Small cars, hot cakes and predictions

Small cars, hot cakes and predictions

There is cautious optimism in the car business at present and it is continuing to be well founded. Wholesale prices are stable and are expected to climb, conversions at the auctions are generally in the high 90% and values continue to rise and long may it continue.

Of course as we all know making predictions with regard to car retailing, or most other businesses for that matter, remains a bit of a hit and miss strategy. You only need to look at house prices which, after a year of quite steady but small rises, apparently are in decline again. I don’t remember anyone predicting that.

With showroom tax about to be foisted on new car buyers and price rises already hurting, customers looking forwards to nabbing a bargain in the used car sector may need to be patient, take a considered approach and do plenty of research before deciding which way to go. (more…)

Car dealers striving for comparison with major high street retailers on customer excellence

Car dealers striving for comparison with major high street retailers on customer excellence

In the coming months it will become even more vital for car businesses to meet the expectations of their existing and prospective customers.

Most dealers have begun to realise that as competition for customer’s heats up it’s not just about having the best and most sought after products which is important. Along with price, getting value from the buying experience will be critical in the decision making process for customers.

Never before have they been offered such choice and as the car makers from the Far East begin to really understand what makes buyers tick, buyers are increasingly prepared to take time to compare multiple models when choosing their next car. (more…)

Motor Industry News

About MTI

Motor Trade Insider
Our aims:
Build a bridge between consumers and the trade.

Create Interesting and informative content.

Break down barriers and create better understanding.

Expose bad practices and rip-offs.

Promote outstanding products and services.

Motor Trade Insider is written by people working actively in the motor trade for people on the inside and people on the outside.

Motor Trade Insider – Your Friend in the Trade. New Car Buying, Used Car Buying, Used Car Prices, Used Car Values UK. Car buying guide whether you’re buying a new car or interested in used cars or just general info and advice on the motor trade.

Valid CSS!

Valid XHTML 1.0 Transitional

[Valid RSS]

Bargain of the Week

Bargain of the Week – Buying a Supercar – part one

Bargain of the Week – Buying a Supercar – part one

OK, here's the scenario. Nine friends all want to own supercars. Nine friends can't afford to buy a supercar. Late in the summer of 2009 ...

Bargain of the Week – Mini Cooper

A guy was talking to me the other day and asked my advice, which can be dangerous, about what car to buy next. He was ...

Bargain of the Week – Porsche Cayenne S

With the snowy weather causing its usual spate of mayhem this month, unsurprisingly 4x4's seem to be the preference at the moment. Funny that. Speaking ...

Scrappage

Scrappage scheme ends, hard work begins

Scrappage scheme ends, hard work begins

March is obviously a busy month for franchised car dealers, and perhaps carries more significance this year given that it coincides with the end of ...

Car Makers Premier League – February 2010

It’s time once again for the Car Makers Premier League where each month we take a look at the top 20 manufacturers in terms of ...

Scrappage scheme enters final stage

The final phase of the Government's scrappage scheme began yesterday (Wednesday 24th February). Car manufacturers have been allocated shares of about 50,000 potential further orders based ...