It’s no secret that prices are rising throughout the UK. The cost of living is increasing immensely across every sector, partly due to the knock-on effects of COVID-19. And the motor trade industry is no exception. A June 2022 ONS report revealed that petrol prices jumped by 20p a litre between January and May 2022 Read the full article…
Do you enjoy the challenge of fixing and repairing vehicles? Are you good enough to make money and set up a garage business? Running a garage business and becoming a motor trader requires specialist knowledge. You will need help making the right decisions to get your business going, learning as much as possible before making Read the full article…
Coronavirus shook the world in 2020. In some ways, it boosted the pace of technology change, encouraging increased use of the internet, apps, and video conferencing. In other ways, it slowed everything down, with ‘normal’ life suspended and traditional retailers – including car dealers – hit hard. Even still, there are opportunities for motor traders Read the full article…
Coronavirus has shaken up the whole world so dramatically that many of us have almost forgotten about Brexit. Yet, ever since the referendum in 2016, the motor trade has been anxiously hoping for a deal to be struck with the EU. Big motor manufacturers have been especially concerned. Fewer new cars have been built in Read the full article…
You could be forgiven for thinking that the future of vehicles is electric, and that petrol and diesel-powered cars are already a thing of the past. Motor traders will know differently. The majority of cars on the road are still conventionally powered by petrol or diesel engines. Battery-powered cars and EVs only account for around Read the full article…
By law, you need insurance to drive in the UK. Whether you use your own car for private journeys, or you drive cars for business use, you need the right insurance to meet your needs. How do you know which insurance is right for you? Our guide explains: What private car insurance covers What motor Read the full article…
Car traders have a legal obligation to treat their customers fairly. After all, nobody wants to buy a ‘lemon’; we all want decent cars at fair prices. At best, selling poor-quality cars will lead to a bad reputation. At worst, you could be endangering the life of the driver, their passengers, or members of the Read the full article…
One of the best ways to reduce your insurance premium is to build up your motor trade no claims bonus (NCB). So, how do you do this? A no-claims bonus or no claims discount counts the number of years where you have not made a claim on your insurance policy. A higher NCB usually means Read the full article…
Electric car sales are booming. While they still only represent a small number of overall vehicles on the road, sales are growing fast. And with the government consulting on banning the sale of new petrol and diesel cars as early as 2030, there will be even more electric cars on our roads in the years Read the full article…
When selling cars, you need to offer customers test drives. But don’t hand over the keys without making sure the vehicle is insured for them to drive – that could be a costly mistake! Our guide explains what you need to do for safe test drives to take place, including: Checking driver details Test drives Read the full article…
