{"id":3756,"date":"2016-07-14T11:02:44","date_gmt":"2016-07-14T11:02:44","guid":{"rendered":"https:\/\/dev.lnetdev.uk\/thevra2026\/?p=3756"},"modified":"2016-07-14T11:02:44","modified_gmt":"2016-07-14T11:02:44","slug":"double-digit-growth-consumer-used-car-finance-may","status":"publish","type":"post","link":"https:\/\/dev.lnetdev.uk\/thevra2026\/double-digit-growth-consumer-used-car-finance-may\/","title":{"rendered":"Double-digit growth in consumer used car finance in May"},"content":{"rendered":"<div data-ads-body-copy=\"true\" data-ads-first=\"2\" data-ads-every=\"3\">\n<h3>Point of sale (POS) consumer used car finance on new business grew 22% by value and 18% by volume in May, compared to the same month in 2015.<\/h3>\n<p>New figures released today by the Finance &amp; Leasing Association (FLA) show the POS consumer new car finance market also reported growth in May, with new business up 14% by value and 8% by volume.<\/p>\n<p>The percentage of private new car sales financed by FLA members through POS reached 84.3% in the 12 months to May, up from 83.6% in the twelve months to April.<\/p>\n<p>Geraldine Kilkelly, head of research and chief economist at the FLA, said: \u201cThe POS consumer car finance market continued to report robust growth in May, as new business volumes overall grew by 14% compared with the same month in 2015.<\/p>\n<p>\u201cNew business volumes in these markets in the first five months of 2016 grew at a similar rate.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"img-responsive\" style=\"float: left;\" title=\"Cars bought on finance by consumers through dealerships and bought on finance by businesses - May 2016 FLA\" src=\"https:\/\/amcdn.blob.core.windows.net\/media\/1\/FLA\/flafinancemay2016.png\" alt=\"Cars bought on finance by consumers through dealerships and bought on finance by businesses - May 2016 FLA\" width=\"585\" height=\"444\" \/><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Point of sale (POS) consumer used car finance on new <a class=\"moretag btn btn-primary\" href=\"https:\/\/dev.lnetdev.uk\/thevra2026\/double-digit-growth-consumer-used-car-finance-may\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":4,"featured_media":2239,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[267,161],"class_list":["post-3756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-finance","tag-fla"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/3756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/comments?post=3756"}],"version-history":[{"count":0,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/3756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/media?parent=3756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/categories?post=3756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/tags?post=3756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}