News

Electric Renault Zoe drops battery lease option

Renault Zoe drops battery lease option

RENAULT has dropped the option of leasing the battery separately on its electric Zoe supermini. When Zoe was first launched in 2013 it was only available as a Battery Lease. This was complemented in November 2014 by the additional option of battery inclusive Full Purchase. Renault’s decision will help clear up a potential source of confusion for customers in the step change…

Customers flock to place deposits for new Tesla Cybertruck

BN Tesla Cybertruck

TESLA’S new Cybertruck has gained more than 200,000 pre-orders from customers, having been launched just four days ago. The all-electric pick-up is expected to start around £40,000 when it goes on sale in the UK next year, though plenty of potential customers are putting their $100 deposit down already. Featuring a range of up to 500 miles on a charge, the Cybertruck…

Top tips to boost your online reviews

BN FiveStarReviews

IN the competitive leasing broker market, online reviews have the ability to sway a customer’s decision. Reports show that 98% of people read reviews for local businesses, and that more than nine out of 10 customers are influenced by those reviews. Jordan Baker, CEO of Sanity Marketing, has worked with a wide variety of clients, and has offered the following tips to…

Educate the public on car funding options says Fleet Alliance

Education on car funding methods

MORE needs to be done on educating customers on the various types of car funding available, says the Fleet Alliance Group. The Glasgow-based broker company reckons the industry has a duty to educate the general public on the different providers and products in the market. Although Fleet Alliance welcomes the Financial Conduct Authority’s regulations controlling finance broker commissions – where the amount…

Synergy makes new appointments as part of growth drive

Paul Parkinson with new Synergy recruits

HARROGATE broker, Synergy Car Leasing, has made five new appointments. Designed to assist its plans for growth, the appointments have been made across its client services, compliance, IT and marketing departments. These latest appointments come on top of  an additional three new account managers engaged this autumn. Paul Parkinson, managing director of Synergy Car Leasing (pictured above with the new recruits), said:…

Where cars and tech collide: how the digital world is entering the automotive market

Adjusting car settings via a smart watch

AS digital innovations increase connectivity in day-to-day life, cars are joining the list of technological considerations for customers. Manufacturers are approaching things differently, but all realise the importance of software for in-vehicle systems. An ever increasing number of innovations are being launched into cars, mirroring familiar features such as over-the-air updates that we now find normal in phones, for example. The latest…

Intelligent Car Leasing launches first broker-provided car subscription

icl subscription mobile

THE Glasgow-based broker, Intelligent Car Leasing, has scored a first: a broker supplied car subscription service. The new car subscription service has been launched in partnership with Wagonex, the car subscription marketplace platform. The flexible service allows customers to sign up for a subscription that includes all services bar fuel. Subscription periods range from six months to 24 months with no upfront…

FCA presents on commissions at BVRLA Leasing Broker Committee

Commissions

THE Financial Conduct Authority (FCA) has presented its views on commission models. The views were made at the recent BVRLA Leasing Broker Committee meeting on November 05, 2019 at the BVRLA’s Amersham HQ. The FCA, which is currently consulting on the banning of commission models that offer motor finance brokers and dealers an incentive to raise customers’ interest rates, provided clarification to…