News

Brokers will require a Broker Communication Licence from end 2020 to use cap data

Amanda Morgan cap hpi

LEASING brokers handling cap hpi data must have a valid Broker Communication Licence from 31 December 2020. Funders and dealers using cap hpi data, along with marketing lease aggregation portals, must also have a valid Broker Communication Licence. Brokers currently holding licences were sent the official communication last Thursday (15 October 2020) signed by both cap hpi’s James Pass, head of fleet…

Brokers face potential vehicle supply disruptions due to local lockdowns

Shelbourne Renault car retailer

LEASING brokers could be facing vehicle supply disruptions to new customers thanks to local lockdowns. The warning comes from Auto Retail Agenda, which said it had been told of several retailers closing due to COVID-19 outbreaks. This included several major retail groups among those affected. Editor Tristan Young said the magazine had picked up stories from Wakefield, which had seen the Evans…

Alphabet updates its AlphaGuide app

AlphaGuide app

BROKER funder Alphabet has given its AlphaGuide a revamp for a better user experience. The app is free to use for any drivers where brokers have transacted a lease underwritten by Alphabet. To access the app, drivers just need to use their Alphabet contract number. The freely accessible app provides drivers with easy to use self-service features. Functions include a mileage tracker,…

Fire5 Digital is first CRM partner for broker platform Fleet Procure

fire5digital logo

DIGITAL agency Fire5 Digital will be the first CRM partner with Fleet Procure, the broker/dealer procurement platform. Due to be launched Q1 2021, the integration will streamline and automate broker workflow. The CRM will use Fire5 Digital’s Automotus web platform – a Calas-type competitor – within Fleet Procure. The benefits are said to include time-saving on administration and a more seamless customer…

CBVC Masters Golf Day beats the lockdown

CBVC Golf Masters Day 2020

CBVC Vehicle Management recently held its CBVC Masters Golf Day at the prestigious JCB Golf and Country Club in Uttoxeter, Staffordshire. The rescheduled event took place on 10 September. Limited to 40 golfers, the competition was won by Dean Wetteland (Norse Commercial Services), who is pictured below receiving the CBVC Masters Steel & Alloy Trophy from CBVC financial director, Jennie Chisholm. With…

Motor Finance session from BVRLA Fleets In Charge conference focuses on SM&CR update; trends in broker auditing; and TCF

Fleets in Charge motor finance session

THE Fleets in Charge virtual conference, organised by the BVRLA on 06 October, included a break out session on Motor Finance. Hosted by Amanda Brandon, BVRLA’s director of fleet services, the presenters were Joanne Davis, a co-founder and partner in Auxillias; Naveed Asif, consumer credit consultant at the Consumer Credit Advisory Services; and Adrian Dally, who is head of motor finance at…

Bridle franchise 4 Wheels UK goes live with new website

4WheelsUK live

THE Bridle Vehicle Leasing franchise, 4 Wheels UK, has just gone live with its new corporate website. The leasing brokerage, which is based in Barry, Vale of Glamorgan, is run by Alex Harris, who was formerly the new car sales manager for BMW Sytner. Harris started running the Bridle franchise in April this year. As part of the franchise agreement, we promise…

BIK changes drive salary sacrifice boom at Octopus EV

Salary Sacrifice Polestar2 EV charging

THE EV specialist broker, Octopus EV, says it has seen a boom in salary sacrifice since the April changes to benefit in kind. The leasing broker says it has seen the number of drivers opting to lease an electric vehicle almost double since the tax change compared with the six months prior to April. The impact has been staggering. The tax changes…