All articles by Verdict Staff

Verdict Staff

Editor’s letter: Don’t believe the hype

In case you hadn’t noticed, there have been two big stories in the world of car finance reporting this month. First, thisismoney.co.uk, an online title of the Daily Mail warned consumers not to be taken in by “pricey” forecourt finance and to check out the 6% personal loan offers on the high street.

Did you say risk?

The latest set of official growth figures released by the Office of National Statistics does not make pretty reading. Andrew Ballard, product & propositions director of Experian Automotive explains how car dealers and car finance providers can address the increased risks facing their business.

Data Bank: FLA motor finance statistics

Click on the image for the PDF version

Data Bank: Used car values

Click on the image to view the PDF version

Data Bank: PCP Focus

Click on the image to view the PDF version

Used car values

Click on image to view PDF:

PCP focus

Click on image to view PDF:

FLA motor finance statistics

Click on image to view PDF:

FLA motor finance statistics

Click on the image below to view PDF:

Motor industry (stats from the SMMT)

Click on image below to view PDF: