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Car finance critical in cost-of-living crisis
- 10/05/2023
- Posted by: Alan Feldberg
- Category: News
The automotive finance market has grown significantly over the last decade, with 60% having bought their cars on finance in 2022. That’s according to JATO Dynamics’ latest consumer research, ‘Driving Decisions with Data: Global Automotive Consumer Finance Insights.’ A number of factors are prompting the [...] -
Cost of living bites as car finance dips
- 05/04/2023
- Posted by: Alan Feldberg
- Category: News
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in February 2023 by five per cent compared with the same month in 2022. The corresponding value of new business also fell by five per cent over the same period. In the first two months of [...] -
Car finance down in December
- 17/02/2023
- Posted by: Alan Feldberg
- Category: News
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business by value and volume fell in December 2022 by six per cent compared with the same month in 2021. In 2022 as a whole, new business grew nine per cent by value and three per cent by volume compared with [...] -
Zuto secures MVP gold status
- 16/02/2023
- Posted by: Alan Feldberg
- Category: News
Financial services provider Marsh Group has announced that leading car finance intermediary Zuto has been awarded the gold standard Marsh Valued Partners (MVP) Accreditation. MVP is a new accreditation scheme that harnesses existing partnerships and enhances the potential of future collaborations. Partners are [...] -
Car finance costs soaring
- 17/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
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 average monthly personal contract purchase (PCP) payments had risen by at least 22.4% across five sample models. Interestingly, the research also [...] -
VWFS to launch ‘inflation-proof’ services
- 07/10/2022
- Posted by: Alan Feldberg
- Category: News
Volkswagen Financial Services UK (VWFS) will activate 810,000 ‘inflation-proof’ service plans this year in an effort to help customers tackle affordability issues in the current economic climate. The car finance provider has already sold 728,000 service plans in 2022 but says its year-end forecast is an 11% [...] -
Auto Trader announces FCA Automotive partnership
- 23/08/2022
- Posted by: Alan Feldberg
- Category: News
Used car buyers can now choose FCA Automotive Services as preferred finance provider when selecting a vehicle through Auto Trader. This follows a partnership between the two companies which will see FCA Automotive Services integrated into Auto Trader’s Apply Online consumer platform, with retailers able to [...] -
Vehicle supply impacting car finance market
- 07/07/2022
- Posted by: Alan Feldberg
- Category: News
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 month in 2021. The corresponding value of new business grew by six per cent over the same period. In the five months to May 2022, new [...] -
Car finance market tapers off
- 21/06/2022
- Posted by: Alan Feldberg
- Category: News
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 month in 2021. The corresponding value of new business grew by 12% over the same period. In the first four months of 2022, new business [...]
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