Login
My Garage
New hero

Jam Jar cars closes for new business

By Terry Hogan | September 10, 2009

Share

Why not leave a comment?

See all | Add a comment

Jam Jar cars, the UKs first major online car retailer, has closed its doors to new business.

Jam Jar cars closes for new business
More On This Car
Take one for a spin or order a brochure
Request a brochure
Request a test drive

Jam Jar cars, the UK’s first major online car retailer, has closed its doors to new business.

Consumers are increasingly using the internet to research and buy new cars, but are turning to aggregator sites where they can compare multiple cars of the same type rather than single sourced brokerages.

The Jam Jar brand was heavily promoted by the RBS at its launch in 2000, and became the largest online retailer of new cars in the UK. Initially, it focussed on direct to consumer car sales via a tie-in with Dixon Motor Holdings, an RBS owned car dealer group.

When RBS disposed of the loss making Dixon Motor Holdings business in 2007 by putting it into administration , the Jam Jar business changed to a finance brokerage.

Lombard Vehicle Management, the vehicle financing arm of the RBS, has taken a decision to focus on direct to end user business, and has ceased to use brokers. Jam Jar effectively operated as a brokerage and as such is not required to introduce new business any more.

The Royal Bank of Scotland, which owns LVM as well as Lombard Business Finance, said the decision to stop using brokers could result in up to 85 job losses. 

Find car finance

More On This Car
Take one for a spin or order a brochure
Request a brochure
Request a test drive

Related Articles

Regit readers ask for ban on highly polluting vehicles and are turning on energy giants in latest survey results
Research also details some support for Just Stop Oil and almost half have reduced mileage to decrease carbon footprint
Nov 29, 2022
ULEZ (Ultra Low Emissions Zone) to cover all of London under new plans
Despite ‘overwhelming’ opposition Sadiq Khan has announced the existing ULEZ will be expanded to cover all of London.
Nov 29, 2022
Supermarkets again slammed for their greed as they refuse to lower fuel prices despite big wholesale reductions
Costco fuel cut means they’re now selling petrol at 12p per litre cheaper than the big four
Nov 29, 2022
What is ‘fair wear and tear’ on a lease car’s tyres?
Lease car tyres: there may be a penalty charge if you return a car with poor tyres. The supplier will inspect its tread depth, wear pattern,...
Nov 23, 2022