According to reports in the
car finance news, competitive
car finance deals could increase sales at the British
International
Motor Show this year.
The
Finance and Leasing Association (FLA) claimed that point of
sale
vehicle finance on
new cars could become more popular again.
Point of sale car finance makes up a significant percentage of
motor finance transactions, despite
claims earlier this week that
dealer finance has poor exposure and a weak image.
The director general of the FLA, Stephen Sklaroff, reportedly
commented:
Motor
dealerships can help by offering competitive
finance packages to fit all pockets. They can often serve
customers finding it difficult to raise
money elsewhere.