News

MotoNovo leads the changes required by the FCA successfully

By 2021, dealers & brokers will need to comply with new changes set out by the FCA including a ban on discretionary commission models. Our new pricing model ‘MotoRate’ has seen 754 dealers convert to this new approach as Mark Standish CEO observes...

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FCA Motor Finance Review – what’s in it for the customer?

Our Chief Credit & Analytics Officer, Stephan  Bothma, explores how the  FCA Motor Finance Review has paved the way for MotoRate and an improved, more transparent customer experience.

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After lockdown: reasons for optimism in the bike community

In March, the Gov announced the Plug-in MotorCycle Grant which will pay for 20% of the purchase price of qualifying zero-emissions motorcycles. Julian Oliver, National Motorcycle Manager shows his optimism for the biking world post lockdown…

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How to increase your finance pen by 40%

We’ve been working to fundamentally change the dealer finance model and our new risk-based pricing model is customer, dealer and regulation friendly. You could increase your finance pen by 40% with MotoRate as some of our pilot dealers did...

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Top 5 reasons MotoRate is the key to Covid-19 recovery

MotoRate is a unique, risk based pricing approach that addresses many industry concerns. It’s a step in the right direction for dealer finance by benefiting the customer, dealer and lender. Here's how it could work for your dealership...

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How MotoRate can benefit the customer

MotoRate has been designed to be good for the dealer, lender and customer. Our aim is to bring dealer finance to the forefront of the market, delivering a good customer outcome every time. We've outlined some of the benefits for customers...

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