All articles by MF Editorial
MF Editorial
Databank: Where are used prices going?
Working in the remarketing industry you swiftly learn that making predictions about used car values is fraught with danger In fact, 2009 has seen average values recover strongly, thanks to a good balance between supply and demand
Motor Finance Round Table: Legislation
Question to Bruce Wood: What are the key pieces of legislation that are affecting the motor industry that you think people should be aware of Bruce Wood: The current government and the next government are keenly interested in consumer protection
Motor Finance Round Table: Changes in customer demographics
Question to James Snow: James, how can the motor finance industry maximise book performance and get maximum return in the current market How are the companies you are working with handling their arrears management and how can motor lenders reduce costs and control arrears within this area
Barclays’ challenge to PoS sales ban partially successful
The Competition Commission (CC)s move to ban the sale of payment protection insurance (PPI) at the point of sale has been successfully challenged – at least in part.
Buying Solutions announces names of five framework fleet providers
The government’s Buying Solutions agency has announced the names of the five fleet providers which have won a place on its new fleet management framework agreement, through which public sector organisations will be able to place orders for leased cars
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Lord Mandelson announces scrappage extension
The business secretary, Lord Mandelson, has announced that the government will extend its popular car and light van scrappage scheme. Speaking at the Labour Party conference today, Lord Mandelson said that funding for an additional 100,000 cars and vans would be released.
Car costs under the spotlight
A survey by fleet management and leasing company Lloyds TSB Autolease has found that while only 37 percent of companies have yet to cut down on employee expenses, 1 in 10 financial decision makers has downsized to a smaller company car.
WhizzGone as car club bought by rival
Car club WhizzGo has been bought by City Car Club for an undisclosed, six-figure sum The move will create the UKs largest network of pay-as-you-go cars, with 500 vehicles in 15 cities.
Customer acceptance of online car sales growing
Online car sales site Autoquake has found that consumers are increasingly willing to buy cars online – without first inspecting them in person.
Welcome FS shuts 30 offices
A reorganisation at Welcome Financial Services will see 30 branches of the subprime lender closed, with around 500 job losses.