Finance consortium™ providing "strength in numbers" 2009  proved to be a  challenging time for the retail motor trade. Initiatives like the scrappage scheme  offered a much needed boost to the holders of small family car franchises  in particular  but what does 2010 hold? 2010 and beyond in our opinion represents a much greater challenge with new car stock availability and declining margins causing concern to many a Dealer Principal. In addition the industry seems ill-prepared for the  impact of the changes that will be brought about through the implementation of the consumer credit directive. Our expertise means that we can assist you in these challenging times  allowing  you to focus your valuable time and efforts on the important day to day task of getting on with running your business.

The area of our focus is Finance and Insurance which has traditionally provided a vital added value profit centre within the retail motor industry to businesses large and small. In these turbulent times allow us to pose some searching questions:

Are you 100% certain that you are getting the best possible rates, terms, and support from your current finance partners? ........... How do you know? ............Have your finance partners made changes recently in any of the following areas?.....

1. Commission debit back period being increased

2. Unable to honour original terms

3. Withdrawal of products

4. Base rate increases

5. Documentation fee increases

6. Uncompetitive base rate increases for personal loans and terms in excess of 48 months.

Our industry knowledge suggests that they probably have and that you will be more than pleasantly surprised with what MOTORCONSULTANTS can offer you.

What does the future hold?

The consolidation that has occurred in the motor finance sector means that the big 4 players have now become the big 2. This consolidation has led to the demise of the intense competition culture that ensued amongst finance houses for your retail finance and insurance business, meaning less profitable rates and terms packages for dealers.

Have you accepted these changes as just another example of market forces or have you been proactive in finding a solution to this problem?

At Motorconsultants we believe we have a unique solution in the form of our Finance consortium™ 

Click here to see how we do it