All articles by Richard Irvine-Brown

Richard Irvine-Brown

£4.8m of recoveries in April – CrushWatch

Vehicles worth a total of £4,791,995 were recovered in April under the Finance & Leasing Association Vehicle Recovery Scheme, almost double the value of April the previous year.

Used car values’ quarterly high, Q1 2013 – BCA

Following five months of used car prices at auction averaging above £7,000, including a record monthly high in December 2012, British Car Auctions has reported a record quarterly high for average used car price performance for the opening three months of 2013.

UK dealer network shrink below European average

The number of main dealer sales networks declined by 3% across Western Europe in 2012 according to the latest edition of the European Car Distribution Handbook from Solihull-based motor research organisation ICDP.

Quotevine to manage BFC subprime book

Online car retailer and finance provider Berkshire Fiesta Centres has outsourced technological management of its growing subprime portfolio to car finance IT firm Quotevine.

Dealer sees PCP rise since using iVendi software

Staffordshire-based car supermarket The Motorhouse has reported a “noticeable” rise in PCP in its first month using credit pre-qualifying system Car Finance Checker from iVendi.

carfinance247 sees 6.8% rise in used prices

The average value of used car purchases through online car retailer, lender and broker carfinance247.co.uk has increased 6.8% from October 2012 to March 2013.

Ovenden moves to Kia as sales director

Kia Motors (UK) has appointed David Ovenden as sales director, responsible for the brand’s franchised retail network including consumer, fleet, new and used cars.

Black Horse to finance Jaguar Land Rover in 2014

Jaguar Land Rover has entered a five-year agreement with Black Horse, the car finance operation of Lloyds Banking Group, to provide UK wholesale and retail funding from February 2014.

Equifax adds ID check to credit report or score

Credit reference agency Equifax has made its ID monitoring product WebDetect available for free with a credit report or credit score from the company.

CAP warns used values dropping

Vehicle valuation provider CAP has warned recent high prices for used vehicles are on the decline following an increase in vehicle stock availability.