Vehicle finance

Drivers intimidated by used car confusion

New research has found that motorists do not understand how much buying a used car will really cost them, making the process intimidating, complex, and stressful. The report by digital […]

Drivers swayed by short-term benefits

Almost a third of British motorists are more reluctant to replace their existing car by committing to a long-term lease than they were 12 months ago. Research by mobility provider […]

Car finance market enjoys October uptick

New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in October 2022 by 4% compared with the same month in […]

Vehicle finance demand unaffected by inflation

Consumer demand for motor finance remains strong despite the economic uncertainty. According to the latest data from Auto Trader there were over 1.9 million finance interactions on its platform last […]

Car finance market enjoys healthy growth

Consumer car finance new business grew by five per cent in August, according to new figures released by the Finance & Leasing Association (FLA). Meanwhile, the value of new business […]

Car finance market suffers summer slowdown

Consumer car finance new business volumes fell by three per cent in July 2022 compared with the same month in 2021, according to the Finance & Leasing Association. However, the […]

New digital solution launched for CV buyers

Volkswagen Commercial Vehicles has launched a new online finance calculator to help buyers select the finance plan most suitable to them. The new digital tool enables private or business customers […]

VWFS reveals record finance levels

Volkswagen Financial Services UK (VWFS) has financed a record 100,000 used cars so far this year. It activated more than 10,000 used finance cases in July alone and is now […]

Car finance market contracts further

The consumer car finance market is continued to struggle through June with growing demand for used car finance failing to offset declines in demand for new car finance. According to […]

Growth slows for car finance market

The Finance & Leasing Association (FLA) has reported that the consumer car finance market saw new business volumes up in March 2022 by two per cent compared with the same […]

Appetite increases for used cars

Seven out of ten consumers (70%) say that used cars have become more appealing purchases than new in the last month. This is according to the very first monthly Startline […]