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.
970.20 KB March 7, 2019
Source: The British Vehicle Rental and Leasing Association (BVRLA)