I WANT to take issue with the story Regulatory threat to PCH on treating customers fairly run in Broker News, November 12, 2019.. Karima Haji, director of Auto Novo, makes the point that treatment of leasing brokers is more ‘fluid’ than that of captives, car finance brokers and car dealers. Not only is that statement baffling, but it’s incorrect. All sectors are…
THE growth of personal contract hire has been spectacular – the BVRLA’s latest leasing statistics show that broker-driven personal leasing is at +23% against a declining business contract hire market. But with this growth comes an increasing regulatory threat believes Karima Haji (above), director of Auto Novo, a change practitioner in the automotive sector. “The issue is over treating customers fairly,” commented…
BROKER funders crowded out the top six leasing companies in the FN50 revealed on November 05, 2019, at the launch dinner in London. Lex Autolease remained at number one spot, albeit with a reduced fleet size, while LeasePlan, Arval and ALD Automotive all increased their fleet sizes. Alphabet, in sixth place, showed a static fleet. Volkswagen Financial Services | Fleet was the…
CONGRATULATIONS to Concept Vehicle Leasing for its ghoulish approach to marketing. The Surrey-based broker takes top marks for its Halloween marketing with an imaginatively delivered email with the subject line ‘Make no bones, ghoul find these spooktacular!’. Offering a fully Halloween themed email, Concept even fashioned a ‘top secret SUV deal’ image out of a pumpkin. Clearly, Concept didn’t miss any of…
BROKER contribution to the leasing market continues as personal contract hire leases continue to accelerate. According to the latest BVRLA Quarterly Leasing Survey for Q2, PCH was the driver with a 23% growth – thanks to the growing role of leasing brokers in the leasing markets. Nevertheless the overall trend for leasing was 2% down as business fleet leasing contracted, continuing its…
EXETER based broker Carparison has teamed up with Lightfoot to promote greener and more economical driving. Lightfoot is a dashboard based traffic light system that provides visual encouragement for drivers to drive more smoothly and more efficiently. Smoother drivers use up to 30% less fuel according to Lightfoot experience, with potential savings of up to £400 on fuel spend while also polluting…
THREE new brokerages have swelled the ranks of BVRLA approved brokers. The three are: ● Belmont Vehicle Leasing, based in Oldham ● Hot Car Leasing, which is based in Shrewsbury, and a trading style of Telford firm Creative Client Services ● Aptus Contracts, who are based in Worsley, Greater Manchester Greg Theaker, membership manager, BVRLA said: “We are delighted to welcome all…
ALPHABET is planning a conference in December following the success of its first Alphabet Partnership Forum. The event will be held in Liverpool and Alphabet says that it will enable more business partners from around the UK to participate. It will also be the first chance for many Alphabet Partner brokers to congratulate Richard Chadwick on his appointment as head of Partner.…