Tag: FLA

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

New car sales on dealer finance rocket 13% in 2014

New cars sold on dealer finance rose 13% in 2014 reach a record 897,593, according to the Finance & Leasing Association. The percentage of private new cars sales financed through dealerships by FLA members reached a new high of 76.1% in the twelve months to December 2014. The consumer used car finance market also recorded

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car mechanics

FLA forecasts Q4 loans increase

The Finance & Leasing Association (FLA) expects year-on-year increases in loans from its members for retail purchases of new and used cars through dealerships to continue until the end of the year. Geraldine Kilkelly, head of research and chief economist at the FLA, said: “August was a quieter month for the consumer motor finance market

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