A Review of New Technology in the Motor Trade

The motor trade is constantly evolving and technology is advancing in such leaps and bounds that it is actually keeping up. For years people within the industry had to rely on their own resources to make a success of their businesses.

In the industry today there are new technologies constantly being introduced. Some of the advances we have seen in the past included the assisted braking in vehicles to ensure that drivers were safer on the roads and then there were the three point seat belts.

Today technology is so advanced that people within the industry can start making the most of the things available. One of the exciting developments are the self-drive cars which are already being tested in the USA. These vehicles have been designed to drive themselves according to the Google Maps software, they will advise the driver when they need to take over the control of the vehicle but on long distance drives, the driver can sit back and relax.

Interestingly only one accident has been reported with these vehicles and it was parked stationary at a traffic light and was bumped from behind.

Another exciting development within the trade that is being introduced around the world is the intelligent speed adaption. This technological advancement has already been introduced in many countries around the world where the vehicle will actually slow down its speed to ensure it doesn’t’ accidently bump into the vehicle in front of it.

For the Trade

While there are so many advances when it comes to the vehicles themselves, it is the actual technology which benefits your business that you are interested in. We have already seen so many car dealers benefiting from the internet and websites available. The ability to list vehicles as they come in and put them up for sale either in a classified listing or via an auction site has already improved sales.

If you think about it the internet has become a way of life and the majority of clients will search for vehicles online and even book test drives directly from their computer or smart phone.

Which brings me to the next technological advancement and that is the smart phone with internet capabilities and an app for everything. You’ve probably heard the saying there is an “app for everything.” This couldn’t be truer and one of the apps available enables you to search a vehicle according to the registration number to ensure it is not stolen and has never been written off, a fantastic technological app for the motor trade when buying cars for resale.

Brought to you by Motor Trade News.org

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Where to Find the Best Deals for Motor Traders

When running a business you are always on the lookout for the best deals, whether it's a cheaper insurance quote or affordable parts, where you can save money and remain competitive. Good deals are imperative for motor traders who want to offer the best in service and be competitive when it comes to pricing.

Speaking to your suppliers can be one way to achieve the best possible deals. Chances are that you currently buy from a choice of suppliers, this means that you are not getting a good discount. You may be offered a discount by these suppliers, but if you negotiate with them that you will only buy your parts from them, you are looking at a sizeable discount, which can make a huge impact on the amount you save and how competitive you can be for your clients.

Finding the best deals is easier than you may think, speak to your fellow businesses in your industry around the area, find out who they use for their insurance, their utilities and even their parts, you may find that phoning around these companies or contacting them online can offer you a great deal which will help you business move forward.

You can also take the time to look online for items such as utilities and insurance, these you can often find cheaper online deals which can help you reduce your overall budget. Then there is your bank, you may have been with your financial institution since opening, but are they offering you the best deal? Are you paying high rates when depositing cash and does your bank have your business interests at heart?

Looking at all aspects of your business, you can take down notes of what you are paying on a monthly basis, what have you included in your budget? Do you need to reduce your insurance? Are you paying a very high energy bill? Does your competitors get their parts cheaper than you do? What about advertising, is there a way to reduce this cost?

Once you have everything into account you can start hunting for the best deals, the advantage is that a majority of this can be done online after hours in the comfort of your own home, you can request quotes and compare them to find the best possible deal for your business.

Take the time during the day to meet with suppliers, ask them what discount they will offer and what is their best deal to you if you were only to use them, guaranteeing them all of your business. Motor traders have a choice of options to find the best deals, speaking to fellow business owners, the internet and your suppliers will all steer you in the right direction.

Where to Find the Best Motor Trade Discounts

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Motor trade discounts can be an important part of your business, getting the best deals can save you a fortune in the long run, reducing bills and increasing your profits.

Online

The internet has become a world of knowledge at your fingertips and it's here where you can find some of the greatest deals whether you are looking for parts for a vehicle you are repairing, trying to find a cheaper insurance quote or even trying to find cheaper electricity or gas prices.

Using the internet to your advantage can be done in the evenings and doesn't have to take you away from your work during the day, enabling you to concentrate on your business during opening hours.

If you are working on a vehicle and your normal suppliers can't help with parts, you can buy online, you can order from anywhere online paying a shipping price and be able to assist your customer. Depending on where you order from will determine how long the parts time to arrive, but at least you can offer the service that the customer expects and get their car repaired.

Getting insurance quotes or comparing gas and electricity can all be done with a few clicks of the mouse where you can find the best possible deals and reduce your overall monthly budget dramatically. Every penny you can save goes into profits, if you can find cheaper parts your profits soar, you don't have to charge so much labour if you can reduce your monthly expenditure making you competitive in your area.

Suppliers

If suppliers are guaranteed a decent amount of orders from one business they will happily offer a discount. Chances are you are already receiving a trade deal on parts and supplies that you purchase, but if you sit down and choose one or two suppliers and discuss your needs with them, guaranteeing them that you will only buy parts from them, you will probably get a bigger discount.

This works in all sectors of the industry. Suppliers understand demand and if they can be guaranteed a set amount of orders, they will guarantee a better price. This may be on a scale, so depending on the amount you order will depend on the price you can get the parts at, any saving is a bonus in your industry.

Promotions

Some companies will offer various products and services to different businesses and when you see a company offering motor trade discounts you need to jump at the opportunity. Wherever you can save money in this economic climate is a blessing and can help your business increase it's profits over a set period of time.