While watched by the Financial Conduct Authority, finance and insurance still delivers welcome profit for car dealers. Debbie Kirlew reports
The RAC Dealer Network wants to recruit an additional 200 used car dealer partners in the first half of 2022.
Car buyers are more likely to recommend dealers that offer add-ons than those that do not, according to a new study by JudgeService.
Lloyds has partnered with Zoom EV to offer discounted charging and accident management services to new electric vehicle (EV) buyers.
WMS Group has consolidated, re-developed and re-branded its warranty products under a new Safe & Sound brand.
Honcho has partnered with SilverBullet to provide insurance services as part of the online car buying journey.
Nissan, Peugeot and Citroen dealer group Trenton is offering Tracker devices to it’s customers as an add-on sale, as part of a new partnership.
Only one in five car buyers understand the extra cover they get from insurance add-ons, despite the average driver paying for two additional services.
Used car buyers are increasingly choosing to buy longer warranties when buying cars from independent dealers, finds the RAC.
Used car retailers experienced a 12.2% year-on-year rise in sales and 10% rise in finance penetration during December, according to Dealerweb.
A new dealer-to-home car delivery service launching in the Midlands claims to offer dealers a free service to deliver cars to buyers.
A new range of four short animated videos about add-on products has been created by iVendi in an effort to support car dealers' online sales efforts.
Land Rover is providing extra upsell opportunities for dealers by offering a range of pet-friendly option packs.
Volvo has introduced a new Polestar-developed software upgrade, available through dealerships, that pushes more power to the rear wheels of all-wheel drive (AWD) models.
Buyers of new Porsches spend an average of £7,121 on optional extras, the highest in the market according to Cap HPI.
A new survey has revealed that a third of car buyers exceeded their budget in order to include add-ons and optional extras.
New car add-on product providers and dealer partners need to embrace digital including e-commerce as part of the sales process.
Mazda has launched a new range of dealer order accessory packs for the CX-3 and CX-5 SUVs, allowing for even easier add-on sales for its new models.
Drive Vauxhall has credited training provided by EMaC for playing “a key role” in the success of its service plan sales success after seeing 200% growth in two years.
Nissan retailers are reporting higher-than-expected demand for personalisation options on the all-new Nissan Micra.