News and insights
The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.
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Close Brothers Motor Finance partners with fintech Zuto to digitise customer outreach
We've partnered with Zuto to enhance products and digitise the customer journey.
May 2nd ● News ● 5 minute read
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Young drivers supportive of low emission zones in their city
Drivers are divided over the impact of introducing low and ultra-low emission zones in their nearby city, according to new research from The Britain Under the Bonnet report by Close Brothers Motor Finance.May 16, 2022 Motor Finance 5 minute read
Car dealers call on Government support for motor industry following Covid-19
95% of car dealers are confident their business will survive the impact of Coronavirus, according to new research by Close Brothers Motor Finance. The study, conducted in June as lockdown measures saw showrooms reopening, found thMay 16, 2022 Motor Finance 5 minute read
Electric vehicles charge on
A third (32%) of UK drivers are planning to buy an alternative fuelled vehicle (AFV) as their next car purchase, according to the Britain Under the Bonnet report from Close Brothers Motor Finance.May 16, 2022 Motor Finance 5 minute read
Seven ways to manage your money and prepare for the future
COVID-19 changed most people’s financial situation in one way or another. And for some, times are particularly challenging right now. It can be hard to understand how your money has been affected and what options are available soMay 16, 2022 Motor Finance 5 minute read
UK car dealers expecting a V-shaped recovery, with long term confidence edging back to pre-COVID crisis levels
The UK motor industry has been hit hard by Covid-19, but car dealers are optimistic about the future of the sector. New research from the Britain Under the Bonnet report, from Close Brothers Motor Finance, reveals that short termMay 16, 2022 Motor Finance 5 minute read
As forecourts open, dealer advice is critical to supporting buyers
As car dealerships re-open following the UK lockdown, a swathe of pent-up demand for cars is being released. New research from the upcoming Britain Under the Bonnet report from Close Brothers Motor Finance reveals that would-be buMay 16, 2022 Motor Finance 5 minute read
Six in ten car dealers call for prolonged support with grants and loans from Government
New research from Close Brothers Motor Finance reveals the priorities across the motor industry as they call for further Government support in light of Covid-19. The sector has been hit particularly hard by the UK lockdown, with nMay 16, 2022 Motor Finance 5 minute read
Close Brothers Motor Finance enhances dealer Showroom platform with Remote Quote and Apply
Close Brothers Motor Finance has bolstered its Showroom proposal platform by giving motor dealers the opportunity to bring the showroom directly to their customer’s home with Remote Quote and ApplyMay 16, 2022 Motor Finance 5 minute read
Dealers confident for the year ahead as Brexit worries dwindle
New research from Close Brothers Motor Finance reveals that nearly all UK car dealers (98%) are confident about the business outlook for their dealership, whilst almost two thirds (63%) are ‘very confident’.May 16, 2022 Motor Finance 5 minute read