Three top UK dealer groups have been awarded
‘approved’ status in the FLA’s Specialist Automotive Finance (SAF)
competence test scheme in the past month: Arnold Clark, Marshall
and Rybrook.
With Jardine Motors also expected to be
accredited by the end of July, 22 of the UK’s 30 largest dealer
networks will be able to display the SAF kitemark in showrooms.
Go deeper with GlobalData
While negotiations are continuing to get the
remaining top networks on board, Motor Finance understands
that the FLA is also seeking to get more mid-sized retailers
involved.
Currently, well over a third of the UK’s top
100 dealers are accredited, though this figure is expected to rise
as an increasing majority of market leaders lead the way by putting
staff through the SAF examinations.
Of the newly accredited dealer groups,
Marshall has been possibly the most enthusiastic adopter, going
from entrance to the scheme, to full accreditation of more than 300
sales staff, in just eight weeks.
Jonathan Holdcroft, the FLA’s SAF policy and
communications adviser, said: “Marshall was keen to become
SAF-approved because it saw that it would give its staff an edge in
learning about regulation and the technicalities of motor finance
products. More than that though, it was reassured by the support
that was on offer from the FLA and the recognition that
SAF-approval is gaining amongst the car-buying public.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
