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finance and leasing asscociation Articles

Corporate / Financial Car finance customers could 'save £165m' due to new rules

Car finance customers could 'save £165m' due to new rules

The rule change will come into force next year.
By James Fossdyke 29 July 2020
Corporate / Financial FCA extends car finance Covid payment holidays for extra three months

FCA extends car finance Covid payment holidays for extra three months

Those facing "temporary payment difficulties" get another three months of payment freezes.
By James Fossdyke 20 July 2020
Corporate / Financial Non-bank lenders ask for help as forbearance requests top 1.6 million

Non-bank lenders ask for help as forbearance requests top 1.6 million

Industry body says lenders need "urgent" government support.
By James Fossdyke 15 June 2020
Corporate / Financial Car finance dropped dramatically in April

Car finance dropped dramatically in April

The coronavirus caused the finance market to shrink hugely.
By Dominik Wilde 09 June 2020
Corporate / Financial New car finance market suffered in March as sales were slashed

New car finance market suffered in March as sales were slashed

Industry body says government intervention may be needed.
By James Fossdyke 11 May 2020
Corporate / Financial Car finance industry could need government 'help' to aid customers

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 suffers as sales slump

New car finance market suffers as sales slump

But more than nine in 10 new cars are still acquired on finance.
By James Fossdyke 16 April 2020
Corporate / Financial New car finance market grew to £19.6 billion in 2019

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 new car finance market slumped amid slow November sales

Consumer new car finance market slumped amid slow November sales

The number of new cars financed fell eight percent.
By James Fossdyke 30 January 2020
Corporate / Financial Record proportion of private car sales were financed in past 12 months

Record proportion of private car sales were financed in past 12 months

More than nine in 10 new private cars were bought on finance.
By James Fossdyke 23 December 2019
Corporate / Financial Consumer car finance market worth £4.3 billion in September alone

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 Car finance market worth almost £4.3 billion in September alone

Car finance market worth almost £4.3 billion in September alone

Despite the new 69-plate, it was used car finance that grew most impressively.
By James Fossdyke 08 November 2019
Corporate / Financial FCA takes steps to protect those buying cars on finance

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 Private car finance market worth more than £3bn in July alone

Private car finance market worth more than £3bn in July alone

Financed vehicles now make up 92 percent of new car sales.
By James Fossdyke 13 September 2019
Corporate / Financial Nine in 10 private cars still financed despite slide in market

Nine in 10 private cars still financed despite slide in market

The new car finance market fell by four percent in June.
By James Fossdyke 26 August 2019
Corporate / Financial Number of private cars bought on finance fell by four percent in May

Number of private cars bought on finance fell by four percent in May

But financiers still offered advances worth almost £1.6bn.
By James Fossdyke 09 July 2019
91 percent of new car buyers paid on finance over last 12 months

91 percent of new car buyers paid on finance over last 12 months

That's despite sluggish sales in March and April.
By James Fossdyke 13 June 2019
Corporate / Financial New car finance market hit £3.3bn in March, despite falling sales

New car finance market hit £3.3bn in March, despite falling sales

Consumers have already committed to new car finance deals worth more than £5.5bn this year.
By James Fossdyke 29 May 2019
Corporate / Financial New car finance market's growth continued in February

New car finance market's growth continued in February

Finance deals now account for more than 90 percent of the new car market.
By James Fossdyke 23 April 2019
Corporate / Financial Nine in 10 new cars are financed as market hits £1.3bn in a month

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
New car finance market suffers as sales continue to fall

New car finance market suffers as sales continue to fall

But the UK is financing ever more used cars...
By James Fossdyke 02 January 2019
Corporate / Financial Car buyers could save by 'increasing' the size of their loan

Car buyers could save by 'increasing' the size of their loan

Adding just £50 to your loan could save you up to £1,600.
By James Fossdyke 17 October 2018
Supercars Exotic cars worth £540m saved from scrapheap in past decade

Exotic cars worth £540m saved from scrapheap in past decade

Special scheme saves uninsured cars from the crusher.
By James Fossdyke 27 September 2018
Official £52 million worth of luxury cars saved from the scrapheap

£52 million worth of luxury cars saved from the scrapheap

HPI helped reunite seized cars with finance companies.
By Dominik Wilde 10 August 2018
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