United Kingdom Used Car Finance Market Insight Report 2021 – ResearchAndMarkets.com | Financial Buzz

United Kingdom Used Car Finance Market Insight Report 2021 – ResearchAndMarkets.com

The “UK Used Car Finance: Market Insight Report 2021” report has been added to ResearchAndMarkets.com’s offering.

The report focuses on the UK market for secured consumer finance for used/second-hand cars.

  • It also includes agreements for used motorcycles, vans and leisure vehicles (e.g. campervans) however cars represent over 95% of the relevant consumer market.
  • Secured loans are defined as those where the ownership of the vehicle rests with the lender during the life of the agreement.
  • The report excludes unsecured personal loans that some consumers may use when buying a car, which the publisher believes is now a relatively minor form of car finance.
  • It includes agreements for vehicles that might be used for business purposes by individuals but are purchased by consumers rather than the businesses they run.

The report:

  • Describes the overall used vehicle market size and historical growth rates.
  • Profiles 25 largest used vehicle loan providers.
  • Describes the role of brokers, including firms working with vehicle dealers and those dealing direct with consumers.
  • Reviews drivers of used vehicle loan growth, setting out historical trends and available forecasts.
  • Provides the forecast for the market to 2021, supported by evidence from market drivers and industry interviews.

Key Topics Covered:

About this report

  • What does the report contain?
  • What are the objectives of this report?
  • Who is it useful for?
  • What are the sources and methodology?


  • The used car finance market

Market size and growth

  • Outlook

About the Publisher

  • Company background
  • Consulting services
  • Commercial/operational due diligence
  • Custom market analysis
  • Primary research
  • Growth strategy
  • Related research

List of Charts and Tables

  • Used car finance market
  • Definition of the market
  • Types of finance offered to purchase cars
  • Hire Purchase
  • Personal Contract Plan (PCP)
  • Lease
  • Alternative products
  • Non-POS car loan
  • Personal loan
  • Mortgage further advance
  • Credit Card
  • Types of customers

Market size and growth

  • UK car market
  • Dealer sales
  • Franchised dealers
  • Independent dealers
  • Other vehicle distributors
  • Motor finance penetration
  • Motor finance volumes
  • Non-prime lending

Market Drivers

  • Regulatory landscape
  • FCA authorisation
  • Regulatory requirements
  • Recent regulatory developments
  • UK Economic performance
  • Consumer borrowing
  • Ability to service borrowing
  • Wages
  • Source: Bank of England Financial Stability Report November 2017
  • Other market drivers

Competitive landscape

  • Overview
  • Success factors in dealer POS finance
  • Market size and share
  • Sub-Prime sector
  • Split by channel

Major lenders

  • Barclays Partner Finance
  • Black Horse (Lloyds Banking Group)
  • Close Brothers Motor Finance
  • Hitachi Capital
  • MotoNovo
  • Santander UK plc

Other lenders

  • 1st Stop Car Finance
  • Advantage Finance
  • Alphera
  • Billing Finance
  • Blue Motor
  • First Response
  • JBR Capital
  • Mallard Vehicle Finance
  • Marsh
  • Moneybarn
  • Moneyway
  • NIIB Group
  • Oodle Financial Services
  • Paragon
  • Private & Commercial
  • Raphaels Bank
  • Startline
  • The Car Finance Company
  • Other funders
  • Admiral Loans
  • Car Finance Limited
  • Ratesetter
  • Car dealer finance brokers
  • Auto Union Finance
  • Creditas
  • DSG Financial Services
  • Eurodrive
  • Evolution Funding
  • Jigsaw Finance
  • Mann Island Finance
  • Motion Finance
  • Whichdeal Limited

For more information about this report visit https://www.researchandmarkets.com/r/pehqza



Laura Wood, Senior Press Manager


For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900