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Important update
    Motor finance commissions arrangements

    The Supreme Court has handed down its judgment in relation to the appeal regarding the motor finance commissions arrangements. Close Brothers is considering the judgment – any updates will be made available on our website. We continue to operate as normal and understand the importance of keeping our customers informed.

    News and insights

    The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.

    Latest post

    Featured

    01
    EV adoption held back by cost-of-living crisis
    23 June 2022 ● Motor Finance ● 3 minute read
    02
    Car-buyers still try before they buy, but a hybrid approach is key
    23 June 2022 ● Motor Finance ● 3 minute read
    03
    Cost of driving tops the list of customer concerns, say dealers
    21 June 2022 ● Motor Finance ● 3 minute read
    04
    Close Brothers Motor Finance raises £35k for charity
    08 June 2022 ● Motor Finance ● 3 minute read
    05
    Top cars and car-buying trends of 2021
    18 May 2022 ● Motor Finance ● 5 minute read

    Latest

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    Electric vehicles charge on

    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.

    16 May 2022 Motor Finance 5 minute read

    Seven ways to manage your money and prepare for the future

    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 so

    16 May 2022 Motor Finance 5 minute read

    As forecourts open, dealer advice is critical to supporting buyers

    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 bu

    16 May 2022 Motor Finance 5 minute read

    Dealers confident for the year ahead as Brexit worries dwindle

    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’.

    16 May 2022 Motor Finance 5 minute read

    Top tips for buying a car in 2020

    Top tips for buying a car in 2020

     With the new decade drawing in, for many it’s the time to consider an upgrade for their current car. Finding and saving up to buy your dream car can be a challenge, so Seán Kemple, Director of Sales at Close Brothers Motor Finance

    16 May 2022 Motor Finance 5 minute read

    Cautious optimism as dealers hope for stability in 2020

    Cautious optimism as dealers hope for stability in 2020

     Exclusive findings from Close Brothers Motor Finance’s Dealer Satisfaction Survey reveal that most motor dealers (96%) are confident about business prospects in the market going into 2020, with almost six in 10 (58%) ‘very confide

    16 May 2022 Motor Finance 5 minute read