Finance new business volumes fell by 3% in September
The consumer new car finance market reported new business up 9% by value and 3% by volume in September compared with the same month in 2022. In the nine months
The consumer new car finance market reported new business up 9% by value and 3% by volume in September compared with the same month in 2022. In the nine months
The consumer new car finance market reported a fall in new business of 15% by value in April compared with the same month in 2022, while new business volumes fell
The consumer new car finance market reported new business up 3% by value in February compared with the same month in 2022, while new business volumes held steady. Â In the
The consumer new car finance market reported growth in new business of 12% by value and 2% by volume in October compared with the same month in 2021. 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
Auto finance has a major role to play in meeting the demand from people looking to buy new and used vehicles by spreading the cost of payments in a flexible,
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
Leasing.com is forecasting a 50% growth in enquires in 2022, which would see the total value rise to £1.64bn by the end of 2022. The numbers make for positive reading,
The consumer new car finance market reported new business up 37% by value and 32% by volume in November compared with the same month in 2020. In the eleven months
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
With millions furloughed and many more forced to work from home during the pandemic, the demand for cars plummeted. But as most of us look to return to work, the
The impact of the latest UK-wide lockdown restrictions has not been as severe as the first lockdown introduced last March with many dealerships able to offer click and collect or
There were some welcome new measures such as the move to encourage apprenticeships as well as an extension to the business rates holiday until June while downsides were few –
Consumer credit firms will be able to repossess goods and vehicles from 31 January 2021. However, this should only be as a last resort, and subject to complying with relevant
UK-wide lockdowns during the first quarter of 2021 mean that the near-term outlook remains challenging. The motor finance industry will continue to support households and businesses during that time and
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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