CCR Magazine

Subscribe Here
You are here  :Home arrow News arrow Consumer car finance volumes up 5% in February
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Consumer car finance volumes up 5% in February PDF Print E-mail
Friday, 10 April 2015

Figures released today by the Finance & Leasing Association (FLA) show that point-of-sale consumer car finance volumes grew overall by 5% in February to more than 133,000.  

The consumer used car finance market saw growth strengthen in February as new business volumes increased by 9% compared with the same month in 2014.

Consumer new car finance volumes fell by 3% in February, but remained 9% up in the twelve months to February 2015. The percentage of private new car sales financed by FLA members through dealerships stood at 76.0% in the twelve months to February 2015.

Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:

“The point-of-sale consumer car finance market has reported growth each month for almost four years.  The FLA’s Q1 2015 retail motor finance confidence survey shows that the majority of respondents expect single-digit growth in new business over the next twelve months.”

(Source - FLA News Release)  

 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197