OVER the last few months, OLEV has seen a dramatic rise in the number of applications for the government’s Plug-in Car Grant (PICG). According to a BVRLA report, the demand is higher than expected and applications may take longer than expected. The BVRLA says that OLEV is working closely with the Vehicle Certification Agency (VCA) which checks and approves applications to the…
CHAIR of the BVRLA Leasing Broker Committee, Alan Carreras, was upbeat about the business outlook for leasing brokers during an online industry briefing. Taking part in an Industry Outlook webinar #2 organised by the BVRLA on 19 August, the director of The Bridle Group was one of four expert panelists joining a discussion hosted by Toby Poston, director of corporate affairs at…
THE BVRLA has submitted its formal response to the Financial Conduct Authority on future guidance on forbearance for motor finance customers. The FCA had requested feedback on: What support should people get after two payment deferrals What support will be needed post 31 October for those facing redundancy BVRLA member feedback on the PCH market The BVRLA agreed with the FCA’s view…
The Financial Conduct Authority is consulting on draft guidance on the fair treatment of vulnerable customers – and the BVRLA wants to hear your views. The FCA aims to provide clarity and to focus the attention of regulated regulated firms on what they should do to comply with its Principles. “We want to make sure the fair treatment of vulnerable consumers is…
THE government’s preferred date of 2035 for the phasing out of all ICE vehicles has been criticised by the BVRLA as a “mistake”. Responding to the 2035 phase out consultation period, which ended 31 July 2020, the BVRLA believes that such is the diversity of the UK’s fleet that setting a single date was unrealistic. The association explained that 2035 would be…
THE BVRLA Leasing Broker Conference has been moved to a new date in 2021. The event was originally scheduled for May, but due to the COVID-19 lockdown was subsequently moved to 14 October this year. However, the organisers – in conjunction with the venue – have agreed that there is still too much uncertainty around social distancing to have an effective conference,…
THE BVRLA has been updating its industry setting Fair Wear & Tear Guide for commercial vehicles. The updated guide covers commercial vehicles over 3.5 tonnes and minibuses up to 17 seats. A number of changes have been applied to the guide in relation to: Chips, dents and scratches Windscreens Minor repairs Major repairs Direct Vision Sensors and ADAS, in-cab cameras Passenger vehicles …
THE BVRLA has warned that leasing brokers should start preparing for the FCA’s move to its new data collection platform. The new data collection platform will be known as RegData and replaces the current Garbiel system. The FCA said: We’ll email firms’ principal user and associated users three weeks before their moving date, with reminders five days and one day to go.…