• Car Dealer Plus
No Result
View All Result
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • UCA 2020
  • UCA 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • UCA 2020
  • UCA 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
No Result
View All Result

Financing volumes and values rise in new and used sectors

Car Dealer Magazine by Car Dealer Magazine
October 17, 2018
0
Home News

LATEST figures from the Finance & Leasing Association show that new business volumes in the point-of-sale consumer new car finance market grew by nine per cent in August compared with the same month in 2017.

It also reported that the value of new business was up by 14 per cent over the same period.

The percentage of private new car sales financed by association members through the point of sale fell slightly to 89.6 per cent in the 12 months to August.


Meanwhile, the point-of-sale consumer used car finance market reported new business in August up nine per cent by volume and 15 per cent by value compared with the same month last year.

Geraldine Kilkelly, pictured, the association’s head of research and chief economist, said: ‘A boost to private new car sales in August ahead of changes to emission standards in September contributed to the increase in new business volumes reported by the point-of-sale consumer new car finance market.

‘In the first eight months of 2018, new business volumes in this market were at a similar level to the same period in 2017.

‘The average advance reported by the point-of-sale consumer car finance market in August was five per cent higher than in the same month in 2017, in line with growth in new and used car prices over the same period.’


MORE: Consumer car finance volumes rise by six per cent in July

MORE: Number of cars bought on finance by consumers rises in June

MORE: Consumer car finance markets rise in May

Get more from Car Dealer

  • Premium stories
  • Used car data
  • Magazine early access
Register

Or Sign in

Related Posts

Unicorn Autos Eccles
News

Nine cars stolen and four still missing following burglary at car dealership

April 10, 2021
Podcast Jon Reay
News

Car Dealer Podcast: We plan our pre-reg Roller business, talk furlough fraud, and discuss booming sales

April 10, 2021
MG Cyberster
Car News

MG shows off first pictures of Cyberster electric sports car concept

April 10, 2021
Flowers left for Duke of Edinburgh
News

April 10 round-up: Duke’s funeral plans; MG shows off Cyberster; Shapps hints to holidays abroad; House price high

April 10, 2021
Motorpoint Chingford
News

Over two thirds of motorists waiting for showrooms to reopen to buy a new car

April 10, 2021
Pound coins and bankotes via PA
News

Lockdown restrictions caused consumer car finance new business volumes to drop by more than a quarter in February

April 9, 2021

Want the latest news?

Sign up to Car Dealer's daily news email updates

Subscribe
Electrified vehicle registrations overtake diesels for the first time in Europe
News

What is stopping car buyers from switching to EV? Our exclusive white paper reveals all

April 8, 2021
How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed
News

How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed

March 12, 2021
Used Car Awards with Mike Brewer and James Baggott graphi
News

Who won what at the Used Car Awards 2020? Mike Brewer reveals our winning car dealers

March 12, 2021
Used Car Awards 2021 logo
Used Car Awards

Used Car Awards 2021 will be back in all their glory on November 29 hosted by Mike Brewer

March 17, 2021
The Newcomers: Here are the 10 electric car brands coming to a forecourt near you soon
News

The Newcomers: Here are the 10 electric car brands coming to a forecourt near you soon

March 30, 2021
Trophy Cars forecourt
News

Investigation: Meet the hyper-specialist car dealers making their money from weird and wonderful motors

March 12, 2021
Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK
Car Dealer Top 100

Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK

February 10, 2021
BMW, Mercedes, Audi and Volvo, could they be sold under one roof?
News

Multi franchising: Premium brands rule out selling cars alongside rivals in same dealer – as others remain tight-lipped

March 11, 2021
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • UCA 2020
  • UCA 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
Call us: 020 8125 3880

© 2020 Blackball Media

No Result
View All Result
  • Car Dealer Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards 2020
  • Used Car Awards 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100

© 2020 Blackball Media

Log In
Register
Register
Server 2