Tag Archives: online

Santander Consumer UK has signed a deal with BCA to sell cars coming off finance through the auction group. The new programme will offer a wide range of stock, including prestige, executive and sporting examples and popular volume models, as well as a selection of motorhomes, motorbikes, light commercials and pick-ups. Santander Consumer UK work with over 4,500 dealers across ...

Car buyers are moving  towards buying their next vehicle almost entirely online. That’s the conclusion of new research from iVendi which found that 74% of buyers expect to use some sort of online process to buy their next car – either buying online and collecting the car in person from a dealership (45%) or buying online with home delivery (29%). ...

The cost of living crisis is “driving car buyers away from online purchases” and into dealerships. April’s Startline Used Car Tracker reports that 55% of people have become less likely to buy a car online because of pressure on personal finances with 31% preferring to view the vehicle in person and 17% intending to negotiate. A minority, 13%, wanted to ...

The arrival of the online car retailer has certainly had an impact on the used car market over the past couple of years. Indeed, many traditional dealerships have been inspired to adopt parts of their digital first approach as they scrambled to shift more of their services online during the darkest months of lockdown. Their influence has allowed traditional automotive ...

More consumers are now willing to buy a car completely online partly as a result of the pandemic in 2020. In an Auto Trader study of 1,500 car buyers, the number of consumers who’d consider buying a car completely online has increased to 41%, up from 37% in August 2019. The report found that most consumers would prefer to complete ...

Click2Trade, an online vehicle auction platform, has launched in the UK. It was launched in Holland as BAS in Holland in April last year and since then it claims to have sold 6,000 cars. it enables franchised and independent dealership,to have their own in-house trade auction platform. There is no charge to sell a vehicle and buyers pay £39 plus ...

The UK motor sector has been a 53% increase in the number of motor finance applications made online since lockdown. That’s the view of online technology firm iVendi, which calculated the figure based on transactions made through its platform between March and June. iVendi CEO James Tew said the increase showed how quickly some dealers across the UK had switched ...

The pandemic has accelerated the trend towards digital retailing with consumers spending more time doing their research online. That’s the conclusion of the latest Britain Under the Bonnet report from Close Brothers Motor Finance. It found that would-be buyers spend an average of 24 hours doing research before making a purchase. But now more than ever, dealerships are the final ...

Dealers are set to see a “paradigm shift” in remarketing as more cars are sold online instead at physical auctions. That’s the view of online remarketing firm ADESA UK which said it was receiving “high levels” of enquiries from finance and leasing companies drawing up strategies to enable them to defleet the high volume of end of contract vehicles created ...

In the wake of the COVID-19 outbreak the onus will be on dealers to offer customers new ways to experience a vehicle, interact and transact. So what will this ‘new normal’ mean for how dealers market themselves and their stock? Dealers have traditionally been chosen by potential car buyers because of their location, the specification and price of the car ...