Transforming vehicle lending

By January 1st 2025, all independent used vehicle dealers must become SAF (Specialist Automotive Finance) approved (or equivalent) to continue offering finance through any lender who is a Finance & Leasing Association (FLA) member and…

Electric vehicle batteries should now last 20 years or more on average, according to new data from Geotab, which provides telematics – vehicle and asset tracking solutions to over 50,000 customers in 160 countries.

The cost of buying an all-electric car has been a hurdle for many people very rapidly; this affordability is changing. ‘The average 3-year-old BEV is almost 44% cheaper than in January 2023.’

On July 17th, at the State Opening of Parliament, King Charles III delivered ‘The King’s Speech.’ Written by the Government and delivered by the Monarch, the speech typically sets out bills that the Government intends to introduce to Parliament in the session ahead and other policy priorities that do not require legislation.

The shift to Electric Vehicles (EVs) continues to gain momentum. Whether you are a supporter or not, the reality is that with regulation dictating that the number of EVs as a percentage of new cars sold increases, the availability of petrol and diesel cars on our roads will decline.

Returning for their sixth year, the Motor Trader Independent Dealer Awards will be held on July 11th at the Eastside Rooms in Birmingham. Mann Island is sponsoring the UK Independent Van Dealer of the Year award, another example of its support for the light commercial vehicle sector.

This Motor Trader Podcast in association with Mann Island focuses on Consumer Duty which came into effect in July last year. What sort of impact has it had on dealers? What are the areas the FCA has focused on? What’s on the cards for this year and next? And how can dealers use Consumer Duty […]

It may not happen this year, but the trajectory for diesel sales is very clearly laid out in a report by automotive remarketing experts Cox Automotive assessing the fuel forecast for 2024 -2027, and petrol cars are following the same trajectory, or as the report puts it; “Quite simply, diesel variants are currently drawing their […]

As a finance lender whose roots are firmly linked to the light commercial vehicle (LCV) sector, Mann Island Finance’s deeply engrained empathy for and knowledge of the new and used LCV sector and its distinctive needs is very well established.