Dealers need to review customers' payment options carefully to avoid shrinking margins caused by recent changes in payment card charges introduced by the EU, according to audit and tax specialists RSM.
Half of consumers think car finance is too complex and confusing, according to a new survey commissioned by Intelligent Environments.
Finance intermediary Evolution Funding has launched two new company websites to give visitors a better understanding of the scope of its business.
Suzuki, Nissan and Dacia continue to maintain the lowest monthly prices for car finance offers in Q1.
Industry commentators fear combination of sub-prime lending, currency fluctuations and Brexit could prompt a fall in residual values.
DealTrak has partnered with used car finance provider Oodle Finance as part of a deal which will see the Leeds-based business’ clients access a wider range of products and services.
NextGear Capital UK expects to fund a total of 100,000 cars sales in 2017 after a record start to the year saw it fund 8,000 wholesale vehicles for its dealer customers in January alone.
MotoNovo Finance has been recognised in the Sunday Times 100 Best Companies to Work for as the 12th best mid-sized organisation to work for in the UK.
The recent closure of online used car marketplace Beepi.com points to why the dealer model can remain an integral part of car buying for many customers, according to Codeweavers.
There are many areas of motor retail that can be subject to VAT risk and failing to apply the right VAT treatment in these situations can lead to assessments for underpaid VAT and the threat of penalties and interest.
Brokers are set to see a boom in finance business during 2017 according to the results of a survey carried out by Cap HPI.
Strong demand and rising used vehicle volumes drove BCA Partner Finance to a record month, with over 500 units a day being funded throughout January.
New business in the point of sale (POS) consumer car finance market grew 12% by value and 8% by volume in 2016.
Mitsubishi Motors UK has recruited a new head of sales and marketing for its in-house finance operation, Shogun Finance Limited.
MotoNovo Finance has launched its Self-Service finance app, allowing customers to control the financing of their vehicle via a new online app.
Mitsubishi Motors in the UK has launched 0% APR higher purchase and 5.9% APR representative PCP finance offers in a bid to attract buyers to the recently revised model range.
Recently-established Oodle Finance has secured £60 million of investment to help it roll-out a funding solution for customers from the full range of credit profiles.
Industry-recognised metrics are needed to help car dealers measure impact of their online motor finance offering, according to iVendi.
Car finance products have been highlighted as a key driver of profits as 65% of car dealers told a survey by Close Brothers Motor Finance that they expected to achieve growth in 2017.
