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finance and leasing asscociation Articles
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 car finance market up in November despite new car supply issues
Lenders handed out advances worth more than £3.1 billion to UK private customers.
By
James Fossdyke
19 January 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
UK buyers borrowed more than £3bn to finance cars in April alone
That's despite overall sales being down on the average for the month.
By
James Fossdyke
10 June 2021
Industry
Three in four buyers delayed new car purchases due to lockdown
News comes amid turmoil in the new car market.
By
James Fossdyke
13 April 2021
Industry
Lockdown keeps consumer car finance market down in February
But the Finance and Leasing Association is hopeful of improvement as lockdown is eased.
By
James Fossdyke
12 April 2021
Corporate / Financial
UK new car finance down 35 percent in January as lockdown bites
But 93 percent of all private new car sales still involve some kind of finance deal.
By
James Fossdyke
22 March 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
UK car finance market slumped as England locked down in November
The finance market fell by around a quarter in November.
By
James Fossdyke
14 January 2021
Corporate / Financial
New car finance market grows again despite fall in sales
The number of new cars acquired on finance by private buyers was up five percent in September.
By
James Fossdyke
06 November 2020
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
03 November 2020
Corporate / Financial
Car finance market up slightly in August despite drop in demand
The consumer new car finance deals agreed in August were worth more than £1bn,
By
James Fossdyke
13 October 2020
Corporate / Financial
Growth in new car market prompts surge in car finance
The market was worth more than £1.7bn in July.
By
James Fossdyke
09 September 2020
Corporate / Financial
Used car finance market soared in June despite sluggish new car sales
Finance customers rushed to used car forecourts as lockdown was eased.
By
James Fossdyke
10 August 2020
Corporate / Financial
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
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
Industry body says lenders need "urgent" government support.
By
James Fossdyke
15 June 2020
Corporate / Financial
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
Industry body says government intervention may be needed.
By
James Fossdyke
11 May 2020
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