Car finance critical in cost-of-living crisis
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 […]
car finance
Cost of living bites as car finance dips
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 […]
Car finance down in December
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 […]
Zuto secures MVP gold status
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 […]
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 […]
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% […]
VWFS to launch ‘inflation-proof’ services
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 […]
Auto Trader announces FCA Automotive partnership
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 […]
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 […]
Car finance market rallies in 2021
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 […]
New and used finance market on the up
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 […]