23-plate debuts. February’s used car values with cap hpi’s Derren Martin. Are car leasing firms overcharging? Genesis goes physical after all!

Motor Trade Radio: 4 March 2023, E15, S09

?If you enjoyed this week’s Motor Trade Radio podcast, powered by eBay Motors Group, and want to dig deeper into our featured headlines, then here are the links to all the stories.

23-PLATE NEWS ROUNDUPS

CAR DEALER

https://cardealermagazine.co.uk/publish/showrooms-put-on-a-show-for-customers-as-first-23-plate-vehicles-roll-off-the-forecourts/280556

AM ONLINE

https://www.am-online.com/news/dealer-news/2023/03/01/car-retailers-bid-to-recreate-excitement-of-dream-of-number-plate-change-day

FULL DERREN MARTIN INTERVIEW

https://motortraderadiocom.libsyn.com/motor-trade-radio-february-2023-used-valuations-special-with-derren-martin-director-of-valuations-cap-hpi-episode-14-season-9

Check out February’s used car pricing trends with cap hpi’s valuations guru.

AM ONLINE

UK Government’s EU Windsor Framework deal to ‘protect NI second-hand car market’

https://www.am-online.com/news/latest-news/2023/02/28/uk-government-s-eu-windsor-framework-deal-to-protect-ni-second-hand-car-market

Prime Minister Rishi Sunak?has asserted that the UK Government's new Windsor Framework deal?to refine post-Brexit arrangements for Northern Ireland will “protect” the country’s second-hand car market.

SKY NEWS

Drivers leasing new electric cars being overcharged by hundreds of pounds each month, claims clean transport group

https://news.sky.com/story/drivers-leasing-new-electric-cars-being-overcharged-by-hundreds-of-pounds-each-month-claims-clean-transport-group-12821578

Drivers leasing new electric cars are being overcharged by hundreds of pounds each month, it has been claimed. Companies have been accused of failing to reflect the strong resale value of cleaner cars when they set their prices, according to clean transport campaign group Transport & Environment (T&E).

FLEET NEWS

Fleets 'overcharged' for electric vehicles | BVRLA hits back at T&E claims

https://www.fleetnews.co.uk/news/latest-fleet-news/electric-fleet-news/2023/02/28/fleets-overcharged-for-electric-vehicles-bvrla-hits-back-at-tande-report

Fleets are being overcharged to lease battery electric vehicles (BEVs), with leasing companies too conservative when setting their monthly rentals,?new research suggests. Analysing 2.7 million used car prices in Europe’s biggest markets, including the UK, Transport and Environment (T&E) claims that the residual values (RVs) being assumed by leasing companies are not in line with market data.

CAR DEALER

Genesis reveals plan to create UK dealer network in dramatic switch from purely online car sales

https://cardealermagazine.co.uk/publish/genesis-reveals-plan-to-create-uk-dealer-network-in-dramatic-switch-from-purely-online-car-sales/280522

Genesis has revealed plans to build a dealer network as it seeks to boost sales and brand awareness in the UK.

PLUS

Stephen Whitton’s [M]enable Moment

Contact Stephen by emailing him at?[email protected]?or visit Menable online at?https://menable.org/

We hope you enjoyed this week’s roundup of the big car retailing stories. Catch?#AllTheChatterThatMatters?Saturday mornings on the Motor Trade Radio podcast, powered by eBay Motors Group.

Click?here?for the latest episode.