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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Drivers weigh up price and brand-loyalty when choosing new vehicles
In our latest consumer research, we've revealed the key factors in the decision-making process of drivers looking to purchase their next vehicle.
Apr 26th ● Consumer research ● 2 minute read
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Close Brothers acquires Bluestone Motor Finance in Ireland
Close Brothers Motor Finance has over a decade of experience in the Irish market, having helped over 130,000 customers finance vehicles. Today, Close Brothers acquires Bluestone Motor Finance in Ireland.Sep 20, 2023 News 2 minute read
Car dealers think 2030 petrol and diesel ban will be changed or scrapped
Our latest Forecourt Foresight research revealed that 85% of dealers don’t believe the government’s 2030 ban will go ahead as planned, with one in five (18%) believing it’ll be scrapped altogether.Sep 18, 2023 Forecourt Foresight 2 minute read
Cost-of-living top hurdle for 7 in 10 dealers
The cost-of-living crisis is the biggest challenge for 7 in 10 car dealers, according to our latest Forecourt Foresight research. More than half say stock availability is a huge challenge. Read the full article for more detail.Aug 21, 2023 Forecourt Foresight 2 minute read
Cost-of-living crisis continues to hamper car buying plans say car dealers
The ongoing cost-of-living crisis is continuing to impact the buying behaviour of those looking to purchase cars, according to our latest Forecourt Foresight research.Aug 01, 2023 Forecourt Foresight 2 minute read
Countdown to Consumer Duty deadline, but what matters most to customers?
Countdown to Consumer Duty deadline, but what matters most to customers?Jul 21, 2023 Consumer Duty 3 minute read
Myth-busting 101: Common misconceptions about dealer funding
Alex Griffin, our Director of Product, discusses all things dealer funding, and explains five common myths.Jul 14, 2023 Funded dealer 5 minute read
9 out of 10 dealers are aware of the upcoming Consumer Duty legislation
According to our exclusive Forecourt Foresight research, 9 in 10 motor dealers surveyed are aware of the FCA's new Consumer Duty. This is up from 63% in the previous quarter.Jul 12, 2023 Forecourt Foresight 2 minute read
Dealers speeding towards online sales as costs soar
According to our latest Forecourt Foresight research, dealers are making changes in the current economic climate by shifting their focus towards online sales. Read more, including comments from our Director of Sales, Lisa Watson.Jun 14, 2023 Forecourt Foresight 2 minute read
Close Brothers Motor Finance raises over £17,000 for charity
In just a week, we've raised an outstanding £17,324 for Cancer Research UK and Make a Wish Foundation!Jun 12, 2023 Charity Week 2 minute read