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Motor Trade Insurance News

Tax changes brings bigger focus on low co2 vehicles

Chancellor George Osborne’s latest budget will bring some significant changes to the way the motor trade, and indeed car buyers, focus on low emission vehicles. In 2017, Vehicle Excise Duty (VED) will be scrapped, and replaced with an entirely new set of bandings for road tax. The existing bandings currently provide a sliding scale of taxation based on carbon dioxide emissions, with many lower emission cars being free to tax. The new guidelines will place vehicles into just 3 bands – Zero Emission, Standard and Premium. more info…

The value of a full service history

Used car advertisements often include three key words – full service history, or FSH for short. Various surveys and studies have shown that this is among the most important and vital pieces of information that car buyers look for. Indeed, a study by Kwik-Fit has suggested that a remarkable 50% of shoppers will ignore vehicles that don’t have a full service history included.
Not only will buyers often routinely skip over adverts which do not promise a FSH, sellers can also expect to receive far less for their car than those who can offer all the relevant documentation. more info…

Tips to bag a bargain at a car auction

Always thought that car auctions were only for motor traders? Not so, although the majority of cars sold at auction do go to the trade. One auction house estimates that only one in ten automobiles is sold outside the trade. However, with a little practice and a slice of luck, you too can buy a car at a discounted price. more info…

Insurance premium tax hits businesses

The July 2015 Budget was announced by David Cameron’s Conservative government shortly after the general election in May, and replaces the previous Budget introduced by the coalition government in March. Adjustments to spending in different sectors, and to tax rates, mean that some people will find themselves better off financially under the new Budget, while others will experience lower earnings. Every Budget has its winners and losers, and will produce at least a few changes that will have some sectors of the population protesting. more info…

The Google Car Road Tested

The way we travel in the future may be one step closer. Google have been given the go ahead to perform full road tests on their latest generation of robot cars. While the company has already tested various models, notably the modified Lexus SUV, this is the first time that a purpose-built autonomous vehicle will be allowed onto public roads. more info…



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