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finance and leasing asscociation Articles
Industry
UK new car finance market slumps as households cut spending
The Finance and Leasing Association is still expecting new car finance to grow in 2023.
By
James Fossdyke
13 March 2023
Corporate / Financial
UK consumer car finance market up four percent in October
The Finance and Leasing Association says it's down to supply shortages easing in the car market.
By
James Fossdyke
19 December 2022
Corporate / Financial
UK car finance market up 43 percent in January
The result is partly down to the pandemic and rising used car prices.
By
James Fossdyke
15 March 2022
Corporate / Financial
UK: Consumer car finance market up nine percent in 2021
The market was worth a total of 36.7 billion in the UK.
By
James Fossdyke
18 February 2022
Corporate / Financial
UK consumer car finance market down again amid chip shortage
The used market fared better, but slow new car sales hampered growth.
By
James Fossdyke
13 December 2021
Corporate / Financial
UK consumer car finance market down by a fifth in September
Slow new car sales have seen the market crumble.
By
James Fossdyke
12 November 2021
Industry
Car finance market slumps amid supply chain issues
The chip shortage is having wide-ranging effects.
By
James Fossdyke
14 October 2021
Corporate / Financial
UK: Supply issues hinder manufacturers and finance companies alike
The UK finance market shrank in July as chip shortages prevented cars from being delivered.
By
James Fossdyke
16 September 2021
Corporate / Financial
New car finance market down by a quarter in turbulent 2020
But the used car finance sector wasn't hit quite so badly.
By
James Fossdyke
15 February 2021
Corporate / Financial
FCA proposes new guidance surrounding car finance repossessions
Repossessions could restart in February, but only as a "last resort".
By
James Fossdyke
15 January 2021
Corporate / Financial
Car finance customers will get option of six-month payment deferrals
But the move has been blasted by the finance sector.
By
James Fossdyke
3 November 2020
Corporate / Financial
Car finance industry could need government 'help' to aid customers
The Finance and Leasing Association says it will need support if the pandemic drags on.
By
James Fossdyke
28 April 2020
Corporate / Financial
New car finance market grew to £19.6 billion in 2019
More than nine in 10 new cars acquired by private buyers were financed.
By
James Fossdyke
17 February 2020
Corporate / Financial
Consumer car finance market worth £4.3 billion in September alone
The new car finance sector rose in value, despite a reduction in volume.
By
James Fossdyke
25 November 2019
Corporate / Financial
FCA takes steps to protect those buying cars on finance
Bans on certain types of commission systems will "save customers money"
By
James Fossdyke
16 October 2019
Corporate / Financial
Nine in 10 new cars are financed as market hits £1.3bn in a month
The popularity of finance is increasing slightly despite low consumer confidence.
By
James Fossdyke
14 March 2019
Supercars
Exotic cars worth £540m saved from scrapheap in past decade
Special scheme saves uninsured cars from the crusher.
By
James Fossdyke
27 September 2018
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