Consumer car finance new business volumes grew by 5% in September 2025 compared to the same month in 2024, with a 9% increase in value. Overall new business volumes rose by 1% in the first nine months of the year. New car finance saw an 11% increase in both number and value of agreements in September. For the same period, new car finance volumes grew by 7%. Used car finance value was up by 6% in September, but volumes only grew by 1%. Used car finance volumes were down by 2% from January to September.
FLA chief economist Geraldine Kilkelly stated that the consumer car finance market rebounded in September, driven by strong performance in new car finance. A record month was seen for new battery electric vehicles financed by consumers. The market is on track to meet expectations of 6% growth in the value of new business for 2025. In August, there was a 5% drop in new business volumes and a 1% decrease in overall value compared to last year.
FLA motor finance providers help over six million consumers in the UK buy new and used cars, equivalent to more than one in ten UK adults. Customers struggling with payments are advised to contact their lender promptly for assistance.
Read more at Yahoo Finance: Consumer car finance new business volumes rose 5% in September 2025: FLA
