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There is something I feel guilty about as a broker and that is test drives. Customers need to test drive a car before they take them from me but we are unable, as we used to do years ago, to arrange for a car to be sent to the client from the manufacturer for him to test drive. So the client has to visit a dealer knowing that the car won’t be supplied by him, as we have volume arrangements with specific dealers or the Read more »

Leasing fell dramatically across Europe during 2009 according to Leaseurope, the trade association representing the European leasing and vehicle rental industries. New lease business was down by 28.4% last year compared to 2008, this represented the greatest fall since they started keeping records in 1994. My own view is that much of this was the result of manufacturers diverting money into scrappage whilst Read more »

According to reports by trade valuation guides, Glass’s Guide and CAP, the setting of residual values will become more difficult this year due to future uncertainties. Last year values increased as a result of the scrappage scheme, which removed cars from the system, fewer new cars were registered and more lease cars had their leases extended forcing up used car values in the middle of a recession because supply fell Read more »

Manheim, the large auction house and end of lease vehicle inspectors have identified over £12 million of end of lease damage charges over 90,000 inspections during 2009. 38% of the vehicles that were assessed had damage in excess of the British Vehicle Rental and Leasing Association fair wear and tear guidelines resulting in an average charge of £350 per vehicle, up by 14% on 2008. Some of this was blamed on Read more »

This week I was going to open with an amazingly interesting piece about the Budget and the effect on the motorist and how we are going to have things a little easier than we had thought but that one was pretty much buggered 2 minutes after the Chancellor stood up. We’ve managed to get the fuel duty hike spread over the year and um er, that’s about it really. Oh no I think he mentioned something about Read more »

Whilst we are still having our flabbers gasted how big do you think the joint operation of Hyundai and Kia are? Most people think that production has only just been moved out of the garden shed but in fact the Hyundai-Kia Automotive Group has become the fourth largest global automotive manufacturer, according to the Automotive News Data Centre. In fact the Korean manufacturer has now overtaken Ford as they have seen production drop by 30% in the first half of 2009. With a lot of good feedback these days on Hyundai and Kia product maybe we should take a closer look at them. By Graham Hill

Now here’s a strange fact! When it comes to new cars the most popular colour constantly flips between black and silver with, strangely enough, white coming up on the inside rails. Who ever thought that white would ever make a return as one of the most popular colours for new cars, what next – chocolate brown or possibly beige? Anyway, for years the most popular colour for used cars has apparently been blue, replaced in the first quarter of this year, according to Manheim auctions, by Read more »

Is diesel still best? Research by GE Capital Solutions has shown a return to petrol power as petrol cars become more efficient and some diesel drivers find out, too late, that you have to take action to stop the particulate filter from clogging which, if not done, can lead to the filter requiring replacing at a not inconsiderable cost. In the meantime a clogged filter can lead to Read more »

 Lease cars are better maintained than privately owned cars – fact! Hitachi Capital Vehicle Solutions carried out a check on privately owned cars to see how well maintained they were and shockingly found that 88% were in need of attention. Whilst Hitachi admitted that some faults were somewhat minor there were a significant number that were more serious such as Read more »

Autoglass has warned that many replacement windscreens could have been avoided if drivers acted more quickly when their screens suffered a chip as chips will nearly always become a crack. A straight forward chip repair takes about 20 minutes compared to nearly 2 hours for a replacement screen. The cost of windscreen replacement is rising rapidly due to the complexity of the glass used and the skill and Read more »