Car finance could increase car show sales

Wed, 06 Aug 2008



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."
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