 | 2009 has proven to be a challenging time for the uk retail motor trade. Initiatives like the scrappage scheme have helped smaller car franchises in particular but what will happen when the money runs out ? 2010 in our opinion will represent a much greater challenge but help is at hand from Motorconsultants..... |
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 this question: 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....? Commission debit back period being increased, unable to honour original terms, withdrawal of products, rate increases, documentation fee increases, uncompetitive rate increases for personal loan and terms over 48 months.Our knowledge of the industry suggests that they probably have and that you will be more than pleasantly surprised with what we can offer you, as your current finance house rates and terms may be much more in their favour than yours. What about the future?The intense competition culture amongst finance houses that until recently has benefited motor dealers has changed significantly. With the big 4 becoming the big 2 will you have enough options in future as to where you can place your finance proposals whilst retaining profit?
Now is the time for you to spread your retail Finance and Insurance business, amongst a few choice finance partners, with an opportunity to achieve positive growth from this vital profit centre. We will prove to you that redirecting just a fraction of your retail finance volume to one of our finance partners can lead to increased Finance and Insurance revenue in the region of £500 per finance case. At around 20 cases per month this equates to additional revenue of circa £100000.

|