Automotive Manufacturers – The Perfect Partnership

The idea of automotive manufacturers working together isn’t new. In this day and age, the research and development of new vehicle technology can cost billions of pounds. Automakers need to find ways of cutting costs when designing a new vehicles such as collaborating with other industry experts who share similar goals. BMW Group Initially producing […]

MOT Test Changes 2018 – What you need to know

The MOT test changed on the 20th May 2018.  New defect types, new test items, a 40-year-old exemption and stricter rules for diesel car emissions have come into force, this is the most significant change for nearly 60 years. Changes in Defect Categories Defects found during the MOT of cars, vans, motorcycles and other light passenger […]

Which manufacturers are going electric and when?

So far, the electric car landscape has been simple – Tesla and the Renault-Nissan Alliance (think Renault Zoe and Nissan Leaf) were the leaders in pure electrics while Toyota and Lexus dominated in hybrids. But now most of the world’s leading car-makers have announced plans for extensive electrification, announcements that mirror similar targets set by […]

Our Favourite Electric Cars Available Now

Since the introduction of the Government’s Plug-in Car Grant in 2011 registrations of electric cars has grown dramatically with 200,000 set to be on the road by the end of 2018. Fleets and businesses are leading the charge for plug-in cars and vans with more than 70% of EV registrations being made to UK businesses. Deciding what […]

Company Car Tax Table – 2018/19 to 2020/21

Company cars like many business benefits are taxed, this is called Benefit-In-Kind (BIK) Tax. As company cars are an additional taxable benefit they fall outside of your standard National Insurance tax contributions. The amount of company car tax that you will pay is based on a range of factors, including annual earnings, the cost of […]

Let’s Talk Autonomous Technology

The automotive industry has undergone a tectonic shift in recent years. Traditional automotive manufacturers have had to rethink consumer wants and needs. Expectations around features and mobility are higher than ever before driven by rapid technological development in the consumer electronics market. Autonomous driving pioneered by companies like Tesla has created a consumer need for […]

A New Electric Contender – The Jaguar I-Pace

Up until now, there has only ever been one contender when looking for a premium electric SUV- the Tesla Model X. Things have now changed. The new Jaguar I-Pace is the first pure-electric model from the Coventry-based brand and sets the standard for a range of forthcoming electrified Jaguars. All Electric Drive The I-Pace all-wheel-drive […]

Pre-Registered Vehicles Explained

You may have come across the term ‘pre-registered’ when looking at your next lease vehicle. This is the term often used to refer to a car or a van that has been registered prior to lease or sale. This is often done to achieve preferential levels of discounts directly from the manufacturer with the assurance […]

Six of the best choices for your next fleet car

What makes a good fleet car? It isn’t a trick question but it is a surprisingly difficult one to answer. The answer is going to depend on exactly what you require from your car. How many miles do you cover? Are they short or long journeys? Are you likely to be affected by congestion charges […]

Capital Allowance Changes 2018

Capital Allowance is a deduction that can be taken from a company’s overall corporate or income tax on profits. You can claim Capital Allowance on cars you lease and buy in your business. Depending on the car’s emissions you can deduct the full or part value of the car from your profits before you pay […]

New VED (Road Tax) 2018 – The Diesel Increase

The VED (Road Tax) for new diesel cars is changing. Under the current VED (Road Tax) system, issued in the Spring Budget of 2017, new cars registered after April 1st, 2017 pay a one-off tax charge for the first year based on their carbon emissions in a CO2-based tax band system. From the 1st April 2018, new diesel cars […]

Autumn Budget 2017 – What it means for fleets

Company Car & Van Tax There will be an increase in company car tax on diesel cars that do not meet the Real Driving Emissions Step 2 (RDE2) standard. This will be an increase from the current 3% supplement to 4% and will come into effect from 6th April 2018 and will only affect cars, not […]

Plug-In Grant Eligible Electric & Hybrid Vehicles

The government plug-in grant was introduced to bolster consumer uptake of new electric or plug-in hybrid models by providing up to £4,500 off the list price. There are 6 categories of grants available, each grant is dependent on CO2 emissions and electric-only range. Eligible Vehicles – Category 1 Cars Category 1 cars are eligible for the highest grant available. This […]

“Dirty Diesel” Surcharge Plans for Parking Permits in Edinburgh

Edinburgh City Council has started a consultation process to apply a surcharge to diesel vehicles with issued parking permits. This could affect an estimated 8,000 permit holders. ] The consultation process is now open until the 28th January. The consultation has come days after London introduction of a £10 toxicity charge on the most polluting vehicles. […]

Smart Motorways Explained

You may have seen the increasing presence of smart motorways on UK roads, these are a technology-driven approach to the use of motorways. A smart motorway is a section of motorway that deploys traffic management methods in busy areas to reduce congestion and increase capacity. The latest smart motorways are designed to ease traffic flow […]

New ‘Real World’ Emissions Test Introduced

The way emissions are tested in new cars has changed. The current Europe-wide NEDC (New European Driving Cycle) test is being replaced by the WLTP (The Worldwide Harmonized Light Vehicles Test). Introduced in the 1980s, NEDC is based on theoretical driving rather than real driving data. WLTP resolves this by measuring C02 emissions, pollutants and fuel consumption. Manufacturers […]

Euro NCAP Explained

You may have heard of NCAP car safety/star ratings when considering which new car you should choose. The guide below explains what NCAP is and the associated test process. Euro NCAP (European New Car Assessment Programme) is an independent crash safety body set up to rigorously test the crash safety of new cars, the aim being to […]

Brexit/Industry Challenges Facing BVRLA Members

With Brexit negotiations only just starting this is an uncertain time for all UK businesses, with BVRLA members (British Vehicle Rental and Leasing Association) being no exception. It is therefore imperative that the UK government recognises the significance of the current single market arrangements to the automotive sector. The UK’s changing relationship with the EU single […]

The Electric Revolution – Fleet Benefits

Company car tax is intended to encourage employers and company car drivers to choose cars with lower levels of CO2 emissions, with a range of incentive offered to both employee and the employers. This has historically lead to a big increase in the number of diesel cars on UK roads, around half of new cars registered […]

Speeding Fine Increase

The fines received for being caught speeding are rising today – Monday, 24 April 2017. Drivers in England and Wales will now face increased speeding fine changes across the board which could be extremely costly for drivers. The increase in fines follows a review of the sentencing guidelines given to magistrates’ courts by the Sentencing […]

Duty of care to fleet drivers – Your responsibilities as a Manager

As a provider of a company vehicle to an employee, it is your responsibility and duty to both the driver and your company to ensure that the driver is fit and able to carry out his duties whenever he/she is driving on company business. To ensure this is the case a risk assessment of each […]

2017 VED Road Tax Changes

Vehicle Excise Duty (VED) commonly known as road tax is changing. The substantial change to the system includes a switch to new road tax bands which will affect anyone buying a new car from 1st April 2017. The new rates will not affect any car registered before 1st April 2017. This creates a predicament for […]

Mobile Phone Crackdown – New Penalties Introduced

New penalties announced by the Department for Transport aimed at punishing drivers for using a mobile phone behind the wheel will come into effect from Wednesday 1st March 2017. Offenders will risk a £200 fine and six driving licence penalty points for texting, making phone calls without a hands-free kit or using any form of social media […]

Vehicle Funding Guide

At Gofor Finance we offer industry-leading services, including maintenance add-ons to your monthly/contract, hire rental price. This includes maintenance and replacement of vehicles, roadside assistance, motor insurance and accident management. We’re here to help so get in touch if you have any questions or would like any advice. The Vehicle Funding guide below discusses Contract Hire, […]

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