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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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2025 is set to be a costly year for EV drivers
Our latest consumer research found that 54% of EV owners purchased their vehicle to save money and reduce running costs. 42% were unaware of changes to three key incentives coming to an end in 2025.28 June 2024 Consumer research 2 minute read
Close Brothers Motor Finance partners with fintech Zuto to digitise customer outreach
We've partnered with Zuto to enhance products and digitise the customer journey.02 May 2024 News 5 minute read
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.26 April 2024 Consumer research 2 minute read
Close Brothers Motor Finance crowns its 2024 Inspiring Woman of the Year
This year’s edition of our Inspiring Woman of Motor awards received hundreds of nominations for over 50 female colleagues - the most nominations ever received. Adele Heatlie, our Vendor Manager, was crowned the winner!17 April 2024 International Women's Day 2 minute read
Close Brothers Motor Finance launches remote ID checks
We've incorporated remote identity checks into finance applications, creating a more efficient process for customers, partners and colleagues.15 April 2024 News 2 minute read
The delayed 2030 ban allows for infrastructure expansion and charging points, say drivers
Our new research found that almost a third (30%) of motorists feel that the delay to the new petrol and diesel vehicle ban will allow for more time for an expansion in electric vehicle infrastructure and improvement in technology.25 March 2024 Consumer research 5 minute read
More than half of motorists concerned by rising fuel prices
One in two drivers say that rising fuel prices is the biggest challenge in the next 12 months, according to our new research.21 February 2024 Consumer research 5 minute read
Driving into 2024: Half of motorists concerned by rising fuel prices
Rising fuel prices are the biggest challenge in the next 12 months, say one-in-two drivers following our latest consumer research.07 February 2024 Consumer research 2 minute read
Three in five drivers say car ownership is becoming unaffordable
The cost of running a car is becoming unaffordable, according to our latest research.05 February 2024 Consumer research 5 minute read