Feature

Names to watch: the Chinese cars you’ll be leasing in the next few years

Unveil of Wey Coffee 01 at IAA Munich 2021

The Chinese automotive market is huge, and it’s heading to Europe. For many, the manufacturers so dominant in the Chinese market are far from household names over here, but that’s likely to change over the next few years. Take a look at our market intelligence guide to make sure you’re ahead of the curve. IAA Munich is the first major car show to take place in Europe since the coronavirus pandemic…

Pandemic accelerates requirement for an improved CX

Digital journey customer experience

PROMOTED FEATURE LEASING brokers were undoubtedly in pole position to take advantage of the pandemic. With dealers closed and unable to transact, brokers offered a digital alternative that allowed customers to view vehicles, compare leasing rates, and research specifications. Not to mention the ability to transact online. Brokers were also advantaged by the digital nature of their business – if you didn’t…

Leasing.com analyses shifting mix of finance trends

Image of car to illustrate changing patterns of car finance

THE changing mix of motor finance products is moving further and further towards leasing as previously dominant PCP starts to fade. Analysis of the market, by Paul Harrison of Leasing.com (left), suggests that not only are the finance trends shifting towards leasing, but the requirements of both consumers and businesses are changing as a reaction to the pandemic. Speaking at the BVRLA…

OZEV: making a managed exit from Plug-in Car Grant

Nissan Leaf electric vehicle qualifies for plug in car grant

THE Plug-in Car Grant, given a value shave and price cap on 18 March 2021, will gradually be remaindered. Current funding is planned to last until 2022-23. The information was relayed to a meeting organised by the National Franchised Dealers Association (13 May, 2021), when representatives from the Office for Zero Emission Vehicles – OZEV, previously known as OLEV – provided clarification…

The growing influence of the broker market: 2020 analysis

Broker sector continues to grow

THE pandemic should have derailed leasing brokers and scuppered consumer demand. To be fair, for many brokers the prospects at the end of Q1 and start Q2 2020 looked extremely unpromising: staff put on furlough, huge drops in demand; WLTP delivery mess to sort out – yet through it all the enormous adaptability of brokers, their entrepreneurial spirit and fast-moving digital capabilities,…

Greater rewards for high maintenance partners

Car maintenance in a service centre

SINCE the Financial Conduct Authority took over regulation of the leasing sector, we have seen many benefits, writes Richard Chadwick (left), head of Alphabet Partner, Alphabet (GB). From process management to customer satisfaction, brokers have been provided with a better understanding of what is expected of them and clear guidelines on how to remain compliant. In particular, the FCA’s ethos of ‘Treating…

Volvo undecided on broker strategy for personal EV leasing

Mark Cox Volvo

SWEDISH car maker Volvo announced last week that it would only make its EVs available online in the future. It was, said the company, the next step in its automotive progress to becoming a fully electric car maker by 2030. Volvo also positioned its subscription service, Care by Volvo, as the default buying option as a “complete convenient customer offering”, according to…