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    • March 2020
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      • Top 5 tips for new motor traders
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    • August 2016
      • Are ‘bottomless brunches’ encouraging drink driving?
      • Authorities say action is needed as drink-drive figures stall
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    • September 2016
      • Bad driving habits you might not know are illegal
      • Consumers switching cars more often than mattresses
      • DVSA to stop official taxi driving tests
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      • Leap in pre-registration activity predicted by dealers
      • London Mayor announces plans for 100 new London taxi ranks
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      • Study suggests older motorists are not more dangerous than younger drivers
    • October 2016
      • 10-year high in the number of drunk drivers involved in accidents
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What cars have the best resale value?

More than two million used cars changed hands in the first few months of this year, shows data from the Society of Motor Manufacturers and Traders (SMMT). To be exact, there were a total of 2,020,144 transactions during this time, with March proving to be a particularly high-performing month in terms of sales.

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Top 5 tips for new motor traders

A report from the Society of Motor Manufacturers and Traders, cited by Motor Trade Insider found that here in the UK, the motor trade industry turns over a staggering £64.1 billion every year. Not only that, but more than 770,000 are employed by the industry.

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© 2022 Insurance Factory. Insurance Factory is a trading name of Insurance Factory Limited, registered in England and Wales (No. 02982445). Registered Office: Markerstudy House, 45 Westerham Road, Bessels Green, Sevenoaks, Kent TN13 2QB.
Insurance Factory Limited is authorised and regulated by the Financial Conduct Authority (No. 306164).

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