The number of new cars bought on showroom finance grew 6% in May earlier, with average advances to consumers for new car purchases up 4% to £16,500.
Point-of-sale consumer new car finance was up 11% by volume and 17% by value in April, compared with the same month last year.
Figures from the Finance & Leasing Association (FLA) show consumer new car finance volumes rose 6% in Q1 2015.
The volume of point-of-sale motor finance sales grew by 5% in February to more than 133,000.
The Finance & Leasing Association says its redeveloped consumer website, due to be switched on by the end of this month, provides information “like having a friend in the motor trade”.
In May, 64,275 new cars were sold to retail buyers with dealer loans – a 27% year-on-year increase, says the Finance & Leasing Association.
