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This week the NAMA car and commercial vehicle data reports have been published. The car report shows that during May the average value of used cars sold at auction across the board rose 5.2% from £5,153 to £5,420. Whilst the commercial vehicle report shows that during May the average values of used LCV’s at auction across the board increased by 5.1% from £4,685 to £4,924 between April and May.
We have also included in this week’s news a legal update advising you of important changes to the Distance Selling Regulations. If you have any queries on this please contact email@example.com
Finally, as always, the NFDA is here to advise and assist you. Don’t forget we have the NFDA compliance service available to guide you through the new FCA regime for consumer credit. Please contact us if you need help with this or any other aspects of your business.
Sue Robinson, Director