Tag Archives: startline

Almost all dealers (97%) surveyed in Startline’s June Used Car Tracker say more support is needed from motor finance providers for EV funding. 52% say lenders are less keen to finance EVs, 45% charge higher rates, 21% want higher deposits, and 14% say lenders will not finance EVs at all. Paul Burgess, CEO at Startline Motor Finance, said: “What has ...

A new £450 million London Stock Exchange securitisation, dubbed ‘Satus’, has been carried out by Startline Motor Finance. As part of the programme, Startline is floating around three quarters of its existing assets under management. Startline has been investing heavily in technology, with new systems including a business portal for dealers, biometric e-Sign to enable new credit agreements to be ...

Startline Motor Finance has deployed new biometric eSign technology to improve levels of efficiency in processing motor finance applications. All applicants undergo a biometric identity and verification check which involves the customer taking a selfie of themselves and their driving licence or other photographic ID. Facial recognition tools then compare the two sources. Paul Burgess, CEO at Startline, said: “This ...

Xpeng is the Chinese EV manufacturer most likely to succeed in the UK market (named by 36% of dealers), according to June’s Startline Used Car Tracker which questioned 301 consumers and 58 dealers. The manufacturer was followed by Omoda (34%), BYD (31%), Lynk & Co (24%) and Nio (24%). Other new entrants named by dealers include Jaecoo (19%), GWM ORA ...

Half of motorists say the government should do more to make EVs affordable, according to the new Startline Used Car Tracker. 35% believe action should be taken to make EVs easier to buy, 34% believe money should be put towards charger provisions and 26% expect power to be cheaper. 29% suggested that they would choose an EV as their next ...

Almost three-quarters of dealers (72%) believe there is a trend developing against manufacturer agency models, according to new research by Startline Motor Finance. For Startline’s Used Car Tracker, 302 consumers and 64 dealers were questioned. The survey revealed that 36% think more manufacturers will change their minds and drop agency, 23% think the agency model is wrong for dealers and ...

More than eight out of 10 used car dealers (84%) anticipate a decline in used car prices and values this year, according to Startline research. The March Startline Used Car Tracker suggests 20% think the rate of the price fall will accelerate, 28% believe it will continue at the current speed and 36% think the price drop will be less ...

Almost half of motorists (46%) could be in the market for a used car following substantial recent price falls, according to new research. When told that used car prices have fallen by an average of almost 20% in the last year, 21% said that it would make them a lot more likely to buy and 25% a little, shows March’s ...

There’s been a sharp month-on-month rise in car dealers who say the condition of used stock is improving up from 20% in December to 33% now. That’s the key finding of research from Startline’s for its January Used Car Tracker which shows that the percentage stating stock is getting older is also down from 30% to 23%. Additionally, 48% say ...

Nearly half of dealers (46%) think the values and prices of electric vehicles (EVs) will fall following the government’s move to push back the electrification deadline to 2035. November’s new Startline Used Car Tracker also showed that 44% believe a corresponding rise in petrol and diesel prices and values will occur as customers stick with petrol and diesel power for ...