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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
Industry
UK: Seven in 10 youngsters need parents' financial support to stay on road
Those who receive help from the Bank of Mum and Dad get an average of almost £800.
By
James Fossdyke
14 September 2022
Corporate / Financial
UK: Third of drivers unaware used cars can be financed too
New study shows drivers are in the dark about second-hand car finance.
By
James Fossdyke
05 July 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
Industry
UK: One in three drivers to change their car in 2022
But buyers now favour monthly payments over buying outright.
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
Green
UK: New Nissan EV finance package includes a home charger
Nissan calls the scheme a one-stop shop for electric motoring.
By
James Fossdyke
15 October 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
Industry
UK: Half of young drivers spend more on car finance than housing
Men are twice as likely to find themselves in this situation.
By
James Fossdyke
20 July 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
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
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
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
Motorsport.com
McLaren set to arrange loan with Bahrain national bank
The McLaren Group looks set to arrange a loan from the National Bank of Bahrain to address an urgent cash shortfall.
By
Adam Cooper
25 June 2020
Motorsport.com
McLaren takes legal action in refinancing battle
McLaren has successfully applied for fast-tracked legal action in the UK courts in a battle for urgent refinancing.
By
Adam Cooper
24 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
Fiat reveals payment waivers for finance customers who lose their jobs
The offer is available with finance taken between June 1 and September 30.
By
James Fossdyke
03 June 2020
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