CCR Magazine

You are here  :Home arrow News arrow Consumer new car finance volumes up 7% in November
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Consumer new car finance volumes up 7% in November PDF Print E-mail
Friday, 13 January 2017
New figures released today by the Finance & Leasing Association (FLA) show that new business in the point of sale (POS) consumer new car finance market grew 13% by value and 7% by volume in November, compared with the same month in 2015.  

The percentage of private new car sales financed by FLA members through the POS reached 86.8% in the twelve months to November, up from 86.4% in the twelve months to October.

The POS consumer used car finance market also reported new business growth in November of 8% by value and 5% by volume.

Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said: “The POS consumer car finance market reported overall new business volumes in the eleven months to November 2016 up by 9% compared with the same period in 2015, in line with expectations.

“The popularity of POS finance products like personal contract purchase, hire purchase and leasing means that the majority of finance provided to consumers for cars is secured against the vehicle.”

 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


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

Registered in England No: 05483197