Consumer car finance remains robust – FLA
Consumer car finance new business volumes grew by seven per cent in June 2026 compared with the same month in 2025.
New figures from the Finance and Leasing Association also reveal that the corresponding value of new business was 11% higher over the same period. Meanwhile, in the first half of 2026, new business volumes grew by four per cent compared with the same period in 2025.
The consumer new car finance market reported new business up 21% by value and 21% by volume in June, while volumes in this market in the first half of 2026 were 17% higher than in the same period in 2025.
The consumer used car finance market was also up, rising one per cent by value in June compared with the same month in 2025. However, volumes were two per cent down in the first six months of the year compared to the same period in 2025.
Geraldine Kilkelly, director of research and chief economist at the FLA, said: “June’s figures cap a strong first half year for the consumer car finance market, driven by a buoyant new car market and growing demand for electric vehicles.
“Finance is playing a vital role in supporting household spending and the transition to cleaner transport, with FLA members funding almost nine in 10 private new car purchases and almost all private new electric vehicle purchases.”
