A new online guide to
car finance created by the
Finance and Leasing Association (FLA) could be useful for car
buyers looking for a
new vehicle . The new initiative by the FLA comes following
extensive research carried out last year, that indicated reasons
behind declining dealer
motor finance .
The Director General of the FLA, Martin Hall, had the following to
say on the matter: We are launching this new online resource
to help consumers understand the breadth of finance options
available to them. Our research found that there is an information
gap which we hope the
website will go someway to filling. We are not looking for the
new site to become a comprehensive guide to
buying a car - there are plenty of sites that do that –
but provide consumers with an impartial, informative and simple to
use source of advice and information on
financing their car .
The site includes a finance decider, with the aim of letting the
consumer know which type of car finance would suit them best. The
site will also focus on consumer
protection, and provide car finance checks.
The new site was launched at the annual Motor Finance Convention on
the 9th November. The website will be hosted at
financingyourcar.org.uk
