Unique Auto

Posts Tagged ‘leasing’

For people living inside the UK it has been a very tough year for looking into buying a new car, could this solve your problems. There are actually many companies at the moment who are refusing to take all of the prices down as they are syaing that the Pound is too bad.

This means that companies such as Ford are actually putting up their prices rather than decreasing them and they are set to raise them again this time a £10,000 car will now set you back a whopping £11,300 which is a major increase on the cost of a car.

So is there anything that can be done about this at all? Well nationwidevehiclecontractsare actually offering people £100 discount on every single car leasing contract they have on their site which is simply astounding when you think about it.

So now there is no need at all to worry about getting that new car as you can now rest assured that at least you are going to be saving a small amount on that BMW Lease.

Of course it is not just the cars that this offer is going out to but all of the vans that can be found via the cheap van leasing. One of the best things about leasing either a van or a car is that in most cases it is easily the cheapest way of actually getting a new car which is of course why people do it.

So whatever you choose to do this year make sure that you know exactly which option to take when it comes to choosing your brand new car or van. You could of course go out to all of the main manufacturers and see how much more you are going to have to pay and you have to talk to the annoying salesman.

At the end of the day it is up to you!

The giant of the motoring industry, General Motors, who own brands like Chevrolet, GMC, Cadillac, Pontiac and Buick, have reveasleda line-up of new cars. Only last month, General Motors recovered from 40 days of bankruptcy, in that time the US government invested $50 billion into the company, making it now 60% public owned.

Now that General Motors have recovered from bankruptcy, they can now look ahead and shape their brands to make more sales. Just a few days ago, they announced they are exploring new methods for selling their cars. A trial method they are running from August 11th is selling the new cars on eBay, the online auction site.

On August 11th, General Motors invited a select group of 100 consumers to join them at their proving ground in Detroit. The event was comprised of showing off a series of new cars that will soon be released by the motoring company. After recovering from their bankruptcy troubles, they have had another look at their model ranges on all their companies and have said it needs to change.

Currently the majority of their cars are large, gas guzzling tanks that although have been popular in the past, they are not so much now. In an attempt to get younger and greener customers, General Motors have put together a series of smaller and fuel efficient cars that will be released for a number of their car brands.

One of the cars that was announced is the Chevrolet Volt which is expected to become very popular. This car is said to be ready for release sometime in 2010, it’s already gathered alot of popularity because of the number of miles per gallon it can do. Currently the car is estimated to be able to do 230 miles per gallon which is a huge amount and it drastically reduces the running of the car.

The new model Cadillac was the other big annoucnement at the event. The new model Cadillac is a small sports sedan and you can choose either rear or four wheel drive. This new car is going to be smaller than the popular CTS model.

While at the event, General Motors announced a number of changes to their brands that will be taking effect within the next 3 years. Some of those plans included doubling the amount of models Buick have, going from the current 3, up to 6. We’ll have to watch out to see when they are released and what effect they will have for General Motors. If we’re lucky, some of these models will get into the UK in the contract hire market. Currently if you are after leasing a large American car, you have to get a Chrysler lease. Another possibility would be to go for cheap van leasing considering they are the closest to a Chevrolet, size wise.

It wasnt that long ago that business in the UK and US found themselves under a large amount of pressure when their margins were slashed due to a increase in petrol prices. Transport-based companies were hit hardest for obvious reasons and lots had no choice but to cut pay and cut vehicle numbers.

Fleets may need to be reduced even further now and companies pushed even closer towards breaking point as the government announces predicted further cost increases in the coming months. What is frustrating many business owners about this situation is the lack of information it gives them to predict profit margins. “Each time we plan out our business for that quarter, petrol prices are put up and our costings go out of the window” says Barry Hemstone, MD of RDA Foods. Many business experts have predicted that 2009 will see similar levels of transport-based companies shut down as witnessed last year, which was around 15%.

For companies that rely so heavy on petrol prices to turn over a profit, the news of another rise has not been well received. “We are being crippled” argues Fiona Potter, who runs a small furniture chain in the UK. Our customers expect their furniture to be delivered to them, which is something that is becoming financially unviable for us now. A number of similar companies are turning to van leasing as a way of bringing down their overall costs. This is because van leasing enables businesses to not buy their vans outright and so this is a useful option if cash-flow is poor. Interestingly, Citroen van leasing has been the most popular choice as on average these vans offer the best MPG. Ford van leasing is also up their with the most popular choices as their reliability is well respected in many industries.

It wasnt that long ago that business in the UK and US found themselves under a large amount of pressure when their margins were slashed due to a increase in petrol prices. Transport-based companies were hit hardest for obvious reasons and lots had no choice but to cut pay and cut vehicle numbers.

Now, after it was announced that petrol prices are set to rise again in the coming months, some businesses are on the edge and a large percentage of them are having to cut their fleet even further. What is frustrating many business owners about this situation is the lack of information it gives them to predict profit margins. “We get a set of forcasts drawn up and then they mean nothing when petrol goes up so much” argues Jerry Henley, Managing Director of JHG Foods. Around 25% of all companies in the US that were heavily reliant on transport, went into administration last year, which is a figure many predict will be replicated this year as well.

Many people and businesses are on their last legs right now and the last thing they need is an increase in their overheads. “We cannot survive much longer” claims Judith Grey, MD of UK-based company Grey Kitchens. Our customers expect their furniture to be delivered to them, which is something that is becoming financially unviable for us now. A number of similar companies are turning to van leasing as a way of bringing down their overall costs. This is because van leasing enables businesses to not buy their vans outright and so this is a useful option if cash-flow is poor. Interestingly, Citroen van leasing has come out on top this year in terms of popularity, largely due to the high miles per gallon figures they offer. Ford van leasing has also been a strong choice as their reliability is thought to save companies large amounts of money in reduced maintenance costs.

Earlier this year car maker General Motor, who own brands like Pontiac and Chevrolet, filed for bankruptcy. However, they have now sorted themselves out, and from July, they have stopped receiving bankruptcy protection from the government.

Now that they have sort of recovered, they are now attempting to build themselves back up again and bring in more sales to the company. Two new methods are being looked at by the company in an attempt to sell more of their cars. The first one is car leasing, which they had previously pulled out of this time last year. The company is now planning to return to the contract hire market sometime in the next month. General Motors, being the manufacturer, may be able to give some extremely cheap van leasing offers as they can sell straight from the manufacturer lines, undercutting many other companies.

The other method is that they are teaming up with the online auction site eBay. Starting from August 11th, General Motors began listing, within the California area, new Chevrolet, Pontiac, GMC and Buick cars on the auction website.

The plan is to run the system on a trial basis until September, however, it’s already proved popular with over 225 out of 250 of their Californian dealers signing up. The system will work by website users either haggling for a price or paying the listed price for the car. Once a car is bought via the site, the customer is then required to travel to one of the listed retailers and pick up the car.

If both eBay and General Motors find the system to be successful and profitable, they will looks to expand it across the entire United States. Also if it does prove successful for GM, I wonder whether we will see other companies offer their own cars for lease such as a Mazda lease.

Earlier this year in May, the UK government launched a scheme for scrapping old cars that rewarded new car buyers. Oddly enough it was called the ‘Car Scrappage Scheme’ and it gave car buyers 2000 towards a new car when they scrapped a car that’s more than 10 years old.

600 million pounds was the total price to run the scheme. Out of the total pot required to fund the scheme, half was payed by the tax payer, the other half was payed for by the car manufacturers. Despite this being a large sum to invest in a scheme, it’s certainly proving successful for the market.

The total number of registered cars for July 2009 were released last week and it seems to have risen by 2.4% compared to the same month last year. Overall 157,149 new cars were registered last month, overall a 2.4% rise in sales from last July. Out of the overall cars registered, over 33,000 of them were bought alongside the scrappage scheme. The last sales rise seen was back in April 2008, so although 2.4% is not a huge number, it’s still a number to be happy about.

Because the scheme has resulted in good news for the motoring industry, many MPs are calling for the scheme to be renewed for 2010. Currently the scheme is due to end either when the tax payers money input runs out, or in February 2010. With around 144,000 new cars registered with the scheme since it started, I wouldn’t be surprised if they continued it into 2010.

Car retailers will be hoping that if the scheme is kept going, the amount of cars being registered will continue to rise.

Although this is good news for the new car industry, there are some downsides for other sectors. The first would be the second hand market. Due to the large number of cars being scrapped, the amount of second hand cars on the market are being reduced. The other problem occurs in the cheap car leasing market.

Due to the majority of people buying new cars, leasing companies are missing out as people are not going for a Nissan lease when they can just scrap their older car for savings off a new one. Luckily, this problem doesn’t so much effect the van contract hire sector which doesn’t yet benefit from the scrappage scheme.

The van and truck sector of the motoring industry is the latest to release some bad news. Figures for truck registrations in June show falling registrations, however, van registrations are showing improvement.

The number of trucks being registered has been declining month on month and the figures released for June show the greatest fall so far. With the amount of trucks being registered last month only amounting to 2,761, this is a 47% fall in registrations from the same time last year.

On the other side of the sector, the amount of vans being registered has seen some improvment. The amount of vans being registered reached 17,158 units. These level of sales show 40.1% fall in registrations from June 2008, however, this month on month fall is actually the smallest so far. This could mean that the amount of van sales could be levelling out.

There were a couple of manufacturers that did well in June, one of those was Renault. They managed a 78.5% rise in sales for their vans and light trucks during June. One model that did well for Renault is their very popular Renault Trafic van. The Trafic van, which is currently Renault’s best selling van, recently won the first 2009 Security Award.

The general fall of van and truck sales can be put down to a number of reasons. One reason is that many businesses are waiting to see if van and truck prices continue to fall before buying. Although the amount of companies buying vans is falling, the amount of van leasing companies buying vans is on the rise, this is because the companies that aren’t buying vans are choosing to lease vans instead.

Many companies are finding that getting out a Renault van lease is working out cheaper in the long run rather than buying a brand new van. So if you are looking for a Renault Trafic lease, you will often get a better deal because you are only paying monthly for the van, rather than paying a bulk sum for a new van.

Although a number of companies are holding off on buying their own vans and trucks causing a fall in overall sales of vehicles, the amount being bought by leasing companies is on the rise.

Find the most ideal vans for your business that are within your price range and come with all the features you need is no easy task.

However, this decision is made a lot simpler with the Renault Trafic. The Trafic is currently Renault’s best selling van and it recently won a 2009 Security Award. The van won the award at the 2009 British Insurance Vehicle Security Awards, it was only this year that vans were included into the awards, making Renault’s achievement even more special.

The van was given the award due to the large number of security features that the van contains. Anti-drill door locks, Thatcham category one alarm and remote central locking with deadlocking are all just a few of the security features that are included in the Trafic van. The Renault Anti Intruder Device is also included on the van, what this does is once the van travels faster than 5mph, all the doors automatically lock.

The Trafic van is one of the most successful vans for businesses, not just to Renault. The big downside to this van model is the price, at £17,000 for the standard van model. However, there are ways to get your business using this van without paying the full price, and that is van leasing.

By taking out a Renault van lease, you can seriously save some money for your business, while still getting the latest model Trafic vans. With a Renault Trafic lease you pay a monthly fee for the van rather than paying £17,000 for your own van, plus you still get to benefit from the huge number of security features that come with the Trafic van.

Many businesses have found that by leasing your vehicles, you can save a large amount of money for your business. Particularly for new companies, rather than having big new vehicle bills hanging over your head, you simply pay monthly for as long as you want to use the van for. Leasing is a great way to supply your business with the best vans at an ideal price.

Modec, a Coventry based electric van company, announced yesterday that they had won a contract with a French van distributor for £3m. This news closely followed the announcement that their urban delivery van was the first to gain EC Whole Vehicle Type Approval. What this means is that the delivery van can be sold to any EU country without having to go through more tests.

Tesco’s, UPS, FedEx and Center Parcs are just a few of Modec’s UK clients. Modec can now add ElecTruckCity to their client list.

ElecTruckCity will now be the first French van distributor to stock Modec vans. Bill Gillespie, chief executive of Modec, said this about the deal: “International demand for Modec is extremely strong. ElecTruckCity has taken the first step by setting up a distribution network in France and we are very excited about the future of the French market.”

The vans that were bought by ElecTruckCity were the popular urban delivery vans. Modec currently have over 150 delivery vans around the streets of the UK, owned by a number of clients including Center Parcs. These Modec delivery vans are becoming ever more popular because they have been design for the city. The urban delivery van costs around 15p per mile, compared to 37p for a petrol powered van, and can traval 100 miles using the lithium battery.

The vans also can save more than 9 tonnes of CO2 every year which can help companies like Tesco reduce their emmissions.

As these Modec vans become ever more popular, it appears that the common vans that you see around like Citroen vans or Nissan vans will have alot of competition as more and more companies want to get greener.

Modec are targeting the tipper van market with their brand new electric powered tipper van. The new tipper van has been designed for local authority refuse collection. No doubt these will start becoming popular as more councils try to become greener.

I also wouldn’t be surprised if we started to see an increase in van leasing companies that are investing in Modec vans as alot of companies that are currently leasing their vans may be interested in a cheaper, more greener alternative.

The credit crisis is at an all time high and people all around the world are looking for ways to save money. One of the best ways that this can be done is by people cutting down on transportation costs.  Sharing Car Program clubs is something that has majorly grown in popularity over the last few years, instead of committing yourself to any contracts or spending a fortune to buy a car, you can actually use a type of pay as you go vehicle. What you do on most occasions is book a car, get the address of the closest one near to you and then drive away.

But what are the true benefits from this type of system and can you benefit from them? Let us take a brief look at what will suit you the best.

Buying a Car
There is nothing better than having the feeling of owning a nice car; you never have to worry about going anywhere because you always know that you are going to have your handy friend there. But it’s all very well and good until your car decides to break down on you. You end up paying a fortune in repairs and on top of this you have to pay for tax, insurance, MOTs and not to mention that if you live in a city it is going to cost you a fortune for parking and charges.

Leasing a Car
Something that is getting a lot of attention lately is car leasing, you simply do not have to worry about any costs as all breakdowns and services are covered by the leasing company. All you have to worry about is driving a brand new vehicle.

Car sharing
Vehicle Sharing is getting very popular and it can be quite good if you are not a very heavy car user. If you need to use a car for a few hours a week or a few hours in a month then this definitely could be your option. But if you are of course looking to use it for more then a day or so then the fee will soon add up and you may end up paying quite a bit.

Do you want to Buy a new BMW or Buy a Toyota