The Finance & Leasing Association (FLA) has
said the average penetration rate of point-of-sale finance over the
whole of 2008 was 53.2 percent, comparing favourably with the
previous year’s average figure of 47 percent.
said the average penetration rate of point-of-sale finance over the
whole of 2008 was 53.2 percent, comparing favourably with the
previous year’s average figure of 47 percent.
December’s monthly new business volume for
consumer car finance fell by 17 percent compared with December 2007
to £594 million, the FLA reported. New car finance fell by 21
percent compared with 2007 to £289 million, with used car finance
down by 14 percent to £305 million.
consumer car finance fell by 17 percent compared with December 2007
to £594 million, the FLA reported. New car finance fell by 21
percent compared with 2007 to £289 million, with used car finance
down by 14 percent to £305 million.
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