Home/Tag: Used car finance

Used EV market opens up to Startline with £292m London Stock Exchange-listed securitisation

By |2021-12-16T08:42:59+00:00December 16th, 2021|Categories: Leasing & Finance News|Tags: , , |

The exercise has seen the company float around three quarters of its existing debt book under the name Satus – Latin for start – in order to open future funding sources, including a £400m committed facility from global bank J.P. Morgan over the next 18 months.

Average used car finance more expensive than at pre-pandemic

By |2021-06-23T09:08:52+01:00June 23rd, 2021|Categories: Leasing & Finance News|Tags: , , |

Comparing figures from near the start of the coronavirus crisis in May 2020 to May 2021, the average price of a used car for which Startline Motor Finance has paid out hire purchase motor finance has grown from £7,837 to £8,699 – representing a rise of 11.0%.

Consumer car finance new business volumes down in December

By |2021-02-11T14:49:44+00:00February 15th, 2021|Categories: Leasing & Finance News|Tags: , , |

The consumer new car finance market reported a fall in new business volumes of 18% in December compared with the same month in 2019. In 2020, new business volumes in this market fell by 25% compared with 2019. The percentage of private new car sales financed by FLA members in the twelve months to December 2020 was 93.2%, up from 91.7% in 2019. 

Go to Top