New finance package for used cars
The shift to online finance does not meet the needs of every car buyer; especially those who may need an extra level of assistance and not every dealer is comfortable talking about finance.
The shift to online finance does not meet the needs of every car buyer; especially those who may need an extra level of assistance and not every dealer is comfortable talking about finance.
Via new app, BMW customers can amend contact details, select a different monthly payment date, make partial early repayments, request a settlement figure and find out what happens at the end of their contract.
Finance penetration rose 10% against December 2017 and GAP sales rose 1.5% on used vehicles while paint sales rose 0.5% over the same period.
An independent national research study of 1,200 UK drivers conducted by Select Car Leasing shows 66% of motorists believe top-of-the-range cars like Audi, Mercedes and BMW are no longer affordable to buy outright.
The formation of a new ExCo and management team provides clearer lines of responsibility and experienced team will take on newly-created roles.
Figures from the Finance and Leasing Association (FLA) show that the value of new business grew by 5% over the same period.
Former H R Owen executive to dedicated team of 40 as the business invests for planned growth. It is also recruiting for a wide range of technical and development roles as it expands its online platform.
Penetration of PCP in the used sector still trails new cars by some distance, so that there remains potential for very worthwhile growth.
New digital solution has been created with significant investment in new IT platforms, system configurations and the customer experience.
High-end vehicle finance provider lends most frequently on Range Rover and Porsche models in the run up to Christmas, with Mercedes-Benz, Audi and Ferrar rounding off the top-five most popular marques.