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STAY INFORMED: THE LEASING MARKET CHANGES ON A DAILY BASIS, FROM NEW VEHICLE LAUNCHES TO CHANGES IN LEGISLATION.

Fleets fuel market but only four weeks left to fix EV trade challenge

Of the 24,359 new BEVs reaching the road in November, 77.4% were taken on by fleets and businesses. While overall BEV volumes fell by -17.1%, leading to a reduced market share of 15.6%, last November was atypical with significant deliveries following supply chain disruptions. Year to date, BEV uptake is up 27.5% with a 16.3% market share – expected to rise to 22.3% next year.

Is salary sacrifice a risk management blindspot?

As the sal sac fleet expands quickly, you could lose control of it. Employees choosing sal sac might have come out of private cars, and so this is their first experience of a leased vehicle, and the particular demands of looking after that,” said Goldin. Risk management applies to salary sacrifice as much as to conventional company cars: employees that don’t look after their cars, cost a lot in repairs and servicing will result in the employer paying more for insurance and the provider upping maintenance package charges over time.

Testing times ahead – but motor trade’s legendary resilience will see it through

As we enter the tail end of the year, we’re starting to see a downturn in activity. Car prices are stagnating and dealers are being more cautious about what they buy. The Israel-Hamas conflict is exacerbating this, creating even more uncertainty in the market. Supply chain delays are also continuing to prove a challenge. In some cases, it can take dealers two months to get a car through their workshop and out on to the forecourt. In that time, they might see a 10% price drop which clearly affects their profit margin.

The Federation helps promote the work and successes of brokers.

MARTIN BROWN

Fleet Alliance

About the Federation

The Leasing Broker Federation is an independent membership organisation supporting leasing brokers and operators across the UK. The Federation strives to better equip the business owners and brokerage employees with knowledge and skills that will allow them to keep pace with the challenges of working within this growing sector.

It also provides a business community environment for all market relevant companies, such as Leasing Companies, Funders, Manufacturers, Service Suppliers and Dealerships, looking to build and maintain mutually beneficial business relationships. These companies make up our Federation Partner Network.

The fundamentals of the Federation are to support the leasing broker sector and to help the membership to improve their businesses, by providing the following:

  • Knowledge – providing up to date industry information, latest news and feature articles.
  • Learning – provided through sector research, soft skills and technical training, workshops and an annual conference.
  • Networking – facilitated through a ‘Meet the buyer’ event, regional dinners, workshops and the annual conference.
  • Partnerships Development – build new business partnerships through our Federation Partner Network.

Membership Services – support services such as: Marketing and Business Development, Advertising, HR, Compliance, Research and Training.

Events

CLICK BELOW TO FIND OUT MORE ABOUT OUR LATEST EVENTS

Our Services

SEE BELOW A RANGE OF SERVICES TO SUPPORT THE AUTOMOTIVE BROKER INDUSTRY.

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Research
training
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Training Hub
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Advertising
AR
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Appointed Representative
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Vehicle Procurement

Our partners

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APD Research & Conduct Compliance

Customer satisfaction feedback and conduct behaviour compliance programmes that protect brand reputation and evidence FCA requirements.

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Carmmunity

Carmmunity are a terms holder that source and supply Ford, BMW, MINI, Hyundai, Peugeot, Renault, Nissan, Citroen, MG, Mazda, Cupra, Suzuki, SEAT, Vauxhall, Kia, Volvo and LEVC with additional brands in the pipeline for contract hire, personal contract hire and business contract hire to Leasing Companies and Brokers in the UK, via direct manufacturer and/or dealer support terms. This is done through its modern digital procurement platform.

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Citrus Funding

At Citrus we offer the ideal solution with our FCA authorised Principal Network, giving our customers the opportunity to trade under our regulatory umbrella as an Appointed Representative

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Leasys

Leasys offers a complete and innovative system of mobility services to individuals, professionals and businesses of all sizes: from medium to long-term rentals.

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MoneyPenny

The World’s Leading Answering and Live Chat Service

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Project EV

Looking for the best electric vehicle charging points? Look no further…

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Accelerate Broker

An advanced solution for ambitious service-focused brokers featuring workflow automation, document production, contract/fleet management, own book calculation features and more.

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Wessex Fleet

Have you thought about growing your broker business? Are you looking for opportunities for growth? Then why not consider joining Wessex Fleet as an Appointed Representative?

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