Increase in Van Sales help boost economy

Posted on 13 April, 2010 by Steve

Latest reports are saying that Van sales are continuing to rise in the UK whilst truck sales are still at an all time low. Truck sales have continued to stay static and in some cases decline from late 2009 and show no signs of increasing where as new van sales and registrations are rising massively and have been the last 2 months. This topped with car sales increasing from new scrappage-style schemes from car manufacturers should continue to increase the UK’s economy!

Nissan are next to offer their own scrappage scheme

Posted on 31 March, 2010 by Steve

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.

Vauxhall offer March promotion

Posted on 19 March, 2010 by Steve

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

Posted on 17 March, 2010 by Steve

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

Posted on 10 March, 2010 by Steve

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!

12 MILLION cars in 11 months!

Posted on 8 December, 2009 by Steve

Its a new record for China! They have never made more than 10 million cars in a year but this time they have smashed the record and its not even the end of the year yet! Predictions are that the final figure for cars manufactured is 13 million.

There could be many reasons why a sudden burst of manufactured cars and sales has happened this year but there has been a drop in tax price for smaller cars. Like the UK, China have introduced a scheme whereby people can trade in their old cars for discount on newer cars.

Fancy a new car for Xmas? These people do…

Posted on 4 December, 2009 by Steve

New car sales in November have gone way up by more than 50%, quite clearly these people are feeling like treating themselves this Christmas! One temptation may be that the uk government scrappage scheme is still going strong offering massive discounts on new cars in exchange for old ones. Who knows whether these increase of sales is because of Christmas or the scrappage scheme with things coming to an end early next year, it’s not likely it’ll continue. Good news for insurance companies who must be getting lots of new business from the increase in car sales.

Scrappage scheme extended again!

Posted on 23 November, 2009 by Steve

Companies are looking to continue the scrappage scheme right up to the general election next year. Many are worried that if the scrappage scheme ends at the last quarter of this year then come the beginning of 2010, companies will suffer greatly. With the amount of new business and popularity of the scheme it has generated, it wouldn’t surprise me if it did continue right through to the election. Hopefully by this point the country’s economy would have evened out and possibly come further out of recession for the scrappage scheme to stop and not have a major impact on companies revenue.

Broadsure Direct offer various types of insurance including car insurance, motor trade insurance, hgv insurance, fleet insurance and more. Visit our website for more information and find out how to get a quote.

New car sales higher in October!

Posted on 6 November, 2009 by Steve

The opposite to whats happening with used car sales is happening with new car sales! Motor car sales have risen by around 30% last month. The sales are due mainly to the extension of the scrappage scheme, in fact around 20% of the sales have been through the scrappage scheme.

The demand for fleet vehicles has also gone up from businesses which is good for fleet dealers. Last October there was around a 20% fall so to be up by so much this October is very good news. It is expected that sales will continue to go up for the next couple of months to the end of the year with fleet demands gradually decreasing. Watch this space!

For fleet insurance or motor trade insurance, you can visit broadsure direct at their website here. For more information on fleet insurance, click here and for more information on motor trade insurance, click here.

Industry shares views on scrappage scheme extension

Posted on 30 September, 2009 by Steve

Now that it has been announced. Many industries including car makers and the environmental agency are ready to share their views on the matter. Kia firstly who has benefited the most from the scrappage scheme naturally welcomed the extension with open arms stating how much car owners would continue to benefit from an extension.

It will boost the confidence of suppliers too. However the environmental transport association are unhappy about the extension with the prospect of more cars being scrapped which is apparently not a green process.

Broadsure Direct offer car insurance and many other types of insurance. Check out the website at www.broadsuredirect.com.

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