Consumer automobile finance recent business volumes rose by 5% in September 2025 compared with the identical month last yr, in accordance with recent figures from the Finance & Leasing Association (FLA).
The worth of latest business increased by 9% over the identical period.
Within the nine months to September 2025, total recent business volumes were 1% higher than in the identical period in 2024.
The buyer recent automobile finance market saw each the worth and volume of latest business rise 11% year-on-year in September.
Over the primary nine months of 2025, recent business volumes on this sector were 7% higher than the identical period in 2024.
Within the used automobile finance market, the worth of latest business grew by 6% in September compared with the identical month last yr, while volumes increased by 1%. Over the nine-month period, volumes were 2% lower than a yr earlier.
Geraldine Kilkelly, director of research and chief economist on the FLA, said: “The buyer automobile finance market returned to growth in September supported by a powerful performance in the brand new automobile finance sector.
“It was a record month for brand new battery electric vehicles financed by consumers using point-of-sale automobile finance, accounting for 17% of total volumes.
“The performance of the buyer automobile finance market up to now this yr suggests it’s on the right track to fulfill expectations of 6% growth in the worth of latest business in 2025 as a complete.
“FLA motor finance providers currently help greater than 6 million consumers buy recent and used cars across all regions of the UK which is comparable to enabling greater than 1 in 10 UK adults to remain on the move.
“As at all times, customers who’re anxious about meeting payments should speak to their lender as soon as possible to search out an answer.”
This Article First Appeared At www.am-online.com
