Most of your customers visit your website and go on to buy cars using finance – make their journey as easy as possible.
FCA scrutiny of car dealers' commission on F&I products will happen “quicker than we think”, according to Barclays Partner Finance managing director Mike Britton.
Frontline Solutions managing director Martin Hill has announced the rebranding of the business as DealTrak as part of an expansion phase which will see it move into a larger headquarters in Leeds city centre.
Finance companies have adapted well to enhanced legislation, but say they are working hard to anticipate future changes to the industry.
An independent used car dealership has had its consumer credit permissions withdrawn by the Financial Conduct Authority.
Car-buyers increasingly expect a seamless online-to-showroom experience, including the opportunity to organise finance options.
New business in the point-of-sale consumer new car finance market grew 9% by value and 5% by volume in August, compared with the same month last year.
The target-driven used car salesmen of yesteryear are being replaced by dealership ambassadors, who ‘consult’ with their customers rather than ‘closing’ them.
A third of dealers are leaving their business exposed to online finance brokers by not offering motor finance on their website.
The Financial Conduct Authority (FCA) marks six months since the start of the Senior Managers’ and Certification Regime by proposing ways to strengthen it.
Close Brothers Motor Finance has expanded its Scottish team with the appointment of seven new members of staff.
BMW Financial Services has added another insurance solution, Excess Protection Insurance, to its suite of motor insurance products.
F&I systems provider Frontline Solutions has appointed Christian Ingrey and Steve Lees to senior roles.
Finance software specialist Codeweavers is celebrating is most successful month ever after introducing its systems into 51 dealer websites in August.
Motor finance provider Moneyway has strengthened its team with the appointment of Stewart Cox as commercial director.
The results of Paragon’s latest Car Finance Headlight Survey show that 62% of brokers have experienced growth in used car applications as 48% highlighted growth in new during H1, 2016.
Dealers should consider pricing non-prime motor finance lower in order to win more business and question whether deals which demand high APR should be done, says Startline Motor Finance.
Finance providers should be offering short-term motor finance products available to EU nationals in the UK to prevent Brexit uncertainty from hampering new car sales, according to Buyacar.co.uk.
Auto Service Finance (ASF), an interest free payment plan aimed at the aftersales market, has rolled out at its 320th dealership in the UK.
An ever increasing number of used car buyers are moving towards mobile devices to access dealer web, according to new figures from iVendi.
