DRIVERS are reconsidering their car ownership and usage according to data from Leasing.com, with fewer miles covered and lower running costs shifting opinions towards electric vehicles (EVs). The UK’s largest leasing deal aggregator site has published its enquiry data for H1 2021 which reveals trends reflecting the UK’s current economic and social situation. Petrol may remain the dominant fuel for the first…
AUXILLIAS, a specialist consumer credit, regulatory and compliance law firm, has launched a White Paper that could be useful to brokers wanting additional guidance on FCA requirements. Called FCA Vulnerability Guidance, the White Paper provides a useful summary of the FCA’s advice in protecting vulnerable customers, a topic of particular importance with the impact of COVID-19. “The FCA requires firms to understand…
TESLA plans to make its Supercharger network available to all electric vehicle drivers later this year, after CEO Elon Musk revealed the company’s aims on Twitter. With more than 25,000 Supercharger points worldwide, all of which offer ultra-rapid charging speeds and cross-country travel, the network is a strategic one and often a benefit for Tesla drivers. Until now, only drivers of Tesla…
VAN brokers specialising in the sports-oriented Ford MS-RT models will welcome the announcement that the Ford Pro commercial vehicles conversion partner will expand with a new facility within the Ford Dagenham site. MS-RT is establishing a £4 million facility within Ford Dagenham, which is intended to strengthen what is already a close relationship. With easier access to Ford’s technical expertise at Dagenham…
RAMS FM’s distinctive yellow and black fleet has turned green – thanks to Bristolian-based broker Bluepoppy Vehicle Solutions. The reactive cleaning specialist turned to Bluepoppy when looking to switch to a new fleet of 25 electric vehicles. The company wanted staff in greener vehicles, not only reducing Rams FM’s environmental impact, but also providing lower running costs. Further benefits included exemption from…
THE RAC has partnered with broker funder Hitachi Capital Vehicle Solutions to create affordable leasing deals on electric cars, with aims to make access to brand-new EVs easier. The RAC says its data reveals that 78% of drivers believe the prices of pure-electric cars are too expensive. However, with market-competitive leasing deals, combined with running cost savings, the RAC believes will make…
THE popularity of ‘in-stock’ vehicles has shot up according to Leasing.com as the global shortage of semiconductors continues to impact the production of new cars. This significant rise in enquiries for in-stock vehicles within the leasing sector means that, although reduced manufacturing output means new car sales have been hit, dealerships and brokers have been able to clear existing stock with a…
THE North West is seeing the fastest growth in electric car registrations of any region in the UK, according to analysis on DVLA data by leasing comparison website LeaseLoco. The leasing deal aggregator has found that registrations of new electric vehicles (EVs) have more than tripled in the region over the last 12 months, with 21,993 EVs registered at the start of…