Tag: Finance

Voluntary terminations at record high, according to G3 Remarketing

The voluntary termination (VT) of personal contract purchase (PCP) and hire purchase agreements (HP) are at an all-time high, according to G3 Remarketing. The motoring specialist deals with and disposes of nearly 1,000 VTs each month for a broad range of funders, and has seen a 35% increase in these cars going through its auction,

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car mechanics

Double-digit growth in consumer used car finance in May

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. New figures released today by the Finance & Leasing Association (FLA) show the POS consumer new car finance market also reported growth in May, with new business

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car mechanics

Corsa and Focus are most searched for used cars on finance

The Vauxhall Corsa, Ford Focus and Vauxhall Astra are the most searched for used cars on finance. They are followed by the Ford Fiesta, Vauxhall Insignia and Audi A3, according to statistics compiled by iVendi’s Car Finance Checker online motor finance pre-qualfier. James Tew, CEO at iVendi, said: “These are the most popular cars for

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