. All X-Trail models are currently subject to a 3.9

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Motor Trader

AUGUST 7, 2024

The consumer new car finance market reported new business by value in June 6% lower than in the same month in 2023, while new business volumes fell by 12%. The consumer used car finance market reported a fall in the value of new business in June of 13% compared with the same month in 2023, while new business volumes fell by 10%.

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Finance Marketing Sales 104

Motor Trader

JULY 9, 2024

International financial services group Admiral is recruiting a network of UK dealers to boost its car finance business in the UK. Our vision is to build the best Car Finance business in the UK. This story continues at Admiral to set up UK motor finance approved dealership network Or just read more coverage at Motor Trader

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Motor Trader

NOVEMBER 6, 2024

Rochdale-based lender Marsh Finance has signed a deal to adopt iVendi’s new point-of-sale system. Marsh Finance can now share its proposition with dealers across iVendi’s user base. Marsh Finance provides car finance solutions to customers directly and through car finance intermediaries.

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Finance Sales Deal Buyer 105

Auto Express

OCTOBER 22, 2024

Negative equity isn’t usually associated with car finance but it can happen. Here’s everything you need to know…

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Finance 105

Motor Trader

JULY 30, 2024

The motor finance commission review is set to face further regulatory and public scrutiny following the publication of the latest update from the Financial Conduct Authority. This story continues at Public and regulatory scrutiny of motor finance ‘set to grow’ Or just read more coverage at Motor Trader

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Finance Insurance 105

Motor Trader

AUGUST 16, 2024

The Sun newspaper, which is owned by News UK, is gearing up to launch Sun Motors , a car listing and financing platform. Finance compliance is being handled by Nick McDonald & Jon Rix from The Compliance Guys , experts in motor finance compliance. It said it will soon be in touch with dealers to get them on board.

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Finance Management Dealerships Development 104

Motor Trader

JULY 30, 2024

The Financial Conduct Authority is extending the current pause to the time firms must respond to consumers about motor finance complaints involving a discretionary commission arrangement (DCA). The FCA announced a review of motor finance in January and into whether motor finance customers have been overcharged because of the past use of DCAs.

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Motor Trader

OCTOBER 29, 2024

Legal firm MILS has issued guidance to dealers on motor finance Discretionary Commission Claims, a huge issue for the retail sector in the light of the Court of Appeal ruling. Train Your Team: Ensure that your sales and finance teams understand the importance of disclosure and can clearly explain commission structures to customers.

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Finance Banking Retail Customer 98

Carscoops

SEPTEMBER 5, 2024

VW’s finance chief has warned that it only has “one, maybe two years” to turn the main Volkswagen brand around. Arno Antlitz spelled out the serious nature of VW’s situation to workers during a meeting at the firm’s Wolfsburg HQ, telling them sales wouldn’t return to pre-COVID levels.

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Finance Automotive Sales Marketing 131

Carscoops

NOVEMBER 25, 2024

At the same time, Stellantis announced a new financing deal that could tempt power-hungry enthusiasts to get behind the wheel of the new electric muscle car rather than waiting for next summer (or fall) when the ICE-powered version with a turbocharged straight-six engine is expected to reach dealers.

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CarExpert

JUNE 4, 2024

Kia is offering special financing deals on the most expensive models in its electric EV6 range for the end of the financial year. From now until June 30, 2024, certain customers can access a 3.99 per cent per annum comparison rate and a 2.50 per cent per annum effective interest rate on the EV6 GT-Line AWD and GT.

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Motor 1

SEPTEMBER 5, 2024

Chief Finance and Operating Officer Arno Antlitz painted a dire picture of VW Group's future during a meeting with workers in Germany.

Finance 105

Finance 105

Auto Express

JANUARY 9, 2025

Senior content editor Shane Wilkinson explains why it always pays to shop around when it comes to financing your next car

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Finance 81

Auto Express

JANUARY 9, 2025

A huge range of Renaults cars are now available with 0% APR finance over a 24-month period

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Motor Trader

OCTOBER 21, 2024

This story continues at Evolution Funding appoints finance chief for M&A and expansion drive Or just read more coverage at Motor Trader “His expertise in managing complex acquisitions and his experience with private equity make him an ideal fit for our next phase of growth.

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Finance Banking Management Technology 105

Motor Authority

SEPTEMBER 10, 2024

Hoonigan's finances have hit the skids but the company is determined to stay in operation. The automotive entertainment and aftermarket parts business famous for its Gymkhana videos starring Ken Block announced on Monday that it has filed for chapter 11 bankruptcy protection with a court in Delaware. Hoonigan said it has entered into a.

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Finance Automotive 221

Motor Trader

JANUARY 16, 2025

Dealers can expect a challenging year for motor finance in 2025, according to the latest forecast from the Finance & Leasing Association (FLA). Last year motor finance business reached 38.9bn, a similar amount to 2023 but this year could be different with 60% of finance houses not expecting an increase in sales for the year.

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Finance Marketing Sales 59

Motor Trader

JANUARY 15, 2025

KGM dealers are set to offer customers a wider range of finance products with the launch of KGM Financial Services. CA Auto Finance, the UK subsidiary of CA Auto Bank, and KGM have deepened ties to launch KGM Financial Services, offering consumers retail and contract hire finance products, value added products, and wholesale financing.

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Finance Banking Retail Customer 52

Best Selling Cars Blog

MAY 27, 2024

Understand what your car financing options are If it has been a while since you last bought a car under finance, it makes sense to familiarize yourself with the subject. Also find out what the criteria are, for example, whether you need a good credit limit to apply for a certain form of financing or if there is an age limit.

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Carscoops

JANUARY 11, 2025

With the cost of financing skyrocketing, analysts are advising potential buyers to consider alternatives, such as used cars or new EV leases, to keep their budgets in check. in Q4 2023, a small consolation for those financing record-high amounts. New Car Finance Data (Averages) Metric 2024 Q4 2023 Q4 2024 Q3 Loan Term 68.8

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Buyer Down Payment APR Finance 105

Best Selling Cars Blog

JANUARY 28, 2024

Research various insurance providers to find a plan that offers the best coverage for your chosen vehicle, without straining your finances. Deciding on a Budget and Financing Often overlooked, yet of paramount importance in the car purchasing process, is the crucial task of setting a realistic budget and exploring viable financing options.

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Down Payment Finance Insurance Banking 130

3 Brothers Autosale

JUNE 16, 2024

Financing Flexibility If you desperately need a car but don’t have adequate finances to buy one, it is best to seek help from a used car dealer. Used car dealers offer financing options. Some dealers offer in-house financing, while others work with multiple financial institutions to offer various financing plans.

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Carscoops

APRIL 7, 2024

Quarterly New-Car Finance Data Category 2024 Q1 2023 Q1 2023 Q4 Term (months) 68.3 Monthly Payment $735 $730 $739 Amount Financed $40,427 $40,468 $39,977 APR 7.1 ” Quarterly Used-Car Finance Data 2024 Q1 2023 Q1 2023 Q4 Term 69.7 Monthly Payment $546 $551 $561 Amount Financed $27,774 $28,610 $28,643 APR 11.7

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AutoDealer Today

JUNE 4, 2024

Voting is now open for the 20th annual Dealers’ Choice Awards, a program designed to recognize auto dealers’ favorite vendors, suppliers, and finance partners.

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Finance 130

AutoDealer Today

MARCH 1, 2024

Discover the secrets to avoiding costly fines and legal troubles in automotive finance with 'The F&I Forbidden 20.' Your essential guide to F&I Prohibited Practices.

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Finance Automotive 130

Carscoops

JUNE 6, 2024

The $17,500 discount is available for leasing, financing, and buying the hybrid SUV outright. Those happy to purchase an XM outright or finance once through BMW are eligible for a $15,000 discount. The entry-level BMW XM has a 4.4-liter liter twin-turbocharged V8 churning out 644 hp and 590 lb-ft. BMW sold 1,906 XMs in the U.S.

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Finance APR Deal Marketing 119

Auto Express

DECEMBER 2, 2024

A newspaper column and whispers suggest that government-backed cheap EV loans could be coming to stimulate market

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CarExpert

MAY 1, 2024

Ram Trucks Australia is celebrating the milestone, which was reached with the remanufacture of a 1500 Big Horn in Melbourne, by offering a new finance deal. per cent no-deposit finance package. Until the end of June, all Ram 1500 Big Horn models sold and delivered will be offered with a 4.99

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