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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 Motor Finance raises £35k for charity
The team at Close Brothers Motor Finance have raised an impressive £35,000 for the Make-A-Wish Foundation and Cancer Research UK through a series of fundraising events, with the donations still coming in.Jun 08, 2022 Motor Finance 3 minute read
Top cars and car-buying trends of 2021
As we say goodbye to 2021, Close Brothers Motor Finance looks back at the most popular cars from the year.May 18, 2022 Motor Finance 5 minute read
Global chip shortage impacting three in four UK car dealers
More than three quarters (77%) of car dealers have been impacted by the global semiconductor shortage, in striking new research from Close Brothers Motor Finance.May 18, 2022 Motor Finance 5 minute read
Close Brothers Motor Finance announces partnership with Experian to unlock new data in customer finance applications
Close Brothers Motor Finance today announces the launch of a new underwriting platform, in partnership with Experian, to transform customer onboarding processes. The partnership will play a critical role in streamlining its customMay 18, 2022 Motor Finance 5 minute read
Close Brothers Motor Finance promotes John Cassidy to Director of Commercial Partners and Matt King to Head of Partners
Close Brothers Motor Finance has promoted John Cassidy as Director of Commercial Partners, and Matt King to its inaugural ‘Head of Partners’ role.May 18, 2022 Motor Finance 5 minute read
Motorists’ Autumn Budget wish list revealed, with access to affordable electric cars coming out on top
Access to affordable electric cars tops the Autumn Budget wish list for one in three (38%) motorists, according to new research by Close Brothers Motor FinanceMay 18, 2022 Motor Finance 5 minute read
Close Brothers Motor Finance partners with Auto Trader to launch motor finance industry-first data tool
Close Brothers Motor Finance (CBMF) has partnered with Auto Trader to launch an industry-first data tool to give dealers invaluable insight into consumer demand in the marketplace.May 18, 2022 Motor Finance 5 minute read
Fuel crisis puts the brakes on car buying
The ongoing fuel crisis could prevent consumers from making a vehicle purchase, according to new research from Close Brothers Motor Finance. A fifth (20%) of the UK public admit the fuel shortage up and down the country has put thMay 18, 2022 Motor Finance 5 minute read
Reluctance to use public transport sees move towards motor
The pandemic has prompted a spike in commuters opting to drive to work instead of using public transport, according to new study from Close Brothers Motor Finance. Well over a third (37%) of UK adults confirmed their preferred metMay 18, 2022 Motor Finance 5 minute read