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The storm before the lull

November 15, 2010 By
storm-before-lull

The storm before the lull is how one of our car dealer colleagues describes what is happening at present. He suggests that the rise in showroom traffic and unseasonably high sales order take is basically down to squeezing the last bit of goodness from the success story of last two years. With all the offers about and the hype surrounding the VAT … [Read more...]

Filed Under: Blog, Consumer Tagged With: car sales, customer service, economy, motor trade recession, new car buying, new car sales, vat increase, vat new cars

Which way will the used car market go?

October 8, 2010 By

The trade is holding its breath at present to see which way the used car market will go. Will supply outstrip demand and put downward pressure on values? Will there be the traditional January rush for stock after the usual end of year de-fleets or will the VAT issue attract buyers into making earlier purchasing decisions and will there be enough … [Read more...]

Filed Under: Blog, Consumer Tagged With: car sales, Featured, motor trade recession, Used car, Used car buying, used car prices, used cars, vat increase, vat new cars

Swings and roundabouts for new car buyers when it comes to the VAT rise

September 29, 2010 By

Buyers are worried that they will have to pay the extra 2.5 % VAT on their new car even though they ordered them this year while the rate is still at 17.5%. The extended lead times currently being experienced with many car manufacturers is creating nervousness amongst customers and franchised dealers, who can certainly do without the negative … [Read more...]

Filed Under: Blog, Consumer, Manufacturers, Tax & Insurance Tagged With: car manufacturers, car sales, Featured, new car buying, new car registration, new car sales, vat increase, vat new cars

VAT’ll do nicely!

July 15, 2010 By

It is widely believed that the increase in VAT from January 11th will stimulate new car sales in the second half of 2010 and that the industry will welcome an increase in sales during the traditionally quieter periods. However some believe that car buyers will merely be bringing forward their purchase decision leaving a hole in the overall … [Read more...]

Filed Under: Blog, Consumer, Manufacturers, Scrappage, Tax & Insurance Tagged With: car manufacturers, car sales, economy, Featured, motor trade recession, new car buying, Scrappage, vat increase, vat new cars

20% rise in VAT could make a tough year even worse

May 25, 2010 By
20percent

The question of VAT rising to 20% is maybe not one of “if” but more like “when?” and according to commentators within the trade the timing of this announcement could have far reaching consequences for the motor trade. For example it may be that if the rise were to come into effect immediately, which seems unlikely given that all the … [Read more...]

Filed Under: Blog, Consumer Tagged With: car sales, economy, motor trade recession, profit, used car selling, vat increase, vat new cars

Dealers looking beyond the scrappage scheme

November 30, 2009 By

We’re probably not the first to report it but the scrappage scheme juggernaut definitely appears to be slowing down. This somewhat unpalatable fact, coupled with dealers' nervousness about being able to supply a car in time, is leading them to consider other ways of incentivising their potential customers into buying cars. There is no … [Read more...]

Filed Under: Blog, Consumer, Scrappage Tagged With: car scrappage uk beyond march, Featured, kia, looking for scrap garage for range rover car, new car buying, Scrappage, Used car, Used car buying, used car prices, vat new cars, what happens to the dealers trade in cars

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

November 13, 2009 By

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...]

Filed Under: Blog, Consumer, Manufacturers, Tax & Insurance Tagged With: 20% vat, buying a new car, car manufacturers, car sales, car tax, Featured, new car buying, Scrappage, showroom tax, Used car, vat new cars, vat reduction

Skoda is scrapping VAT on Octavias

December 19, 2008 By

Skoda is scrapping VAT on Octavias during December off the back of the Government’s VAT cut to 15%. The deal applies to the L and K models, 4x4 Scout and vRS. It applies to the list price, options and delivery, meaning savings of up to £3,000 a car. … [Read more...]

Filed Under: Consumer, Manufacturers, News Tagged With: motor trade recession, new car buying, skoda, vat new cars, volkswagen, vw