PCP
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Finance 13 AprPCP revealed as most confusing finance type
Car finance products are amongst the most confusing automotive terms for car buyers and it could be hampering sales, according to new research.
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Finance 2 FebVauxhall introduces 0% PCP offer
Vauxhall has introduced a new two-year 0% PCP offer available across its entire passenger car range, including electrified models.
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Finance and insurance 18 JanWhen will car subscriptions become mainstream?
Digitalisation and flexible monthly payments or usership plans could pave the way for further innovation in the field of vehicle finance
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Market Insight 2 DecHalf of PCP buyers plan to keep their car longer
Half of consumers (52%) who bought a car using PCP are expected to refinance them, rather than trade in for a new car at the end of the contract, according to research by NTT Data UK&I.
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Manufacturer 14 JunCitroen Ami offered for £19.99 per month on PCP
Citroen has announced a PCP deal for its Ami electric quadricycle, starting from £19,99 per month.
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Finance 29 MarLeasing makes electric cars more affordable than PCP, study finds
A leasing business has analysed pricing data and found that driving a battery electric car on a lease is cheaper than funding the EV on PCP (personal contract purchase).
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Finance and insurance 28 JanCar subscription offers: how do they compare to a PCP?
As car retail sector experts predict that subscriptions could take over from PCPs as the most popular way to fund a private vehicle, AM compared Q4's offers to see how they compare.
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Market Insight 14 OctHalf of car buyers intend to pay upfront for next vehicle, survey finds
Paying up front for a new vehicle has continued to slow down as an increasing number of consumers demand increased flexibility, according to research from Close Brothers Motor Finance.
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Finance 9 JunFlat rates, EV funding and PCH growth drive changes in motor finance
Government’s ‘travel by car’ advice fuels hope for market revival
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Finance 17 AprFCA publishes draft coronavirus guidance on motor finance repayments
The Financial Conduct Authority (FCA) has said that it expects motor finance providers to offer “exceptional and immediate support to customers facing payment difficulties” due to COVID-19 coronavirus.
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Finance 20 Mar‘We need to keep motorists in their cars’ amid outbreak, says FLA
The Finance and Leasing Association’s (FLA) head of motor finance has said that every effort should be made to keep motorists “in their cars” as coronavirus inhibits some consumers’ ability to make repayments.
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Digital marketing 19 FebFive steps to successful e-commerce
How close is the industry to a fully-functioning online buying process? These keys may help speed it along.
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Finance 22 AugBuyacar advises motorists to steer clear of PCP-funded options
Buyacar has advised car buyers to steer clear of costly options funded by a PCP finance plan – branding the resulting uplift in monthly payments a “rip-off”.
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Supplier News 11 JunCox Automotive signs two-year deal with Driver1
Driver1 has signed a two-year partnership with Cox Automotive, to provide cheap cars on subscription to young drivers.
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Manufacturer 4 JunVauxhall launches Trade-Up car scrappage scheme
Vauxhall is offering car buyers a minimum £4,000 guaranteed scrappage allowance or £3,000 extra part-exchange value as part of its new scrappage-style Trade-Up sales campaign.
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Used Cars 17 Apr
Sub-standard repair work is causing used car headache, says VRA
The rise of personal leasing has been blamed for a rise in the volume of sub-standard repair work seen on used cars by remarketing operations, according to the Vehicle Remarketing Association (VRA).
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Supplier News 2 AprStartline Motor Finance starts 2019 with 20% Q1 growth
Startline Motor Finance is celebrating after generating a 20% increase in business volumes during Q1 of 2019 – with PCP penetration in the used sector cited as a key driver.
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Opinion 26 MarRIP for PCP as 'car finance’s PPI scandal’ draws near? A guest opinion
The Financial Conduct Authorities (FCA) Motor Finance Review has finally arrived. The eagerly awaited and long overdue investigation into auto finance has revealed what many in the industry had predicted.
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Supplier News 18 MarNorthridge Finance funds a record £1.1bn of vehicles in 2018
Northridge Finance has achieved a year of record growth, lending £1.1bn and increasing its funded fleet to 8,000 vehicles with Marshall Leasing.
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Latest News 6 MarEffect of HMRC PCP changes will be ‘limited’ with sensible residual values, says Startline
The effect of changes announced by HMRC this week relating to how VAT applies to PCPs will be “limited” as long as sensible residual values are being set by finance companies, says Startline Motor Finance.
