Wednesday 22 July 2009

Are UK customers getting a fair deal from the Motor Trade?

A recent survery of nearly 1,500 car owners found a less than satisfactory experience in their dealings with garages, MOT centres and other outlets within the Motor Trade. Within the survey it revealed that one in five motorists have been charged more than the amount quoted for the service or repair work by their garage or car dealer.

Other findings in the survey found that one in ten motorists have or believe they have been overcharged for work on their vehicle. The ‘Motor Codes’ self regulatory body is seen as a last chance saloon for the Motor Trade. With consumer confidence at a low ebb and consumers having no knowledge of where to turn if things go wrong. The inconsistent and overpriced repair work is believed to cost UK motorists in the region of Four Billion pounds per year.

For Motor Traders, we also believe a fare deal is something that should be expected. So at iQuote Insurance we guarantee to beat any genuine Motor Trade quote. Visit us online and enter the best quote you have received from our competitors and we will save you money on your Traders Insurance.

The Motor Codes regulatory body is trying to deliver and maintain standards within the Motor Trade. Garages adhering to the scheme will have the Motor Codes logo on display and this is the guarantee of professionally completed work at reasonable prices. Support your local garages that are members of the scheme and help repair the reputation of the motor trade.

Sunday 12 July 2009

Motor Traders switch to online marketing

In a recent survey of two hundred car dealers in the UK, the top 3 marketing methods are all internet generated (Promotion of vehicles on their own websites, being coming out top). There has been a pronounced shift away from traditional media to get customers buying cars.

Car dealers have also confirmed the success of the vehicle scrappage scheme. With 53% of dealers experiencing improved sales compared to the first half of 2008. The improvement of car sales is even more pronounced for used vehicles, with 75% of dealers seeing improvements in this sector.

This improvement is all the more remarkable, with the reduction in marketing spend; 77% of dealers have reduced their marketing budgets. The Traders that are doing well in the current market, are those who have switched their focus to small hatchbacks, superminis and family cars. Those who are struggling have a business model based on 4x4’s or luxury cars as many buyers are carefully considering their choice of vehicle.

In addition to marketing online, their are further savings by shopping around for Car Dealer insurance online. iQuote insurance can provide cheap motor trade insurance and expert advice on your traders policy. To find out more call iQuote on: 0845 434 7819

Wednesday 1 July 2009

Vehicle Scrappage boosts sales of Hyundai

The company which has benefited from increased sales is Hyundai, since the scrappage scheme was introduced their UK sales have increased to over 11,000 vehicles. This volume is more than in the previous four months and is bucking the trend of depressed figures elsewhere in the Motor Trade.

For car dealers the scrappage scheme is providing mixed fortunes, due to the weakness of the pound against other currencies (particularly the Euro). The biggest concern is that small cars will just not be available as manufacturers divert the supply of vehicles to schemes elsewhere, with a more favourable exchange rate.

However even for car dealers experiencing a lull, there is some positive news with low cost traders insurance available for combined cover or road risks only from iQuote Insurance. We guarantee to beat any genuine motor trade quote and will provide expert advice and a traders insurance policy tailored to your business.

To find out more about the savings available under the scrappage scheme visit the Hyundai website.