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Car finance costs soaring
- 17 November 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 224% across five sample models Interestingly, the research also [...] -
VWFS to launch ‘inflation-proof’ services
- 7 October 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 August 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
- 7 July 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 June 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 [...] -
Car finance market rallies in 2021
- 15 February 2022
- Posted by: Alan Feldberg
- Category: News
New figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up by two per cent in December compared with the same month in 2020 Throughout the year, new business volumes grew by nine per cent compared with 2020 to almost 21 million cars [...] -
New and used finance market on the up
- 18 January 2022
- Posted by: Alan Feldberg
- Category: News
New figures released by the Finance & Leasing Association (FLA) found that the consumer car finance market reported new business volumes were up by 33% in November 2021 compared to the same month in 2020 In the eleven months to November 2021, new business volumes were nine per cent higher than in the same [...] -
Car finance market drops a fifth
- 9 September 2021
- Posted by: Alan Feldberg
- Category: News
The Finance & Leasing Association (FLA) has reported a fall in new business volumes of 20% in July 2021 compared with the same month in 2020 In the first seven months of 2021, new business volumes were 20% higher than in the same period in 2020 The consumer new car finance market dropped 20% in in the month, [...] -
Recovery continues in car finance market
- 2 August 2021
- Posted by: Alan Feldberg
- Category: News
New business volume in the consumer car finance market grew 12% in June compared to the same month in 2020 This is according to figures released by the Finance & Leasing Association (FLA) It also reported that new business volumes were 31% higher in the first half of the year than in the same period in [...]
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