The consumer used car finance market reported growth in new business volumes of 9% in September 2020 compared with the same month in 2019. In the nine months to September 2020, new business volumes in this market fell by 19% compared with the same period in the previous year.
The consumer used car finance market led the recovery in June as showrooms began to re-open. Monthly new business volumes in this market were back to normal levels following the record low reported in April.
Logistics companies have ceased deliveries to protect drivers as well as to adhere to the Government’s wishes to cut unnecessary journeys.
Scammers are setting up fake email and social media accounts under the names of genuine leasing brokers by using the firm name, the FCA 'firm reference number' (FRN) and other identifiable information to try to convince customers that they work for an authorised broker.
THE Finance & Leasing Association (FLA) has launched a Motor Finance Specialist apprenticeship to provide specialists for the market. The FLA’s website contains contact details for three well-established training providers who have already signed up [...]
FLA figures for February 2016 New business advances through dealerships totalled £806m (up 27% year on year) on 51,207 new cars (up 22%) Used car advances totalled £1,163m (up 23%) on 109,305 cars (up 18%). [...]
RAPHAELS Bank has joined the Finance & Leasing Association (FLA’s), Asset Finance Division (AFD) showing its commitment to both the required standards of the sector and developing provision of asset finance to the SME sector. Raphaels, [...]
THE number of new cars bought on finance by businesses in the UK grew to over 56,000 in March, up 13 per cent compared with the same month a year ago. According to latest figures released [...]
FLA figures show that new car finance is on the up LATEST figures released by the Finance & Leasing Association (FLA) show that consumer new car finance volumes remained 11% up in the [...]