This statistic illustrates the repayment success rates of UK adults that have taken out a hire purchase (HP) or a personal contract purchase (PCP) motor instrument from 2017 to 2020. It can be seen that 88 percent of respondents had made their last repayment in full in 2020. Only two percent of respondents had not made any repayments.
Share of adults with car finance making successful repayments in the United Kingdom (UK) from 2017 to 2020
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Financial Conduct Authority. (February 11, 2021). Share of adults with car finance making successful repayments in the United Kingdom (UK) from 2017 to 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/857923/repayment-success-rates-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority. "Share of adults with car finance making successful repayments in the United Kingdom (UK) from 2017 to 2020." Chart. February 11, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/857923/repayment-success-rates-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority. (2021). Share of adults with car finance making successful repayments in the United Kingdom (UK) from 2017 to 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/857923/repayment-success-rates-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority. "Share of Adults with Car Finance Making Successful Repayments in The United Kingdom (Uk) from 2017 to 2020." Statista, Statista Inc., 11 Feb 2021, https://www.statista.com/statistics/857923/repayment-success-rates-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority, Share of adults with car finance making successful repayments in the United Kingdom (UK) from 2017 to 2020 Statista, https://www.statista.com/statistics/857923/repayment-success-rates-of-adults-with-motor-finance-united-kingdom-uk/ (last visited November 21, 2024)
Share of adults with car finance making successful repayments in the United Kingdom (UK) from 2017 to 2020 [Graph], Financial Conduct Authority, February 11, 2021. [Online]. Available: https://www.statista.com/statistics/857923/repayment-success-rates-of-adults-with-motor-finance-united-kingdom-uk/
