Latest Posts

The most up to date news and features on the leasing broker market

Legal possibility for brokers under agency model

BROKERS can exist under an agency retailing model, but they will need to form relationships directly with manufacturers rather than being supplied by retailers.
This was one of the messages from a recent conference looking at all aspects of agency.
Speaking at the Auto Retail Network Agency Conference, held in the same month Mercedes launched its new agreement, experts agreed that manufacturers would be able to supply brokers with cars, particularly as supply increases, but they will be disinclined to do so at least in the early stages of an agency agreement rollout.

Read Article