February 10, 2012

Quentin trouble at the BBC

I’d like to get one thing straight first off, MTI quite likes Quentin Willson. I won’t go as far as to say we’re best mates with him but some of our “people” met him (even though Quentin didn’t actually realise it) at the recent Automotive Management Used Car Conference at The Birmingham Motorcycle Museum and found him to be a … [Read more...]

2009 and the year ahead

As 2009 draws to a close and we reflect on a tumultuous year it’s fair to say the ups and downs have been quite staggering. What, at the start of the year, was predicted to be the very worst of years, for many car dealers and some up and coming car makers (Kia, Hyundai etc) has actually been pretty good. As we look back on some of MTI's … [Read more...]

Pre-budget report 2009 motoring round-up

VAT As we know VAT will return to 17.5% as from 01 January 2010 and this will obviously impact on buyers of new (and some used) cars from the start of next year. Fuel Duty As already announced by the Chancellor in his 2009 Budget, fuel duty will continue to rise by 1p a litre above inflation each year from 2010 to 2013. Vehicle Excise … [Read more...]

VAT conundrum means it’s better to buy now

Another good reason for buyers to do a deal and buy a car this side of Christmas is that not only will they pay less VAT but the dealer will pay less VAT on his profit. This means he gets to keep more of it. In the new year the retailing of what the trade call “qualifying” used cars, which will usually be ex-company, leasing or rental cars … [Read more...]

Buying a new car? Better strike while the iron is hot!

As car dealers look to re-align the prices on their used car stock, they have to be mindful of reacting to the market too quickly. In other words, just because there seem to be fewer enquiries and the overall feel of the market has changed dealers shouldn’t think that by distress selling older cars they will not have to pay more in a few weeks … [Read more...]

DVLA launch new 0300 car tax line

DVLA has launched a new memorable 0300 telephone line for motorists to tax their vehicles. The new number, 0300 1234 321, is available 24 hours a day, 7 days a week and takes less than 4 minutes to use. The service automatically checks that correct insurance and MOT documents are in place. The popularity of the environmentally-friendly phone and … [Read more...]

HPI joins forces with Police over car cloning

Vehicle information expert, HPI, supports calls this week from the Association of Chief Police Officers (ACPO) to increase the amount of available data that can be used to clamp down on car cloning. Cloning is the vehicle equivalent of identity fraud where the stolen vehicle is illegally disguised as a similar vehicle already on the road. HPI … [Read more...]

‘One in five’ young drivers uninsured

A fifth of young drivers are on the roads without car insurance, a new report from the Motor Insurance Bureau has revealed today. The report finds that around 243,000 young drivers are uninsured. A far greater proportion of young drivers are uninsured compared to the average driver, which is one in 20. Given that young drivers are more … [Read more...]

The careful seduction of the monthly payment

At the same time as used car prices have been on the rise (especially on the wholesale market) margins have been shrinking and it has been the task of the business manager to try and maximise profitability on every … [Read more...]

Car insurance and the recently passed driver

As a young driver it can be difficult securing cheap car insurance. To help with this we have created a guide which may help you with the process. If you’re a teenage driver who has just passed your practical driving test, chances are you can’t wait to get behind the wheel on your own. However, there is still one roadblock to pass – securing … [Read more...]

Drivers “don’t trust” road taxes

Motoring taxes have been handled so badly that drivers no longer trust what ministers say the charges pay for, an MPs' report says. Inconsistency over justification for green taxes "tarnished their image", according to the transport committee. … [Read more...]

Cheap car insurance – but at what cost?

With the recession hitting hard, motorists in the UK are trying to save money. With rising fuel prices, expensive road tax and maintenance costs, it is possible to save by cutting back your car insurance – but doing so could have far reaching implications for safety and finances in the event of an accident. Fortunately, while UK motorists … [Read more...]

Is it possible to get carbon neutral car insurance?

If you are one of the increasing number of people who are seriously concerned about the environment and the effect we are having on the global climate, driving a car can pose something of a dilemma. Even with the most eco-friendly model, driven as carefully as possible, you still produce quite a hefty dose of carbon dioxide into the atmosphere. … [Read more...]

London Mayor urged to look again at congestion charge policy

Mayor of London, Boris Johnson is being challenged by Volvo UK to review the basis of charging for the London Congestion Charging zone. The people at Volvo believe the principle of hybrid cars being … [Read more...]

DVLA 5 days grace on tax disc – who wants to put it to the test?

After years of telling people that failing to display a valid tax disc will make them liable for a fine, it seems that if you order your tax disc online and provided you do so before the old one expires you can, in fact, drive your car legally … [Read more...]

Saying goodbye to company car insurance

With the current economic climate, many people will have found company benefits such as company cars severely cut back, while many more have been made redundant and currently face having no vehicle … [Read more...]

Motor Trade Apprentice

Welcome to “The Motor Trade Apprentice”. Sir Alan sets a task for our young apprentices; they are given £100,000 to spend on 10 used cars across the whole range of subtypes and the challenge is they have … [Read more...]

Car dealers and customer service – are the lessons being learnt?

customer-survey

Following a recent survey by Which? it appears that although there have been vast improvements in the sales process resulting in a much better experience for customers in after-sales, some dealers still aren’t getting … [Read more...]

Solent Motors go bust

Private car dealer group Solent Motors based on the south coast are the latest company to collapse with the loss of 100 jobs. The multi franchise group which includes Citroën and, Mazda … [Read more...]

Teens driving us up the wall (and themselves down the cinema)

teens-driving

Last Sunday our daughter turned seventeen, we knew it was coming, we knew she would no longer want cheesy "Happy Birthday" songs, or fluffy animals, or a pink Princess cake, or balloon parties, for us she would always be about five! … [Read more...]

Car tax hikes delayed but petrol duty up

Car tax hikes delayed in the Pre-Budget Report, but motorists will not benefit from the VAT cut as petrol duty is raised by 2p. Chancellor Alistair Darling said that a wider range of car tax bands reflecting fuel efficiency would still be introduced, but all rates would go up by a maximum of just £5 next year. … [Read more...]

Government u-turn on car tax

Hot on the tails of our article about the car business in this country needing a bit of help from the government comes the news today that the Government’s plan to increase vehicle duty appears to have been delayed for a year. "Changes in the budget meant from next year all cars which had been on the road since 2001 would face above inflation … [Read more...]

Dealers out of pocket from January

An important piece of new legislation regarding tax refunds is coming into effect in January 09. Only the registered keeper (the name on the log book) or last recorded keeper of a vehicle will be entitled to claim a Road Fund Licence (RFL) refund. … [Read more...]

It’s a changing landscape for car sales

buying new cars - a changing landscape

“It’s tough out there” is probably the understatement of the year and by the time you read this yet more car dealerships will have gone under. It is predicted that in the not too distant future there will be far fewer dealers anyway as manufacturers continue to impose … [Read more...]

Is that car a write-off?

car insurance write-off

As used car values tumble and the credit crunch bites, buyers need to be aware of the term 'Insurance write-off' as recent reports suggest a significant rise in vehicle write-offs in the last 5-10 years which will only continue to grow in current conditions. … [Read more...]