Consumer car finance new business volumes fall
The consumer used car finance market reported a fall in new business in November of 6% both by value and volume compared with the same month in 2022. Â In the
The consumer used car finance market reported a fall in new business in November of 6% both by value and volume compared with the same month in 2022. Â In the
The consumer new car finance market reported growth in new business of 14% by value and 11% by volume in June compared with the same month in 2022. In the
With the UK enduring a serious and potentially long-lasting cost of living crisis, there are concerns for motorists contracted to expensive finance deals. Almost all new cars are purchased using
The consumer used car finance market reported new business up 10% by value, but 3% lower by volume in June compared with the same month in 2021. In the first
According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 87% (13) of those models. Across the list, the highest
Partnership was conceived during another year of growth in the personal leasing market. The latest statistics from the Finance and Leasing Association (FLA) shows that the value of new car
Leasing.com’s data coincides with a strong year for the personal leasing market more broadly. The latest statistics from the Finance and Leasing Association (FLA) showed that the value of personal
The consumer new car finance market reported a fall in new business of 13% by value and 18% by volume in August compared with the same month in 2020. In
Introduction of new restrictions during October to curb the growth in coronavirus cases has led to a softening in demand for consumer car finance. The fall in the used car
The consumer used car finance market reported growth in new business of 2% by volume and 10% by value in August 2020 compared with the same month in 2019. In
What hasn’t been addressed, and what continues to be a challenge for independent lenders, is access to funding that can then be deployed under the guarantee schemes. FLA members are
The economic impact of the coronavirus is expected to lead to a contraction in private consumption in the second quarter greater than reported in any quarter during the financial crisis.
December 2019 showed a 6% increase compared with the same month in 2018, and held steady in 2019 as a whole at over 2.4 million cars.
Volumes dropped 2% compared with the same month in 2018, while the value of new business grew by 2% over the same period.
The POS consumer new car finance market reported a fall in new business volumes of 5% in June while the value of new business fell by 4%.
The Leasing Broker Federation is an independent membership organisation supporting leasing brokers and operators across the uk. It better equips brokerages with knowledge and skills supporting them to thrive within this growing sector.
It also provides a mutually beneficial business community environment for all market relevant companies, such as leasing companies, funders, manufacturers, service suppliers and dealerships. These companies make up our federation partner network.
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