Analysis
– The consumer used car finance market reported growth for the fourth consecutive month in January. The number of used cars bought on finance offered through dealerships increased by 6% compared with January 2012.
– Stephen Sklaroff, director general of the Finance & Leasing Association, said: "Demand for motor finance remains buoyant,
and is another reminder that the consumer credit market needs a regulatory regime which supports both the supply of credit and the
diversity of lenders."
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By GlobalData