Author: David Henderson

VAT Margin Scheme Reinstated For Used Car Dealerships in Northern Ireland

The UK government has confirmed that the VAT Margin Scheme will be reinstated for used car dealerships in Northern Ireland, a move that has been welcomed across the industry.

Yesterday’s announcement comes after an intense lobbying campaign from independent used car dealerships, local MPs, and the NFDA (National Franchised Dealer Association).

Following our significant lobbying efforts, it is extremely positive that the Government has confirmed HMT and HMRC will reinstate a margin scheme which will avoid an immediate price increase for thousands of second-hand vehicles and the resulting detrimental impact on dealerships and consumers in Northern Ireland as well as Great Britain

NFDA chief executive Sue Robinson

VAT margin schemes available to used car traders in Northern Ireland allows them to pay VAT on the profit earned in the sale of a motor vehicle, rather than its entire value. A significant difference ranging between hundreds and thousands of pounds.

Losing this scheme would see profit margins significantly reduced, if not entirely wiped out. The scheme also makes it more affordable for used car buyers, as they pay much less VAT than the 20% imposed on new vehicles.

Without yesterday’s announcement of the reinstatement, the VAT margin scheme would have remained unavailable to traders operating in Northern Ireland who purchase their stock in GB.

Michael Gove MP confirmed yesterday in parliament…

“HMT and HMRC will reinstate a margin scheme to ensure that NI customers need pay no more than those in any other part of the United Kingdom”.

Michael Gove MP

Save Hours Every Week By Automatically Posting Your Vehicles To Facebook

After a huge effort from our team, we’re excited to announce that our latest release containing a suite of automated Facebook publishing features is finally here!

Time is scarce for most independent used car dealers. That’s why we have spent months carefully building a set of features to save you hours every single week by taking care of that manual, repetitive process of posting your vehicles to your Facebook Page.

We have released a number of features that help you automatically post to your page without any extra effort. It really is as easy as flicking a single switch and letting Carlover MyDealer do the rest.

Why not check them out for yourself?

Save Hours Per Week With Automated Posting

The Power of Repeating Posts

Schedule Posts When You’re Not Around

If you would like to discuss how this could save you time through automated Facebook publishing, please feel free to get in touch. We’d be happy to chat.

Spending Too Much Time Posting to Facebook?

Today marks an exciting day for all Carlover MyDealer customers. Our much-anticipated automated social media publisher for Facebook is set to be released on Monday 28th September 2020.

We’ve been working hard building and testing this latest feature based on feedback and steer from you, our customers.

We understand the immense value that a Facebook presence can bring to a used car dealership. We also understand how time-consuming it can be to manage all of your profiles while still running every aspect of your dealership.

This is why we embarked on a journey to build an industry-leading Facebook publishing feature that can truly automate your posts. Carlover MyDealer can drastically reduce the number of manual posts required to manage a successful Facebook Page. The objective; to save you time and allow you to get back to what you do best… selling cars.

It’s part of our DNA to make things simple for our customers. So, as of the 28th September 2020, you can flick a switch, sit back, and enjoy automated vehicle posts directly to your Facebook Page at peak times throughout the day.

In addition to this, you can also automatically update your followers with ‘What we have in stock’ inventory posts. Again, all at the flick of a single switch.

To save you having to manually repost vehicles back onto your Facebook Page time and time again, we’ve introduced features to do this for you. You guessed it, simply flick a switch and it’s done for you. All built into our existing add vehicle pages meaning there is no additional effort or technical know-how required. You can even get creative and send your customers regular ‘repeating posts’ with alternative content such as the services you offer and the competitive finance packages you provide.

This is how our Co-founder John describes this latest release.

We continually invest in our platform, building the features that you want to see. In this release, we’ve created an industry leading automated social media management tool that is going to save you a heap of time and help you post more consistently to your accounts.

John Loughrey, Co-founder

As always, we would love to show you how Carlover MyDealer can help save you time, automate posts and improve your Facebook presence.

If you would like a demo of our software please do get in touch and one of our friendly team will be happy to give you a demo. Or alternatively, check our dedicated dealer website for more information.

We look forward to hearing from you!

While You’re Here

Why not check our article on how to gain Facebook Enquiries with a few simple tips?

Sell more cars on Facebook marketplace using these stats

Facebook Marketplace is undoubtably one of the most exciting and fastest growing classifieds in the world (right after our own of course!). It has one of the largest audiences that exists on social media and is a brilliant way to advertise your stock to a mass audience.

So, what vehicles are the most attractive to buyers on Facebook Marketplace? Well, it just so happens that we’ve done the hard work for you with an analysis of the most popular makes, model, price and mileage ranges.

We love to analyse data and understand buyer behavior. Below we’ve summarised a number of categories that have generated the most enquiries during the lockdown period.

top 5 Most Popular manufacturers

RankManufacturer% of Enquiries
1BMW12.2%
2Mercedes-Benz10.8%
3Audi10.6%
4Volkswagen10.2%
5Ford10.1%
As you can see, BMW is clearly leading from the front!

top 10 Most Popular Models

RankManufacturerModel% of Enquiries
1Mercedes-BenzE-Class3.6%
2BMW3-Series3.4%
3Volkswagen Golf3%
4BMW5-Series3%
5FordTransit Custom2.6%
6Mercedes-BenzC-Class2.5%
7VauxhallVivaro2.3%
8AudiA42.1%
9FordTransit1.7%
10BMWX51.6%
The E-Class leads the way with some unexpected appearences from the commercial players.

Most Popular Price Ranges

RankPrice Range% of Enquiries
1£5k – £7.5k21.2%
2£10k – £15k18.6%
3£7.5k – £10k15.2%
4£2k – £3k9.5%
5£4k – £5k8.4%
6£3k – £4k8.1%
7£15k – £20k6.9%
8£1k – £2k5.6%
9£20k +5.1%
10£0 -£1k1.4%
The most attractive price on Marketplace are vehicles priced between £5k and £7.5k.

Most Popular mileage ranges

RankPrice Range% of Enquiries
1100k +35.7%
275k – 100k25.1%
350k – 75k22.4%
425k – 50k11%
50 – 25k5.9%
As you can see, higher mileage vehicles outperform their lower mileage counterparts.

If you’d like to advertise your stock on Facebook Marketplace, get in touch. Carlover is a Facebook Marketplace Automotive Listing Partner. That means we can automatically publish your stock to Marketplace using our brilliant stock publishing platform.

Check our video tutorial on how easy it is to publish to Facebook Marketplace using our stock publishing app, MyDealer.

Carlover is Growing!

Carlover is growing

Today I wanted to give you an update on our progress and growth here at Carlover.

As you will know, starting a business at the best of times is a challenging experience. Combined with the huge uncertainly that COVID-19 has brought upon the world has made this journey more difficult.

That said, we’ve persevered and managed to not only sustain our business but actually grow it. This success is down to the incredible team we have here and our customers desire for a much-needed change. Our teams’ long hours and dedication to providing you with a service you deserve is unrivaled.

We channel this passion into our products every day to solve actual problems and create new opportunities for you to connect with new customers and sell more cars. We’ve got some huge developments on the horizon that we’re excited to be sharing with our customers very soon!

Our Advertising Platform

Our advertising platform continues to grow showing month on month increases. We have now surpassed and secured over 3 million vehicle views and over 4,000 enquiries for our customers.

Stock levels are growing and we’re approaching the same levels that Auto Trader has in Northern Ireland. And as you can imagine, we’re very happy about this! Our ambition is to overtake Auto Trader in terms of stock levels by September of this year.

MyDealer Stock Publisher

MyDealer, our incredible stock publishing platform has, and is continuing to evolve to help you manage and advertise your stock with less effort. We’re now a Facebook Marketplace Inventory Listing Partner and can automatically advertise your stock to the biggest social media audience in the world.

We have also redeveloped our Facebook Page integration making it even easier to automatically publish your stock to your Page at no additional effort. Easy!

We’re continually adapting and extending MyDealer. Exciting new integrations are in the pipeline and we’ll be letting our customers in on this exciting news very soon.

Even Better Dealer Websites

We believe our dealer websites represent the best value for money in the market. We deliver premium templates with a premium personal service at a fraction of the cost of our nearest competitors. These beautifully designed templates are built to last and work perfectly on mobile to maximise engagement among your own customers.

Many customers have seen this already and jumped on the opportunity to work with us. Especially during COVID-19 where we continue to support our customers with free advertising and websites during this tough time.

Last words

Everything we do, we do for our customers. We want to involve you in defining our roadmap and deciding what we build next. We’d love to talk and hear your feedback and what you want to see come next for Carlover. We’re excited about the future and hope you are too!

Get in touch and we’ll be happy to chat.

29.05.20 | AN UPDATE FROM ONE OF OUR FOUNDERS

We hope you are all continuing to stay safe. This weeks announcement comes from David Henderson on COVID-19, getting back to business again and how we’re continuing to help our customers.

UPDATE: It has now been announced that car dealerships in Northern Ireland can open as of the 8th June 2020. A great milestone for the motor trade here.

Soon to expire driving licenses to be extended

It has been announced that motorists in Northern Ireland whose driving licences are set to expire are set to have an extension for seven months.

The extension applies to those licenses with an expiry date between February and August of this year. Unfortunately, this extension does not apply to taxi drivers as they are not covered by the EU driving licence directive.

It was announced by Infrastructure Minister, Nichola Mallon who said this will come into effect in the coming days under EU rules. The change will be automatic with no action required by the driver.

She said…

“I understand that for many people at this time in particular, having a valid licence allowing them to drive for essential journeys or to ensure they can continue to work, is vital.  

“This new EU Regulation provides a practical solution to a very real problem and ensures that those in this situation can remain on the road without having to worry about getting a renewal application processed, which for some requires a medical assessment. It will also help any customers who could not access or were finding it difficult to renew their licence online. 

“Road safety is my key priority and I would therefore remind all drivers that they have a responsibility to notify the Driver and Vehicle Agency (DVA) if they have a new or worsening medical condition or disability that may affect their ability to drive.”

Stay up to date on all vehicle related matters on this blog and our social media channels.