Friday, 21. August 2009
Thinking of taking a used car next time? Over 8 million drivers do each year. The reasons for moving from a new car to a used car vary, maybe you’ve lost your company car through redundancy or a cash for car scheme or maybe you have seen the low prices that 2 and 3 year old cars have fallen to and would look to save some money, but after a friend of mine lost his Renault Megane for nearly two days in order to have his clutch replaced it reminded me that we are living in a throwaway society. Things don’t Read more »
Wednesday, 19. August 2009
With more cars being fitted with air conditioning it is worth remembering that it comes at a cost. When trundling along the motorway it can cost up to 10% more in fuel usage and sitting in a traffic jam this can rise to 20% so it makes sense not to drive around with the air conditioning on for the sake of it and certainly don’t, as a friend did a few days ago, Read more »
Tuesday, 18. August 2009
One of the things that makes a car look really ‘scruffy’ is a badly scratched or scuffed alloy wheel and yet it is so easy to damage but just as easy to repair. There are a number of companies that will offer a local service. They will call round and either fix the wheel(s) at the roadside or take the car away and bring it back later with the wheel(s) looking like new. This is quite useful to know because if you return a lease car Read more »
Tuesday, 18. August 2009
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 »
Sunday, 16. August 2009
Whilst there are a few vague signs coming out of Germany, France and Japan that we may be moving out of the world recession we have no such signs in the UK and whilst people are still being made redundant and reducing work hours there are fears that the UK roads are becoming more dangerous as drivers avoid service and repair costs. One of the biggest dangers lies with Read more »
Sunday, 9. August 2009
What Car have reminded us of the dangers of using a phone whilst driving. They have estimated that around 100,000 drivers are risking their lives and prosecution, at any point in time, by using a hand-held mobile phone whilst driving. The original laws introduced in 2003 were beefed up in 2007 to guarantee you 3 points on your licence and a £60 fine if caught using a mobile phone whilst driving (which means the engine is running even though you may not be moving). As What Car points out, even with hands free kits Read more »
Saturday, 8. August 2009
Still no money for motor finance. Back in March of this year the Automotive Assistance Programme (AAP) approved £2.3 billion of support to help, as ministers predicted, up to 100 companies through the crisis. To date not a penny has been paid out whilst those responsible for the pathetic scrappage scheme pat each other on the back. The provision of cheap wholesale money to lenders would get people back into new cars. In America, where they have similar problems and have staff looking into chat rooms and tweeting each other, it has been found Read more »
Thursday, 6. August 2009
The number of dealerships in the UK is dropping, as one would expect in a recession. The number of franchised dealerships 10 years ago stood at 6,139 but has now dropped to 5,077, a 17% loss. For those that are still trading this of course isn’t all bad news because it has meant that they have increased their average sales across all franchises from 442 in 1999 to the current level of 502. Less than 10 new cars per week per franchised dealer, that doesn’t seem a lot does it? By Graham Hill
Friday, 31. July 2009
Sorry about this but it all seems like bad news this week. Manheim DeFleet, the defleeting arm of the major auction house, has reported that average end of lease refurbishment charges have increased from £265 a year ago to £290 this year. As they explain contract hire companies see damage recovery as a mainstream activity. A few years ago they would budget to collect around 35% of all charges whereas these days they look to collect around 70%. David Mercer of Manheim DeFleet Services said Read more »
Thursday, 30. July 2009
There are now some wide fluctuations in monthly contract hire rentals as many factors come into play. Amid fears that the industry is predicting the collapse of one of the major contract hire companies before the end of the year and possibly the loss of a few smaller ones, the industry is in a mess with rates all over the place. It isn’t uncommon for rates to have a spread of £50 + VAT per month between the cheapest and most expensive rates on the same car. Fleet Operations have found that in the case of a Ford Focus the spread was Read more »