The Finance and Leasing Association’s (FLA) latest published figures showed that consumer car finance business volumes declined by 16% at the point of sale during September.
Dealer’s trialling Santander Consumer Finance (SCF)’s newly-launched free online finance calculator have reported strong customer demand.
Nissan announced a variety of new PCP offers including 0% APR representative, deposit contributions and cost-saving service plans.
The days of owning a car are numbered. It’s not about ownership anymore – it’s about usership.
Alphera Financial Services comments on the upcoming FCA findings of the motor finance sector and urges dealers to be more transparent with financial information
Changing appetites towards risk in unsecured lending could open opportunities for used car dealers in a £58bn market.
Some manufacturers have cut targets for Q4 if they know they are unable to get WLTP stock through to the network quickly enough
Car retailers have been warned not to breach the Financial Conduct Authority’s new Insurance Distribution Directive, which demands increased staff training in a bid to enhance consumer protection.
PCP accounts for more than 80% of the new car finance sold in the UK, but PCH is growing fast, mostly at the expense of hire purchase and personal loans
PCP still accounts for more than 80% of the market, but personal contract hire is growing faster than any other form of finance in new car retail
The future of motor finance - from MaaS to all-in-one payment models, to online finance – AM asks the experts what dealers can expect
As wider consumer trends and preferences change, successful companies such as Netflix and Spotify provide evidence of a growing move towards ‘subscription’ services.
Volkswagen Financial Services UK (VFSUK) has appointed former chief commercial officer Mike Todd as its new chief executive officer, succeeding David Maloney.
Auto Trader has reported that the average price of a used car offered for sales on a dealer forecourt reached a record high of £12,853 during September.
Cox Automotive and Grant Thornton have delivered analysis of diesel car sales, vehicle ownership trends and continued retailer consolidation ahead of Brexit after teaming-up to produce an automotive sector Insight Report.
Seat emerged as the car manufacturer offering new car customers the biggest discounts in the latest Target Price report compiled by What Car?.
Trade prices for used cars have reached such a high level that dealers relying on finance and insurance (F&I) for profitability, the Vehicle Remarketing Association (RMA) has said.
A new search tool has been added to the core Vauxhall web site, using iVendi technology to help customers find the right car for their budget.
The number of cars sold on finance grew by 9% in August, when compared to figures for the previous year.
Startline Motor Finance has predicted that dealers may shift their emphasis towards used cars in 2019 as a result of increased economic uncertainty.
