NEWS

STOCK shortages mean franchised dealers must scrap long-standing procurement policies says Glass’s. Until now, franchised dealers have typically shied away from cars older than 3 years. Higher-mileage motors have also been a no-no. Those days are gone now though, says Glass’s. Car dealers can’t afford to be so picky, as a dramatic reduction in used [...]

CAP has appointed Chris Crow as chief editor to help improve processes and roll out new and improved products. He boasts 16 years’ experience in the contract hire and leasing industry. This, says CAP, will help him communicate better with one of its chief customers. During this time, he’s been a CAP user himself, and [...]

USED values have dropped to their lowest point in over a year which has led to one car dealer to issue a striking call. Auction4Cars is telling customers that there has never been a better time to buy. This is because used car prices have declined equivalent to a 20 percent fall since the highs [...]

HALF of Britain’s car drivers admit they don’t wash their car for 6 months or more in a surprise new survey. This is leaving the trade-in value of their cars at risk as car dealers mark down prices because of damage. Autoquake carried out the survey – which also showed that while 56 percent of [...]