car finance

Car finance complaints reach record levels

The Financial Ombudsman Service has reported that car finance complaints have risen to record levels this year. The spike has been driven by the ongoing commissions scandal, with FOS data […]

FLA supports car industry with £39bn in finance

New data has revealed that Finance & Leasing Association members provided a record £154.6bn of new lending in 2024. This represents a two per cent increase on 2023. FLA supports […]

Car finance market enjoys bouyant autumn – FLA

The Finance & Leasing Association (FLA) has reported a rise in the consumer car finance market, with new business volumes up by four per cent year-on-year in September. Meanwhile, new […]

FLA reports uptick in consumer confidence

Consumer confidence appears to be growing with the consumer car finance market enjoying a positive start to the second half of the year. The Finance & Leasing Association (FLA) has […]

FCA extends car finance complaints investigation

The Financial Conduct Authority is giving car finance companies more time to respond to customer complaints around commissions charged when buying car. It launched an investigation into discretionary commission arrangement (DCAs) […]

Oracle celebrates £2bn funding milestone

Oracle Car Finance has announced it has exceeded £2bn in vehicle funding. The North Yorkshire-based finance broker provides funding from £25,000 upwards for prestige, sports and classic cars. It provided […]

Car finance confusion continues despite demand

New research has found that a large proportion of drivers are confused by car finance packages. According to JATO Dynamics findings, over four in 10 (43%) don’t understand the details […]