Fuel prices fell 2p in August for both petrol and diesel. The drop occurred after RAC Fuel Watch issued a plea to the major read more
Growth in motor finance in March
09/05/2019 Mazda CX-5 SUV 2.0 SKYACTIV-G 165 StopStart EU6 SE-L Nav+ 6Spd - £22,867 with cash purchase, or £21,867 including deposit contribution with Mazda PCP finance APR 4.1% Save 14.6% - £3,733 off list price
08/05/2019 Volkswagen Polo Hatch 5Dr 1.0TSI 95 R-Line - £16,424 with cash purchase, or £15,674 including deposit contribution with VW PCP finance APR 5.2% Save 14.6% - £2,676 off list price
07/05/2019 Citroen Grand C4 SpaceTourer MPV 1.2 PureTech 130 Flair 6Spd - £21,199 Save 26.9% - £7,791 off list price
02/05/2019 Nissan X-Trail SUV FWD 1.3 DIG-T 160 Tekna 5Seat DCT Auto7 - £23,516 Save 24.6% - £7,664 off list price
New figures show that the point-of-sale (POS) consumer new car finance market saw new business growth of 17% by value and 10% by volume in March compared with the same month last year, according to the Finance & Leasing Association (FLA).
The percentage of private new car sales finance by FLA members through dealerships reached 82.7% in the twelve months to March, up from 81.9% in the twelve months to February.
The POS consumer used car finance market also reported new business growth in March, of 8% by value and 6% by volume.
Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said: "The POS consumner new and used car finance markets continued to grow in March, although at slower rates than reported in recent months.
"The performance of these markets in the first quarter of 2016 is sligtly ahead of the single-digit growth expectations for 2016 as a whole."
