Car Rentals » Entries tagged with "contract hire"
Shortage of Supply Leads to Increased Value for Used Cars
A shortage in the supply and availability of used cars has led to an increase in their value. Vehicle valuation data provider CAP Motor Research Ltd., responsible for providing vehicle valuation data to the motor industry, has revealed that the normal 15% per year depreciation in used car prices has been reversed. Normally there is a steady depreciation in the prices for used cars. But 2009 has seen used car prices actually increasing month to month by about 3.5%. This is resulting in significant increases in used car valuations. While this trend isn’t good for anyone looking for a bargain its great for those wishing to sell their cars. The increase in the prices of used cars throughout 2009 is completely unprecendented. There’s been around 25 to 30% increase in … Read entire article »
Filed under: Cars Overview
Advice On Getting Your Work Van Completely Covered
For many businesses, their work vans are used everyday to transport goods, equipment and people, and they would really struggle without them. Pretty much every van owner will tell you just how integral their wheels are to their business and how much disruption is caused when they haven’t got access to them. Most vehicle owners can rely on basic insurance to cover them but it is not so straight forward for tradesmen. There are various elements they need to ensure have proper cover, despite whether have bought the van or using van contract hire. Vehicle insurance. All vehicles on the road need to have a certain level of insurance to protect other road users and their vehicles. This basically means their insurance will cover will pay for any damages that … Read entire article »
Filed under: Cars Overview
Back to work for Honda staff at Swindon
Thousands of workers at Honda’s Swindon factory have returned to work after the troubles of the car industry forced its closure four months ago. All 3,400 of the returning workers will be taking a pay cut until 2010 but are pleased that their jobs are finally guaranteed after the uncertainty of the last four months. The factory was forced to close while the company decided on the best way of dealing with the problems caused by the global recession and the effect the economic downturn has had on the number of car sales and contract hire agreements. The motoring industry has been hit hardest of all and many car manufacturing companies are struggling to make ends meet, but the situation at Honda and how they have recovered could stand as … Read entire article »
Filed under: Cars Overview
Does the General Motors bankruptcy mean everything will change?
General Motors, one of the world’s largest carmaking companies, has filed for bankruptcy protection in America. For generations General Motors (GM) has been one of the three largest producers of cars in America as well as one of the world’s biggest car companies. Now the car industry is on its knees, and of the three biggest car manufacturers in America two have already been forced to ask the government for protection from their creditors. But what difference will all this make to us? Well, for UK consumers, it probably won’t make much difference. If you have a car that was made by GM, you don’t need to worry about the possibility that you might not be able to get parts for it in the future, as the company has not … Read entire article »
Filed under: Cars Overview
How will we be affected by the General Motors bankruptcy?
General Motors, one of the largest car manufacturers in the world, has filed for bankruptcy with the American government. For generations General Motors (GM) has been one of the big three car manufacturers in America as well as one of the world’s biggest car companies. Now the motoring industry is really struggling, and of the three biggest car manufacturers in America two have now been forced to seek protection from their creditors by declaring themsleves bankrupt. But what does all this mean to us? Well, for car buyers in the UK, the answer is probably not much. If you own a car made by GM, there’s no need to worry about the future of your car and any parts you may need, as the company is still in business and … Read entire article »
Filed under: Cars Overview
