Point-of-sale (POS) consumer new car finance market grew 1% by value and 1% by volume in July, compared with the same month last year.
Point-of-sale new car finance grew by 10% by value and 5% by volume in June, according to the latest figures from the Finance & Leasing Association (FLA).
Point of sale (POS) consumer used car finance on new business grew 22% by value and 18% by volume in May, compared to the same month in 2015.
Showroom finance sales for new cars rose by 12% in April, according to Finance & Leasing Association figures. By value, it was 17% ahead of April 2015.
The point-of-sale consumer new car finance market grew by 17% by value and 10% by volume in March, according to the Finance and Leasing Association (FLA).
Record new car registrations look set to continue as research shows demand for new cars is still growing.
Personal contract hire (PCH) has grown from 5% to 7% of the new car finance market, according to Finance and Leasing Association (FLA) data, obtained by AM.
Point of sale consumer new car finance business grew 27% by value and 22% by volume year-on-year in February. New business on new car financing exceeded the one million mark for the first time.
The point-of-sale consumer new car finance market grew 20% by value and 14% by volume in January, according to the Finance and Leasing Association.
Point-of-sale consumer new car finance volumes grew 10% last year.
Point of sale car finance sales benefiting from the ‘continuing strength of consumer confidence’, comments FLA after sharp market growth in November.
Finance & Leasing Association figures show that the dealer new car finance market saw new business growth of 6% by volume and 13% by value in October.
Tribute was paid to the “energy and resilience” of the car finance sector when Stephen Sklaroff addressed the FLA’s 12th annual Motor Finance Convention.
Consumer new car finance was up 10% by volume and 16% by value in September, compared with the same month last year, according to figures from the FLA.
The majority of delegates at the Finance & Leasing Association’s (FLA’s) latest conference (62%) said they felt well prepared for the new FCA regulatory regime.
The number of new cars bought by consumers on finance provided through dealerships increased by 13% in July, compared with the same month last year.
Car dealers are being warned to be sensitive to customer needs when selling PCP products in September, as complaints to the financial ombudsman have increased.
New car finance saw a 15% increase in June year-on year to 84,526 units, according to the latest figures from the Finance and Leasing Association (FLA).
The number of new cars bought on showroom finance grew 6% in May earlier, with average advances to consumers for new car purchases up 4% to £16,500.
Point-of-sale consumer new car finance was up 11% by volume and 17% by value in April, compared with the same month last year.
