Following in the footsteps of Vauxhall and Kia, Nissan traders are now offering their own discounts on new cars if their old cars are traded in. They are accepting cars that are as young as 7 years old, and are offering up to £2,000 offer certain new models of car. These include the new Micra, Note, Qashqai and Qashaqai+2. By lowering the age to only 7 years, they are likely to grab a high percentage of new car sales and most certainly boost the economy. The scheme is said to expire by June.
Category Archives: Motor Trade
Vauxhall offer March promotion
Following in similar steps to Kia, Vauxhall have now introduced a promotion throughout march which they hope will boost sales after the scrappage scheme has ended. They are dropping the prices of some of their new entry level vehicles, whilst keeping the same specifications to try and entise customers in.
£1,000 will be knocked off the price of the new Corsa and £2,000 will be discounted off the new entry level Astra. The discounts are going to spread as far as other models such as the Insignia. The price reduction comes with the new ES & Expression range Vauxhall are pushing. This is the second car manufacturer to produce offers which fall in line with the scrappage scheme ending. Check back at our blog for more motor trade news.
Motor Trader’s launch their own scrappage schemes
Kia dealers are now going to offer up to £2,000 for cars traded in over 7 years and up to 10 years as long as they have a valid MOT certificate. The only car that is not covered by the deal is the newly released car, the Sorento.
Now that the government’s scrappage scheme has ended, motor traders are cashing in on the idea and launching their own to boost sales. Kia particularly are only running theirs until the end of March in an attempt to boost the brand. Time will tell to see if other traders are going to follow suit. You can get a quote for Motor Trade Insurance at our website, click here for more information.
Scrappage scheme ends
The end of March marks the end of the scrappage scheme, with a massive 330,000 cars sold since it began. Introduced last year to help the economic crysis, the scrappage scheme has helped motor traders sell so many cars that now that the country is finally out of a recession, the economic growth is hoped to continue. With the huge amount of cars sold means that the emissions of cars on the road has greatly decreased which is a positive move forward.
The scheme was extended twice since its introduction in May last year to continue to help struggling motor traders. But with the credit crunch now over and economy on the rise, its time for it to end. Visit Broadsure Direct if you would like a quote on motor trade insurance and fill out our form online!
Locations of uninsured drivers revealed…
A new survey carried out recently shows the locations of the highest percentage of uninsured drivers. These are the locations where the highest number of drivers have an IN10 on their license, this is the conviction code for driving without motor insurance. The town with the highest percentage was Sanquhar, Dumfriesshire which was around 28% of drivers had the IN10 conviction code. Coming in a close second with 24% was HebdenBridge, West Yorkshire. Out of the top 10, the last on the list was Notting Hill in London at 12%. Its good to see that no Kent towns made it to the top 10. If any driver is caught driving without motor insurance, there is a chance of a £200 fine and 6 points on your license, in worse cases, it could mean the car will get impounded and then a £150 collection fee.
Hummer going bust, very slowly..
After selling very little Hummer vehicles last year and a recent deal with a chinese car manufacturer falling through, dealer General Motors are deciding to slowly end the brand.
It hasn’t been a good year and traders have not been selling many vehicles in general but this is just another brand affected by the economic climate. General Motors (or GM for short) are going to discuss with its dealers and employees how to end the business in a safe manner and eventually end the Hummer brand. For all existing customers with Hummers, there will still be warranty services available and will continue throughout the warranty periods. Check back here for more motor trade information.
Renault launch specific Renault Sport Dealerships
It has been unveiled recently that with some Renault dealers reaching high number of sales, Renault are going to launch their own Renault Sport dealerships, trading specifically with Renault Sport models such as the Clio Sport, Megane Sport and Twingo Sport. 11 locations have been chosen and customers can benefit from very knowledgeable staff and even the possibility to be invited to track days. The dealerships hope to be trading by the beginning of March.
Headache for Motor Traders but also a great opportunity..
With manufacturers such as Toyota having to recall the latest model of their Prius because of anti lock braking faults, Motor Traders are likely to have some very unhappy clients on their hands. Of course that’s not the only recall that Toyota are having to make, the accelerator pedals on some of their latest models are sticking, meaning yet another headache for motor traders. As both of these faults are being well publicised, the uk customer is going to become even more irate than normal.
For the motor trader this is going to be a problem but can also be looked at as an opportunity. Because these problems are major issues, the motor trade has a chance to show how good its service is to its customers; as its not directly the motor traders fault. Giving a good service to its customers throughout this time could prove benefitial to the motor trader.
Is protecting your no claims really worth it?
A nice idea to those wishing to protect their years of working up a good no claims record on their insurance premium. Whether you have motor trade insurance or just simple car insurance, is paying out for protecting your no claims discount really worth it?
Most insurance companies will have their own ways of calculating the actual discount you receive for having no claims so therefore it will have to be worthwhile to them having no claims protection. Some offer free bonus protection where as some companies can put a lot more onto a premium in exchange for no claims protection.
If you wish to get a quote for motor trade insurance then visit our motor trade insurance page for more information.
Interesting Car Facts
Here’s some facts relating to cars and insurance:
- Did you know the first insurance policy that was taken out was in the U.S in 1897!
- The longest traffic jam ever recorded was around 110 miles long in France.
- The idea of the windshield wiper was originally thought of by a woman!
- In the early days of cars, they didn’t use a steering wheel instead, they used a lever to manoeuvre.
- Porsche originally badged their cars the 901 until a fall out with peugeot, then they were badged 911, one of the most well known model numbers in car history.
Comment below if you wish to see more facts on cars, insurance etc. Remember, Broadsure Direct offer insurance for cars, fleet vehicles, hgvs and motor trade. For more information click the links.