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MFD News Release - 6 July 2022

6 July 2022

Motor Finance - 55kb DOCX

Consumer car finance new business volumes fell by 4% in May 2022

New figures released today by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in May 2022 by 4% compared with the same month in 2021. The corresponding value of new business grew by 6% over the same period. In the five months to May 2022, new business volumes were 10% higher than in the same period in 2021.