Fleet News

S-plate worries as nearly-new cars surface

FEARS are mounting that manufacturers will force the August market to meet their bullish forecasts - as nearly-new S-plate cars are discovered. Early indications from both car makers and dealers suggest forecourts have been much quieter than expected in the first half of the month.

Many customers are thought to have gone away on holiday after the World Cup and the poor early summer weather. This does not bode well for a market predicted to exceed 525,000 registrations, and compromising circumstantial evidence is already coming to light that sales figures are being manipulated.

Research by Fleet NewsNet found S-plate cars were available on 'nearly-new' contract hire from Lex Vehicle Leasing just one week into the new registration letter, while National Car Supermarkets was selling a batch of S-reg Toyota Starlets, although these had apparently been imported from Southern Ireland.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee