BVRLA Motor Finance in the Leasing Sector March 2019

BVRLA Motor Finance in the Leasing Sector March 2019
March 7, 2019 CBVC

Motor finance provides an essential lifeline for millions of working families who rely on having the ability to access affordable finance to get a car or van to help them go about their daily business.

A vehicle is likely to be a person’s second most expensive purchase after property. Motor finance gives consumers the choice to rent long-term via a lease.

The choice of finance products on the market provides consumers with options, enabling them to select what best meets their needs. Some prefer the flexibility of a leased vehicle, others look to fund an outright purchase and there are those who are undecided about their intentions and would like the option to buy at the end of a lease. Motor finance is relied upon by millions of individuals and businesses across the UK and is an essential part of the transport supply chain.

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Source: The British Vehicle Rental and Leasing Association (BVRLA)

BVRLA Motor Finance in the Leasing Sector March 2019
CBVC

Source: The British Vehicle Rental and Leasing Association (BVRLA)