fourth open letter to our dealers
a joint letter from IMDA Chairman Jim Reid and MotoNovo Finance Group CEO Mark Standish
the Independent Motor Dealers Association (IMDA) – created by independent dealers to represent and give a voice to UK independent motor dealers
findandfundmycar.com – an all new co-operative car sales aggregation service created by dealers, for dealers, powered by MotoNovo Finance
findandfundmycar.com, the IMDA view by Jim Reid
As an independent dealer, I understand the feelings of isolation that can be part and parcel of our daily routine.
Over the years, I’ve realised and benefited from the huge amount of experience across the dealer community. The
principle of ‘by dealers for dealers’ is at the core of the IMDA and it’s refreshing to see the same attitude at the heart
IMDA, the MotoNovo view by Mark Standish
The need for an independent dealer ‘voice’ is, in my view, undoubted. Historically, independent dealers have often
operated in isolation without the support available to franchised dealers. Certainly, businesses such as MotoNovo
have worked to support our dealers in areas such as F & I and financial compliance; however, there is a wider backdrop
where almost all independent dealers would find value in a trade body that is dedicated to their circumstances.
©2018 MotoNovo Finance.
MotoNovo Finance, a division of FirstRand Bank Limited (London Branch). Registered in England (Branch Reg. No: BR010027) at Austin Friars House, 2-6 Austin Friars, London, EC2N 2HD. FirstRand Bank Limited is authorised and regulated by the South African Reserve Bank. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. FirstRand Bank Limited (London Branch) is a branch of FirstRand Bank Limited, a public limited company registered with the Companies and Intellectual Property Commission in South Africa (Reg. No. 1929/001225/06) Head office: 4 Merchant Place, Corner Fredman Drive and Rivonia Road, Sandton 2196, South Africa