Jan 15, 2018: BCA Partner Finance has reported record demand in 2017 with funding provided for more than 100,000 vehicles. The business finance arm of remarketing giant BCA has grown rapidly and now supports 1,200 customers with finance facilities for used vehi...

 

Jan 11, 2018: Used cars are increasingly taking the lead in the auto finance market as the UK new car market struggles. New figures released by the Finance & Leasing Association (FLA) show that new business volumes in the point of sale (POS) consumer new ca...

 

Jan 11, 2018: The UK used vehicle stock funding market will at least double in the next three to four years, adding more than £1 billion of extra capital to the sector, according to NextGear Capital. The financing arm of Cox Automotive predicts that demand will...

 

Jan 04, 2018: Cost control will be a major focus for UK auto dealers in 2018, as falling sales lead to increased competition for buyers and tighter margins. The car industry is cyclical by nature, but according to MotoNovo Finance Group chief executive officer ...

 

Dec 21, 2017: High-end vehicle finance company JBR Capital has revealed the most popular supercars cars it has funded during 2017. The most frequently requested loan is for the Bentley Continental GT, with models from McLaren, Ferrari, Lamborghini, Aston Martin...

 

Dec 19, 2017: Next year is set see compliance and regulation dominate the headlines in the finance sector. A new set of EU data protection requirements comes into force in May 2018, considerably widening the scope of personal privacy in online processing, while...

 

Dec 18, 2017: A new sales aggregator service for UK auto dealers has been endorsed by the industry’s official body ahead of its launch. Findandfundmycar.com will launch next year backed by MotoNovo Finance and will provide a new entry into the competitive aggre...

 

Dec 15, 2017: Improving the customer experience is a key goal throughout the auto finance process, particularly as buyers become more focused on digital services. Customers are getting younger, more demanding and more willing to walk away or use online searches...

 

Dec 14, 2017: Volkswagen Financial Services will break records in its 2017 financial year as it expects to beat last year’s earnings high of €2.1 billion. According to provisional figures, the portfolio of current contracts will have increased by more than 8% t...

 

Dec 11, 2017: Georg Bauer will report on the progress of fintech start-up fair.com, a business he co-founded this year with TrueCar pioneer Scott Painter. Bauer will be speaking at the International Auto Finance Network conference in January 2018 in London. Fai...