Car Finance - UK - June 2019
Covered in this report
The focus of this report is on car finance products sold to consumers, as opposed to business customers.
Mintel draws on data provided by the Finance & Leasing Association to show the volume and value of consumer POS (point-of-sale) car finance. This covers PCPs, HP/conditional sale plans, lease agreements and car loans sold to consumers through dealerships. Some FLA members may also include business written through third parties, such as online dealers and brokers. For further information, please see www.fla.org.uk.
"The consumer car finance market will continue to expand, with the used car segment driving this growth. The majority of new business will still be generated at the point of sale, via dealers and other retail outlets. However, digital channels will steadily increase their share of the market, albeit from a small base currently."
- Sarah Hitchcock, Senior Financial Services Analyst
This Report looks at the following areas:
- Pre-approval for credit will drive more deals online
- Growing appetite for greener cars will drive demand for ‘green’ finance
What you get
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* This is a sample representation of the report layout and does not reflect the research included in this report.
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