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)
Characteristic
Oct 2020 to Sep 2021
Oct 2021 to Sep 2022
June 2023 to May 2024
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 August 24, 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 August 24, 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: August 24, 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 August 24, 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/