Oodle Car Finance has celebrated that processing of over £3bn of car finance applications across its 168 car retailer partners during 2018.
Dealers have said that the car buying process is drawn out by social media enquiries and buyers wanting to part-exchange for more than they’re worth, study finds.
Car dealers have shared insight into the challenges they face in 2018 as part of an interview series conducted by Oodle Finance – with Brexit and online sales emerging as their most pressing concerns.
Oodle car finance saw an increase of 87% in used car finance applications, in the second half of 2017.
Oodle Car Finance has announced the appointment of former HSBC and Santader director Rodger Lovering as chairman.
Oodle Finance has been named named Lender of the Year at the 7th annual F&I Conference and Awards.
Oodle Finance and Carsnip have teamed up to form a new partnership which guarantees car dealers commission payments from sales made via the online retail platform.
DealTrak has partnered with used car finance provider Oodle Finance as part of a deal which will see the Leeds-based business’ clients access a wider range of products and services.
Recently-established Oodle Finance has secured £60 million of investment to help it roll-out a funding solution for customers from the full range of credit profiles.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 7 2019
Where: Birmingham NEC
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