NEWS

AN increasing number of motorists are turning to long term car leases, according to the latest figures from the FLA. The trade body for the motor finance industry says that in quarter two of 2011 the value of leases for private cars rose by 55 per cent compared to the same period last year. More [...]

The number of new cars bought on finance was down by 14 per cent in February 2011 says the FLA. The latest figures from the Finance & Leasing Association, the trade body for the motor finance industry, revealed that consumers buying cars on finance fell by 14 per cent in February compared to the same [...]

NOVEMBER saw dealers providing finance for more than 50,000 used cars and the market returning to ‘normal’ says the FLA. Latest figures from the FLA reveal that while sales of new cars fell in November 2010, the proportion of new cars bought using dealer finance over the last 12 months rose to 51.5 per cent. [...]

PREMIA Solutions Ltd marks its first decade of business with a huge multiplication of business. When it started back in 2000, it was running around 1000 bespoke finance and guarantee solution contracts for dealers. Now, that number has risen to 10,000… What’s more, that’s 10,000 contracts a month, not a year! Prima has thus gone [...]