Analysis
The figures show the number of new cars bought on finance by consumers through dealerships in the 12 months to March 2013 increased by 27%, and by 22% in the three months to March 2013. PCP agreements now account for 63% of total new showroom finance agreements by value.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Paul Harrison, head of motor finance at the FLA, said: "Used car finance volumes in March were relatively static with the new number plate helping to drive strong growth in private new car finance sales."
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
