Members provided £45 billion of new finance to help households and businesses purchase cars in 2021, including for 92% of all private new car registrations in the UK.
In 2007, the FLA introduced Specialist Automotive Finance (SAF) which aims to raise professional standards and improve the knowledge of dealership staff involved in selling motor finance. We also have an online impartial guide to car finance www.financingyourcar.org.uk to help consumers understand the different motor finance options available to them.