Category: Vehicle Finance

Mar 14

Would you buy a used car off this industry?

2014 started with some good news for the British Car Industry and for Vehicle Finance. The latest figures announced by the Society of Motor Manufacturers and Traders show that car production rose 3.1% in 2013, surpassing 1.5 million units. This is the highest volume since 2007, and is a positive sign that the UK economy …

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Permanent link to this article: http://transformingfinance.eu/would-you-buy-a-used-car-off-this-industry/

May 20

Get Set for Leasing Systems Shake-up.

Update May 2013: Since the publication of this article in December 2010, there have been significant delays to the re-drafting of the Lease Accounting Standards ED1. The Re-Exposure Draft was finally published in  May 2013 and, as expected, that it still contains significant changes for both Lessees and Lessors, including many of the issues discussed in this article.     Will IT …

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Permanent link to this article: http://transformingfinance.eu/get-set-for-leasing-systems-shake-up/

May 11

Share and Share Alike

For Vehicle Finance, 2013 started quickly with the news on 2nd January that ZipCar, the world’s largest car-sharing network, had been acquired by Avis Budget Group for nearly $500m. At first this would not seem to be of that much immediate impact to funders, but it is a significant step for the whole car industry, …

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Permanent link to this article: http://transformingfinance.eu/share-and-share-alike/

Jan 06

Keeping Tags On Your Assets

Some old fashioned truths were brought to the fore at LeasingWorld Expo, which lead Nic Evans on to a high tech solution for a very current industry challenge. “Mark your card” said the magician. I wrote my initials and a smiley on the four of clubs before holding it firmly down on the bar in …

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Permanent link to this article: http://transformingfinance.eu/keeping-tags-on-your-assets-2/

Jun 01

Achieving efficiency in a new dimension

My introduction to pan-European finance technology came on the day Europhile Tony Blair became prime minister. After casting my vote, I drove to my companies newly opened Paris office to struggle with installing a French version of Windows 95 from 24 floppy disks. Since then I have become well versed in the benefits and practice …

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Permanent link to this article: http://transformingfinance.eu/achieving-efficiency-in-a-new-dimension/