• Fresh compliance warning to dealers
    • 08/12/2021
    • Posted by: Alan Feldberg
    • Category: News
    Dealers have been warned to keep compliant finance and consumer records ahead of the introduction next year of new rules from The Financial Conduct Authority. The new rules will see the introduction of a new Consumer Duty by the Financial Conduct Authority, which will be backed by a data-led approach for [...]
    read more

  • Car dealers concerned over car clocking
    • 29/10/2015
    • Posted by: Simon Wait
    • Category: News
    Over 70% of dealers surveyed by HPI, are concerned about damaging their reputation by inadvertently selling on a clocked vehicle. With 1 in 20 cars checked with HPI recorded as having a discrepant mileage, dealers are right to be fearful of clocked cars. Also high on the list of concerns is the safety risks [...]
    read more

  • Consumer rights act benefits car buyers
    • 22/09/2015
    • Posted by: Simon Wait
    • Category: News
    On 1st October 2015, some of the biggest changes ever in consumer law will take place and, HPI, is urging used car buyers to be aware of their new rights. The Sale of Goods Act is set to be replaced by the Consumer Rights Act 2015. This crucially allows consumers to ask for a full refund in the first 30 days of [...]
    read more

  • New car discounts dry up
    • 30/06/2015
    • Posted by: Simon Wait
    • Category: News
    Discounts on new cars are shrinking as Britain’s car sales boom rumbles on, according to new research from What Car? Average discounts negotiated by consumers are smaller now than they were 12 months ago; down from a typical markdown of 10.14 to 8.9%. In cash terms, that’s a price increase of £204 across [...]
    read more