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The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.
Nearly half of UK drivers rethink EV plans
Our latest consumer research reveals that nearly half of UK drivers say EV tax has influenced their decision, with 22% dropping plans for a new EV and 24% now considering a used one.
14 October 2025 ● Consumer research ● 3 minute read
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We won the 2020 Finance Provider of the Year (Prime) Award!
On Wednesday 30 September, this year’s Car Dealer Power Awards with Car Dealer Magazine, took place virtually in an online ceremony. These awards are the only awards in the industry voted for by motor dealers, and they provide dea16 May 2022 Motor Finance 5 minute read
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.16 May 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 th16 May 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.16 May 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 so16 May 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 term16 May 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 bu16 May 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 n16 May 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 Apply16 May 2022 Motor Finance 5 minute read