All articles by MF Editorial
MF Editorial
Databank: Where are used prices going?
Working in the remarketing industry you swiftly learn that making predictions about used car values is fraught with danger In fact, 2009 has seen average values recover strongly, thanks to a good balance between supply and demand
Motor Finance Round Table: Legislation
Question to Bruce Wood: What are the key pieces of legislation that are affecting the motor industry that you think people should be aware of Bruce Wood: The current government and the next government are keenly interested in consumer protection
Motor Finance Round Table: Changes in customer demographics
Question to James Snow: James, how can the motor finance industry maximise book performance and get maximum return in the current market How are the companies you are working with handling their arrears management and how can motor lenders reduce costs and control arrears within this area
Barclays’ challenge to PoS sales ban partially successful
The Competition Commission (CC)s move to ban the sale of payment protection insurance (PPI) at the point of sale has been successfully challenged – at least in part.
Buying Solutions announces names of five framework fleet providers
The government’s Buying Solutions agency has announced the names of the five fleet providers which have won a place on its new fleet management framework agreement, through which public sector organisations will be able to place orders for leased cars
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Lord Mandelson announces scrappage extension
The business secretary, Lord Mandelson, has announced that the government will extend its popular car and light van scrappage scheme. Speaking at the Labour Party conference today, Lord Mandelson said that funding for an additional 100,000 cars and vans would be released.
Inchcape adds Toyota FS to funding panel
UK vehicle leasing and management company Inchcape Fleet Solutions (IFS) has added Toyota Financial Services (TFS) to its funding panel, the company has announced The independent leasing company which has a fleet in excess of 53,000 cars and vans funds its contract hire fleet through a panel of different lenders.
BCA up for sale?
The UKs largest vehicle auction company, British Car Auctions (BCA), is up for sale Its owner Montagu Private Equity is reportedly seeking £600 million for the business, which sells over 800,000 vehicles a year.
Media urges consumers to claim PPI refunds
Providers of payment protection insurance (PPI) should beware a new wave of consumer claims, after the media launched another broadside against the product.
Car costs under the spotlight
A survey by fleet management and leasing company Lloyds TSB Autolease has found that while only 37 percent of companies have yet to cut down on employee expenses, 1 in 10 financial decision makers has downsized to a smaller company car.