Analysis
– As predicted last month, the stated RVs have remained relatively unchanged, if anything showing a fall of around 1% on average.
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– Due to weak demand and poor supplies, with no immediate sign of an improving economy, these should remain relatively static.
– During September and October, dealers should use PCP to promote their part exchanges, ex-demos andpre-registered vehicles, making them more affordable to attract both existing and new customers.
– The product can improve workshop traffic if it’s sold with maintenance, as well as customer retention if used correctly.
Nigel Hawkins, Jigsaw Finance
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By GlobalData
