Record car finance sales from company

According to a recent poll by Motorpoint, car finance customers are ignoring the credit crunch, with record levels planning to use finance to buy their next car .

Motorpoint are the leading UK car supermarket group. Their research indicates that 53 per cent of drivers will use vehicle finance for their next car . The finding concurs with data released by the Finance and Leasing Association indicating that dealers fund almost half of new private car sales .

The Managing Director of Motorpoint, David Shelton, reportedly commented: With many people finding it increasingly difficult to source credit from other lenders, we are finding that our highly-affordable point of sale products such as Boomerang are proving extremely popular, enabling customers to drive a car that their budget wouldn’t ordinarily allow.

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Record car finance sales from company

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