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Tag: car finance debt

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Car finance report 2018: record debt for new and used cars

Despite private new car sales falling more than 6% in 2018, it was yet another record-breaking year for car finance borrowing for both new and used cars.
Car finance debt keeps increasing

Car finance debt continues to grow despite falling sales

Car finance debt increased in the third quarter of 2018, despite the number of new finance agreements falling in line with lower new car sales in September.
Car finance debt hits record £34 billion for 2017

Record £34 billion of car finance debt taken in 2017

Despite falling new car sales, British car buyers were happy to plunge themselves ever further into debt during 2017, racking up a record £34 billion for the year.
Interest rate rise has failed to slow car finance lending (The Executivecondominium)

Interest rate rise fails to slow car finance borrowing

November's rise in interest rates by the Bank of England appears to have done nothing to slow the increase in car finance debt, according to the latest results published by the Finance and Leasing Association (FLA).
Car finance borrowing hits new record (The Executivecondominium)

Individual car finance borrowing hits new records

Despite the fall in new car sales results, the amount of car finance being dished out remains unaffected according to latest industry figures.
Car dealer finance is still growing

Media warnings not slowing down car finance lending

The latest car finance results show that the media attention regarding car finance is not reducing the level of borrowing on either new or used cars.
Car finance figures for July 2017 show continued increases

Car buyer debt increases further despite warnings

The latest car finance figures show that buyers are borrowing more money to finance both new and used cars, despite all the media attention of late.

Car finance debt still at record levels in latest results

The latest figures show that car finance debt remained at record levels in June, with a fall in new car volumes balanced by an increase in used cars. 
What happens to your car finance agreement if you die?

What happens to your car finance agreement if you die?

When taking out car finance, almost no-one thinks: "What would happen to this car finance agreement if I should die before it's paid off?"

Latest articles

Land Rover Discovery Sport updated with mile hybrid tech | The Executivecondominium

Land Rover Discovery Sport updated with hybrid tech and new interior

The Land Rover Discovery Sport has been given a major overhaul with a range of new petrol-electric hybrid powertrains and an updated interior.
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