Focus tops financed charts
The Ford Focus was the most financed vehicle of 2016 according to Close Brothers Motor Finance. The Ford Fiesta and BMW 3 Series took second and third respectively.
Paul Kaye, sales and marketing director at Close Brothers Motor Finance, said, ‘It is unsurprising to see Ford dominate our most financed cars of 2016, with the Focus and Fiesta remaining the most financed vehicles of 2016, closely mirroring the SMMT’s statistics for 2016 sales. BMW 3 Series and 1 Series sandwich the popular Vauxhall Corsa and Astra models, perhaps indicating the aesthetic nature of BMWs.
He continued, ‘It’s also worth pointing out that our top 10 also includes two vans – the Ford Transit and Vauxhall Vivaro. Strong continued demand for business and fleet markets was a highlight during 2016, which we’ve seen borne out in our own business performance in the light commercial vehicle sector.’
Looking ahead, Paul said, ‘The road ahead will pose many interesting challenges for dealerships in attracting and retaining customers to the forecourt.’
Top 10 financed vehicles of 2016:
1. Ford Focus
2. Ford Fiesta
3. BMW 3 Series
4. Vauxhall Astra
5. Vauxhall Corsa
6. BMW 1 Series
7. Volkswagen Golf
8. Ford Transit
9. Mini Hatchback
10. Vauxhall Vivaro
