Car finance market enjoys October uptick
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in October 2022 by 4% compared with the same month in […]
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Vehicle finance demand unaffected by inflation
Consumer demand for motor finance remains strong despite the economic uncertainty. According to the latest data from Auto Trader there were over 1.9 million finance interactions on its platform last […]
Car finance costs soaring
Monthly payments on new car finance contracts have risen by more than 40% on some models since 2019. This is according to the latest research by What Car?, which found […]
Car finance market enjoys healthy growth
Consumer car finance new business grew by five per cent in August, according to new figures released by the Finance & Leasing Association (FLA). Meanwhile, the value of new business […]
Finance applications surge amidst rising costs
Car finance company Carmoney has discovered that there has been a 105% increase in the number of car finance applications in the past year. It has also identified a 53% […]
EV finance surges by 1062%
New research has underlined the pace of electrification within the UK car parc. According to Volkswagen Financial Services UK (VWFS), annual finance cases for electric vehicles (BEV/PHEV/HEV) surged 1062% from […]
Car finance booms as cost-of-living crisis bites
The cost-of-living crisis is pushing more new and used car buyers to opt for finance rather than cash purchases. This is according to the latest research by What Car?. It […]
Car finance market suffers summer slowdown
Consumer car finance new business volumes fell by three per cent in July 2022 compared with the same month in 2021, according to the Finance & Leasing Association. However, the […]
VWFS reveals record finance levels
Volkswagen Financial Services UK (VWFS) has financed a record 100,000 used cars so far this year. It activated more than 10,000 used finance cases in July alone and is now […]
Car finance market contracts further
The consumer car finance market is continued to struggle through June with growing demand for used car finance failing to offset declines in demand for new car finance. According to […]
Vehicle supply impacting car finance market
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in May 2022 by four per cent compared with the same […]
Car finance market tapers off
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in April 2022 by one per cent compared with the same […]