The Finance & Leasing Association
(FLA) reported that over 5,800 finance company and dealership staff
have registered for its online Specialist Automotive Finance (SAF)
competence test in its first year.
The knowledge imparted by the SAF initiative is more vital than
ever during a downturn, the FLA said, especially with the
penetration rate of point-of-sale finance for new cars in the year
to October at 52.9 per cent, up from 46.4 per cent this time last
year.
