Consumer car finance new business holds steady

Figures from the Finance & Leasing Association (FLA) show that consumer car finance new business by value and volume in November 2025 were at a similar level to the same month in 2024. In the eleven months to November 2025, new business volumes grew by 1% compared with the same period in 2024.

The consumer new car finance market reported new business up 1% by value and 5% by volume compared with the same month in 2024. In the eleven months to November 2025, new business volumes in this market were 7% higher than in the same period in 2024.

The consumer used car finance market reported the value of new business 1% lower in November than in the same month in 2024, while new business volumes fell by 3%. In the eleven months to November 2025, new business volumes in this market were 2% lower than in the same period in 2024.

Commenting on the figures, Geraldine Kilkelly, Director of Research and Chief Economist at the FLA, said:

“The lower inflation and interest rate environment should help growth prospects, but regulatory uncertainty and weak consumer confidence has led to a more cautious industry outlook. The FLA’s latest research suggests that the proportion of motor finance providers anticipating some increase in new business over the next year fell from 72% to 57% between Q3 and Q4 2025.”

Table 1: Cars bought on finance by consumers through the point of sale
New business	Nov 2025	%change on prev. year	3 months to Nov 2025	% change on prev. year	12 months to Nov 2025	% change on prev. year
New cars
Value of advances (£m)	1,454	1	5,860	9	19,017	8
Number of cars	51,476	5	206,940	10	667,392	7
Used cars
Value of advances (£m)	1,568	-1	5,324	3	21,741	3
Number of cars	101,111	-3	340,443	-1	1,402,409	-2
Total cars
Value of advances (£m)	3,021	0	11,183	6	40,758	5
Number of cars	152,587	0	547,383	3	2,069,801	1
Table 2: Cars bought on finance by businesses
New business	Nov 2025	%change on prev.year	3months to Nov2025	% change on prev. year	12 months to Nov 2025	% change on prev. year
New cars
Number of cars	29,614	-1	98,627	4	364,427	2
Used cars
Number of cars	4,954	24	14,374	17	51,428	-10