In the twelve months leading to May 2024, over two million cars were bought using financing instruments by consumers in the United Kingdom (UK). The large majority of them were used cars. On the other hand, most of the vehicles purchased by businesses using a loan or a lease were new.
Number of cars bought on finance by consumers and businesses in the United Kingdom (UK) from October 2020 to May 2024
(in 1,000s)
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Finance and Leasing Association. (July 9, 2024). Number of cars bought on finance by consumers and businesses in the United Kingdom (UK) from October 2020 to May 2024 (in 1,000s) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/749975/cars-bought-on-finance-by-consumers-and-businesses-uk/
Finance and Leasing Association. "Number of cars bought on finance by consumers and businesses in the United Kingdom (UK) from October 2020 to May 2024 (in 1,000s)." Chart. July 9, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/749975/cars-bought-on-finance-by-consumers-and-businesses-uk/
Finance and Leasing Association. (2024). Number of cars bought on finance by consumers and businesses in the United Kingdom (UK) from October 2020 to May 2024 (in 1,000s). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/749975/cars-bought-on-finance-by-consumers-and-businesses-uk/
Finance and Leasing Association. "Number of Cars Bought on Finance by Consumers and Businesses in The United Kingdom (Uk) from October 2020 to May 2024 (in 1,000s)." Statista, Statista Inc., 9 Jul 2024, https://www.statista.com/statistics/749975/cars-bought-on-finance-by-consumers-and-businesses-uk/
Finance and Leasing Association, Number of cars bought on finance by consumers and businesses in the United Kingdom (UK) from October 2020 to May 2024 (in 1,000s) Statista, https://www.statista.com/statistics/749975/cars-bought-on-finance-by-consumers-and-businesses-uk/ (last visited December 19, 2024)
Number of cars bought on finance by consumers and businesses in the United Kingdom (UK) from October 2020 to May 2024 (in 1,000s) [Graph], Finance and Leasing Association, July 9, 2024. [Online]. Available: https://www.statista.com/statistics/749975/cars-bought-on-finance-by-consumers-and-businesses-uk/