Vehicle finance commission complaints
The Financial Conduct Authority has published their consultation paper on the proposed motor finance compensation scheme. You can find the latest information on our website here:
Latest informationOver the last few years, consumer interest and attitude towards alternative fuel vehicles (AFVs) has shifted. There’s an increasing amount of evidence to show this market is set to grow.
As part of World EV Day 2025, we’ve created a video which provides you with the information you need to start selling AFVs confidently, it covers:
We’ve also created a downloadable guide to help you lead the charge with AFVs.
We have a range of finance options available to support your customers that may be interested in financing their AFV.
Personal Contract Purchase (PCP)
Vehicle age (start-end)
Mileage (start-end)
Annual mileage (min-max)
Personal Contract Purchase (PCP)
Vehicle age (start-end)
Mileage (start-end)
Annual mileage (min-max)
Conditional Sale and Hire Purchase (CS/HS)
Vehicle age (start-end)
Mileage (start-end)
Annual mileage (min-max)
We’ve pulled together some questions that your customers may ask about AFVs.
While AFVs might have a higher initial purchase price, their lower running and maintenance costs can make them more economical in the long run. That being said, as more manufacturers enter the AFV market, they’re becoming more affordable – as of June 2025, there are 12 new electric vehicles listed under £30,000.
As of the end of May 2025, there are over 80,000 charging points across the UK, and a new charge point is installed every 29 minutes. The Government is investing over £2.3 billion to ensure the number of charge points continues to grow.
Charging time depends on the type of charger. Home chargers are typically slower, with most people charging their car fully overnight – similar to charging a phone overnight. Rapid chargers at public locations can charge a car from 10%-80% in 20-30 minutes.
As more manufacturers enter the market, the number of AFVs available is increasing month on month. There are currently 135 electric, 100 plug-in hybrid and 50 hybrid models in the UK market for you to choose from.
Different AFV types have different ranges. Typically an average electric vehicle has a range of 200-230 miles, and an average plug-in hybrid has an electric only range for 35-50 miles, or a total range of 350 – 450 miles.