Specialist
car finance dealer
ACF Car Finance has reported an unusually high number of
applications in the past 18 months. The firm, based in Chester,
claim that this reflects on a healthy
market position and its status as a market leader in the
sub-prime vehicle finance market.
ACF car
finance provide
car finance to those consumers who might not otherwise be able
to arrange
credit . The company showed that although sales fell slightly,
pre-tax losses had fallen considerably.
The sales and marketing director for ACF, Norman Beaumont,
reportedly commented: No company has remained unscathed
throughout 2009 as the market has been so unsettled, but there are
encouraging signs which improve the outlook for 2010. The trading
environment has changed and competition within the market has
decreased, and there is a definite increase in the numbers of
customers in the
sub-prime and near-prime marketplace. We have made a number of
strategic business decisions in order to make the company more
sustainable. By undergoing certain cost- saving initiatives and
streamlining the business, the company is leaner than it has ever
been before, putting us in a much stronger position within the
market.
