Prestige vehicle financier JBR Capital has revealed the average value of a car it finances is almost £76,000.
The Finance and Leasing Association (FLA) has said that the used car finance market looks poised to deliver “record levels of new business” in 2019 as it revealed its results for November.
The third Innovation Lab from BMW Group Financial Services UK is looking for applications from start-ups with ideas that will positively disrupt the wider motor finance industry.
Evolution Funding has strengthened its sales team with the appointment of four former Barclays Partner Finance (BPF) employees.
The FCA replaced its ‘authorised person’ credit compliance system for car dealers with the Senior Managers & Certification Regime (SMCR) on December 9
Financial Conduct Authority says proposed rules on commission disclosure are designed to give buyers more clarity
A ban on interest-linked commissions will level the playing field, says Financial Conduct Authority
Lookers has appointed former Capital One chief operating officer Victoria Mitchell as a non-executive director and Phil Kenny as its new general counsel and company secretary.
Manufacturers have put together Black Friday, scrappage and swappage deals alongside retail finance offers to help dealer networks close out the year.
MG Motor UK has signed Santander Consumer Finance as its sole motor finance provider for five years from January 1, 2020.
The Finance and Leasing Association (FLA) has suggested that consumer confidence “should improve” in the automotive retail sector as uncertainty about the UK's economic outlook reduces in 2020.
Kew Vehicle Leasing claims to have become the first leasing broker to openly disclose the amount of finance commission it receives on all regulated Personal Contract Hire (PCH) agreements.
Evolution Funding has appointed former Barclays Partner Finance (BPF) national accounts manager Keith Bell as its new sales director as part of a reshuffle of the motor finance provider’s sales team.
Car retailers in the North East of England have the biggest car finance penetration success according to a new compiled survey of over 2,000 UK motorists, conducted by Opinium for InsuretheGap.com.
Fix Auto UK has launched a new interest free finance scheme to help car owners fund vehicle repairs that they don’t want to claim on their insurance for.
AutoProtect Group has appointed former Aviva managing director Matthew Briggs as its new chief executive after extending its portfolio of services with the acquisition of DealTrak.
New car retail offers in the UK have become more affordable than the previous two quarters this year, according to the latest analysis from AM.
Intelligent Car Leasing claims to have launched the market’s first broker-provided car subscription service in partnership with the Wagonex car subscription marketplace platform.
Mazda is offering customers buying a car before the end of 2019 the chance to save up to £6,000 when they trade-in an older car through its newly-launched Scrappage Scheme Upgrade Plan.
The consumer car finance market achieved year-on-year growth of just 4% by volume and 7% by value during September – despite last year’s WLTP-impacted decline.
