Articles in Category: Motor

Motor Trade Made Simple - VAT Explained

Motor Trade Made Simple - VAT Explained

Insert a tyre screeching sound effect here! Although I can ramble on forever about business issues, ultimately I am here to share knowledge which you find useful and can apply to your own situation and business.

So if you want me to cover a specific topic or have a specific question please let me know. So this is where I go off track, I’ve been asked to cover VAT by some of our motor traders, so here we go………………………………..

Motor Trade Insurance Explained - Know the Small Print - Excesses

Motor Trade Insurance Explained - Know the Small Print - Excesses

Motor Trade Insurance Explained – Don’t get caught out by Insurance small print!

Insurance is a necessary evil, it’s there to support and protect your business when the worst happens.  Most trade policies will include an excess or co-insurance clause and it’s vital that you understand the finer details of your policy or you could find yourself left with an unexpected expense should you need register a claim. 

How to Compare Motor Trade Insurance

How to Compare Motor Trade Insurance

When you are buying even the most simple product it can be difficult to ensure you are comparing apples with apples, but when review an important business purchase such as trade cover things can become even more complex.

Motor trade insurance - "Under the bonnet" of Trade Plate Insurance

Motor trade insurance - "Under the bonnet" of Trade Plate Insurance

Motor Trade Insurance – Find out more about of Sales / Service Indemnity Cover and why you might need it!

In our “under the bonnet” series we have pulled together some of the common questions we're asked by clients when arranging their Traders Insurance.  The business insurance world can be filled with jargon, but behind the complex terminology is a much simpler explanation!

Car Dealers - Viva the Digital Revolution

Car Dealers - Viva the Digital Revolution

Some motor traders may be happy to bury their heads in the sand, but the digital age can bring a wealth of opportunity. However, to take advantage, you need far more than a DIY website and an email address – those winning the internet race have fully embraced e-sales into their sales processes.

Crash & Flash-For-Cash Scams - How Are They Impacting Fleet Insurance?

Crash & Flash-For-Cash Scams - How Are They Impacting Fleet Insurance?

Keeping your vehicles on the road and controlling cost is a key part of running a business.  Whether you run a logistics operation or a fleet of cars for your sales force, if your vehicles are off the road it can seriously impact your bottom line.  A significant and growing problem across the UK is motor insurance fraud and it is important that you educate your drivers and take steps to minimise the risk to your business as well as potential increases to your Motor Fleet Insurance.

Car Valeters - Our top #5 Motor Trade Insurance Claims

Car Valeters - Our top #5 Motor Trade Insurance Claims

The problem with Insurance is that it only becomes real when you suffer a claim or loss, or as we like to call it the “moment of truth”.  This is all well and good, but ideally you want understand where risk might exist BEFORE a claim occurs.

For many of our car valeting clients, the simplest way to visualise your exposures is to look at the most common claims scenarios, as such, we have listed below our top five motor trade insurance claims specific to the car valeting sector.

Motor Traders - Delight Customers & Keep Ahead of Main Dealers!

Motor Traders - Delight Customers & Keep Ahead of Main Dealers!

If you own or run an an independent car sales business, bodyshop or vehicle repair centre the best way to keep ahead of the competition is to truly delight your customers and stand our from the large chain dealerships.

As margins tighten on car sales, main dealers are increasing their focus on after-sales, to keep in front of the pack you need to deepen customer relationships and stand-out at every touch point.

Don't let Motor Trade Insurance worries stop you taking an apprentice!

Don't let Motor Trade Insurance worries stop you taking an apprentice!

The Government plan to support apprenticeship schemes across the UK has been well received by the motor industry and whether you’re a car dealer or body shop, this could be an cost-effective way to develop the skills you need to secure the long-term stability of your business. 

However, many traders are concerned that they may struggle to arrange insurance or suffer significant premium increases if they employ a driver under 25 and have steered clear of apprenticeship opportunities.  This need not be the case and the financial benefits of a strong apprenticeship programme can far out-weigh any additional insurance cost.

Motor Trade Insurance - Sales / Service Indemnity - Under the bonnet

Motor Trade Insurance - Sales / Service Indemnity - Under the bonnet

Motor Trade Insurance – Find out more about of Sales / Service Indemnity Cover and why you might need it!

In our “under the bonnet” series we have pulled together some of the common questions we're asked by clients when arranging their Traders Insurance.  The business insurance world can be filled with jargon, but behind the complex terminology is a much simpler explanation!