In the tough economic climate within the Motor Trade industry the revenue that can be generated through vehicle servicing is a larger proportion of overall income. Within a climate of falling sales this income is of increasing importance.
Only about 30% of owners return their vehicle to the dealer where the purchased was made for servicing. Most owners choose their local garage or a franchised dealer for their make of vehicle to carry out servicing and repairs.
For motor traders and dealer to tap into this sector of the market, they must deliver on good workmanship and value for money. However as long as these key factors are delivered within the service - there is the potential to increase earnings from servicing and repair work to help weather the current credit crunch.
For cost conscious car dealers of any size a motor trade insurance policy with iQuote will help to reduce your overheads. Motor trade policies can be provided for road risk insurance or combined cover and you will receive a traders policy tailored to your needs.
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