A majority – 53 per cent – of drivers
polled in a survey carried out by car supermarket Motorpoint said
they plan to purchase their next car using motor finance.
The results support figures published by the Finance and Leasing
Association, which claimed 49 per cent of all new private car sales
are now funded by lending from motor dealers – an increase of two
percentage points on 2007. 

Darren Siddle, RBSI business sector manager, automotive
partners, commented: “We are delighted to extend our partnership
with such a prestigious brand.

“We are excited about the fantastic potential to accelerate
growth through the BMW and Mini dealer network with service
propositions such as seven-day complimentary cover.”

“BMW Financial Services has enjoyed a successful partnership
with RBSI since 2002 and we are seeking to build further on our
achievements to date,” commented Bryan Garwood, BMW Financial
Services general manager, insurance.

 

Motor Finance Issue: 45 – July 08
Published for the web: July 25 08 16:4