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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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Our Britain Under the Bonnet report finds that 2.4m drivers are switching from new to used cars as economic uncertainty bites
Brexit, a global slowdown, and confusion over fuel type have caused 2.4 million drivers to think twice about buying a brand-new car. The findings from a new report published today by Close Brothers Motor Finance found, in the pastMay 16, 2022 Motor Finance 5 minute read
Sea-change in interest for driverless cars, yet consumers still not ready to commit
The proportion of UK motorists who said they liked the idea of self-driving cars has tripled in 12 months, according to the Britain Under the Bonnet report (launching April 2019) from Close Brothers Motor Finance. Three in ten driMay 16, 2022 Motor Finance 5 minute read
Twice as many car dealers see Brexit as a ‘threat’ as six months ago
Confidence amongst dealers continues to remain high at the start of 2019, with the vast majority (93%) saying they were confident about business prospects for the coming 12 months, according to the latest findings from Close BrothMay 16, 2022 Motor Finance 5 minute read
Banning petrol and diesel cars by 2032 too soon, say two-thirds of UK dealers
New research from our Dealer Satisfaction Survey has found that two-thirds (66%) of car dealers believe the Government’s plans to ban petrol and diesel cars by 2032 will be too early. The qualitative survey of more than 200 dealerMay 16, 2022 Motor Finance 5 minute read
UK car dealers remain confident about business prospects despite Brexit uncertainty
New findings from the Close Brothers Motor Finance’s Dealer Satisfaction Survey reveal that the vast majority of motor dealers (95%) are confident about business prospects in the market for 2019, up from 93% last year. Of these, sMay 16, 2022 Motor Finance 5 minute read
Close Brothers Motor Finance donates 170 toys for Mission Christmas
Close Brothers Motor Finance employees in Northern Ireland collected 170 toys and presents, plus a further £290 in donations, for Mission Christmas this year.May 16, 2022 Motor Finance 5 minute read
Close Brothers Motor Finance's Rebecca McNeil wins at CEO Today Awards 2018
Rebecca McNeil, CEO of Close Brothers Motor Finance, is a winner of the CEO Today United Kingdom Award 2018May 16, 2022 Motor Finance 5 minute read
The top 10 financed cars of 2018
The Ford Fiesta has topped the list of cars financed in the UK, according to data from Close Brothers Motor Finance. The firm family favourite is followed by the Ford Focus and the Volkswagen Golf.May 16, 2022 Motor Finance 5 minute read
Close Brothers Motor Finance employees volunteered an impressive 818 hours of their time for charity initiatives in October
Close Brothers Motor Finance employees volunteered an impressive 818 hours of their time for charity initiatives in October, the company’s volunteer month.May 16, 2022 Motor Finance 5 minute read