Car finance figures for the United Kingdom, from the Financial Conduct Authority and the Finance and Leasing Association.
In 2024, 11 per cent of adults in the United Kingdom held motor finance (now or in the previous 12 months).
Source: Financial Lives 2024 survey: Annex A (Product holdings), Financial Conduct Authority, 2024
Survey estimate, base all UK adults; fieldwork 5 February to 16 June 2024; Hire purchase, personal contract purchase or conditional sale
Reporting lenders financed 89% of private new car sales in the United Kingdom in August 2026.
Source: Consumer car finance new business volumes grew by 1% in August 2026, Finance and Leasing Association, August 2026
Published in a quote in the release text; FLA members' lending only; whole-number percentage
Reporting lenders financed 86.9% of private new car purchases in the United Kingdom in 2025.
Source: The Hidden Engine Behind UK Growth: FLA Impact Report 2026, Finance and Leasing Association, 2025
Impact report page 5 ("FLA members' impact in numbers: 2025"); FLA members' lending only; figure as laid out on the page; also stated in the Northern growth paper p.4
The number of new cars bought on finance by consumers at the point of sale was 15% higher in the United Kingdom in the 12 months to August 2026 than in the 12 months to August 2025.
Source: Consumer car finance new business volumes grew by 1% in August 2026, Finance and Leasing Association, 12 months to August 2026
Published percentage change on the same period a year earlier; Lending by FLA members only; the table gives no geography (UK per publisher).
The number of used cars bought on finance by consumers at the point of sale was 2% lower in the United Kingdom in the 12 months to August 2026 than in the 12 months to August 2025.
Source: Consumer car finance new business volumes grew by 1% in August 2026, Finance and Leasing Association, 12 months to August 2026
Published percentage change on the same period a year earlier; Lending by FLA members only; the table gives no geography (UK per publisher).
The number of new cars bought on finance by consumers at the point of sale was 748,287 in the United Kingdom in the 12 months to August 2026.
Source: Consumer car finance new business volumes grew by 1% in August 2026, Finance and Leasing Association, 12 months to August 2026
Lending by FLA members only; the table gives no geography (UK per publisher).
The number of used cars bought on finance by consumers at the point of sale was 1,375,849 in the United Kingdom in the 12 months to August 2026.
Source: Consumer car finance new business volumes grew by 1% in August 2026, Finance and Leasing Association, 12 months to August 2026
Lending by FLA members only; the table gives no geography (UK per publisher).
The value of advances for all cars bought on finance by consumers at the point of sale was £42,864 million in the United Kingdom in the 12 months to August 2026.
Source: Consumer car finance new business volumes grew by 1% in August 2026, Finance and Leasing Association, 12 months to August 2026
Lending by FLA members only; the table gives no geography (UK per publisher).
New motor finance business (consumer and business cars) written by reporting lenders was £56,930 million in the United Kingdom in the 12 months to August 2026.
Source: FLA members provided £111 billion of new lending in the eight months to August 2026, Finance and Leasing Association, 12 months to August 2026
Lending by FLA members only; the table gives no geography (UK per publisher).
In 2024, an estimated 6,100,993 adults in the United Kingdom held motor finance (now or in the previous 12 months).
Source: Financial Lives 2024 survey: Annex A (Product holdings), Financial Conduct Authority, 2024
Gross weighted estimate of UK adults; fieldwork 5 February to 16 June 2024; Hire purchase, personal contract purchase or conditional sale
In 2025/26, the motor finance consumer redress scheme was expected to return £7.5 billion to consumers in the United Kingdom.
Source: Annual report and accounts 2025/26, Financial Conduct Authority, 2025/26
Publisher's forward-looking estimate of redress, not a measured outcome; scheme covers commission and tied arrangements; the report says the rules were approved in March 2026
In 2022, 12 per cent of adults in the United Kingdom held motor finance (now or in the previous 12 months).
Source: Financial Lives 2024 survey: Annex A (Product holdings), Financial Conduct Authority, 2022
Survey estimate, base all UK adults; fieldwork 1 February to 6 June 2022; Hire purchase, personal contract purchase or conditional sale
In 2024, 11 per cent of adults in the United Kingdom held motor finance (now or in the previous 12 months). Reporting lenders financed 89% of private new car sales in the United Kingdom in August 2026. Reporting lenders financed 86.9% of private new car purchases in the United Kingdom in 2025.
In 2024, 11 per cent of adults in the United Kingdom held motor finance (now or in the previous 12 months).
Reporting lenders financed 89% of private new car sales in the United Kingdom in August 2026.
Reporting lenders financed 86.9% of private new car purchases in the United Kingdom in 2025.