May 18, 2013

Selling cars is no laughing matter

I was having a pint with an old colleague who 'made his money and got out' and we were chewing the fat about the good old days where you could actually have a laugh whilst doing your job. He was commenting on the fact that today’s “modern salesperson” might not even go for a drink after work and discuss the days play if you like, and where, … [Read more...]

Don’t give them any ammunition

At Motor Trade Insider we continually make the effort to keep our readership up to date and in tune with the issues we believe are important but also interesting and pertinent. It can at times be frustrating not being able to identify names to protect the innocent or to be more precise the insiders who supply us information, but it also helps when … [Read more...]

Four thousand reasons not to buy the wrong car

On Motor Trade Insider, as regular readers will have noticed, we have a firm belief in what some may regard as a utopian vision; car buyers buying the right car at the right price from the right dealer. The other side of that particular mission statement is that for providing great cars followed by a first class service car dealers are rewarded … [Read more...]

Blogging for the UK Automotive industry takes on a new dimension

For car dealers, merely having a presence on the internet is no longer enough to drive forward the growth of their business Leading Automotive Industry blog Motor-Trade-Insider.com has highlighted how far the UK Automotive Industry is behind the US in the utilization of the internet to drive sales. According to industry experts less than 10 … [Read more...]

Meltdown at the dealership

In the motor trade we often encounter situations which test our resolve and patience to the maximum and may even make us question why we continue to work in this mad business. Of course there are customers we never forget and dramas we try not to remember, but a lot of the dilemmas are also self inflicted as this true story surely indicates. We … [Read more...]

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 … [Read more...]

Business is brisk as car buyers emerge from the cold

At last we are getting reports that trade is becoming brisk again, deals are being done and buyers, fed up with talking about the cold, are finding comfort in the warm inviting showrooms where the nice people there talk to them about cars. Interestingly many dealers are telling us that the business is being spread over the course of the week, … [Read more...]

Pictures sell motor cars. Fact

A simple statement of fact; quality of service and marketing will only improve if car dealers are to remain solvent in theses trying times. We here at Motor Trade Insider agree wholeheartedly with the sentiment and would probably take it a stage further. For instance when we look at the internet as a marketing tool, car dealer websites have … [Read more...]

Oversell the add-ons and something is going to crack

We often highlight at Motor Trade Insider the fact that the actual selling of a car is only a very small part of how the modern car dealer attempts to gain a profit and apart from the aftersales route and traditional finance packages there are now masses of products which can be sold as 'bolt ons' but which can easily make the whole transaction … [Read more...]

Take your friend in the trade with you to the showroom

cbcs

Buying a car in today’s seemingly ever-changing and fast paced world is certainly more complicated than it ever has been. The truth is the buyer has far more decisions to make during the buying process and is faced with far more choice than ever before. Only a few short years ago anyone wanting to buy a car was really at the mercy of professional … [Read more...]

Motor Trade Insider Franchised Main Dealer Survey 2009

The 2009 Motor Trade Insider Main Dealer Survey is, we believe, the first independent test of its kind. Carried out over the last twelve months we are about to reveal the best performing manufacturer-franchised main dealers in the UK. From dealer location to staff professionalism, both the sales and service departments have been scrutinised by the … [Read more...]

The destination is certain but the route might still be unclear

The Motor Trade Insider tentacles stretch far and wide and in the coming months we hope to widen that influence even further in order that our reports, from all areas of the front line, continue to keep our readers up to date with events in the rapidly changing and constantly moving world of cars. At the eagerly anticipated Automotive … [Read more...]

The Motor Trade Insider Supercar Top 10

My first taste of a supercar was travelling to Leicester Squares' Athena poster store aged ten. I'd spend ages picking through the rack of exotica checking off the poster number with the rolled up copies in the shelf below. The very first bedroom poster to don my wall was a white Lamborghini Countach, not a naked woman. Although Athena offered many … [Read more...]

Motor Trade Insider reporting from the front-line

Adrian Rushmore, managing editor of industry valuation guide Glasses, states, in a recent press release, that “used car activity is slowing and dealers have now acclimatised to recessionary times.” … [Read more...]

The road back to new cars

As we have been regularly pointing out on Motor Trade Insider, the gap between new and nearly new, in terms of retail price, has spent most of 2009 closing like a lift door, slowly but surely. There has certainly been … [Read more...]

State of independence

What is the state of play in the world of the independent car dealer? Motor Trade Insider puts some feelers out and discovers that business, for some, is certainly improving but, as ever, it’s the old fashioned values … [Read more...]

Don’t be undersold on part-exchange value

With the scrappage scheme having the potential to confuse valuations of certain cars, customers face having their trade-ins undervalued if they’re not on their toes when negotiating a deal in a franchised dealers showroom. … [Read more...]

On the inside reporting the good, the bad and the ugly

At Motor Trade Insider we have a clearly defined mission statement which states our desire to be a link between all aspects of the car business and the people who support that business, the customer. We also aim to be a barometer of the climate in new and used car sales. With the current situation as fluid as it is, we believe that revealing … [Read more...]

MTI’s top iconic cars

It's the weekend, the sun is shining and spring has sprung. What better time to get the tarps off the classic motor, get it out of the garage and get out and about just for the pure pleasure of driving. It may not be environmentally friendly but, who knows we may not be able to enjoy these freedoms for too much longer. And what about those of us … [Read more...]

Follow MTI on Twitter

Motor Trade Insider can now be followed via Twitter. Twitter is a social networking and micro-blogging service that enables its users to send and read other users' updates known as "tweets". Tweets are text-based posts … [Read more...]

15 reasons people buy the wrong car

Mr Smith visits his local Mercedes dealer. He knows he wants a new car and other than the fact that he’s pretty sure he wants a Mercedes he hasn’t done any other research. So he enters the Mercedes showroom and the following happens: Mr Smith is immediately approached by a salesman (let’s call him “Andy”). He’s offered a coffee and … [Read more...]

Top 10 inappropriate cars for very old people

Last weekend I was sitting at the traffic lights, in my Honda Civic Hybrid minding my own business when I noticed out of the corner of my eye a gigantic Hummer H2 heave into view and pull up alongside me. Nothing too much out of the ordinary there I suppose, apart from the fact that you perhaps don’t see too many of them on the UK roads, except … [Read more...]

Car sales utopia – here’s to the future

Let’s see where we are in the New Year, with dealerships closing down daily (we have heard of at least 20 more earmarked for closure in early 09) who will negotiate their way out of this recession best? Who will emerge strongest? … [Read more...]

Phenomenal value will bring the buyers back

We all know those immortal words at the beginning of the "Star Wars" film, "Once upon a time in a galaxy far far away"................ well that just about sums up the feeling in showrooms up and down the country at present. … [Read more...]

Inside the car auction – dealer part-exchanges

In the last article in this series we talked about the lease/company car section of the auction halls, to continue on our trade tour inside the car auction we’re going to explore what’s going on in other areas. We’ll be leaving the rows of clean and prepared lease cars and heading towards the main dealer part exchanges. … [Read more...]


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