News and insights
The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.
EV demand continues to surge despite consumer concerns
Our latest research shows demand for electric vehicles continues to grow, with dealers reporting increased interest throughout the buying journey. Findings highlight the opportunities and barriers facing the transition to EVs.
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Potholes are costing Brits more than £5billion
Our latest research shows 36% of motorists have had car damage from potholes, costing Brits billions.02 June 2025 Consumer research 2 minute read
Motor dealers report rising concerns over fraud
Motor dealers are reporting rising levels of fraud and attempted fraud, according to new Forecourt Foresight research from Close Brothers Motor Finance.28 May 2025 Insights 3 minute read
Car confessions: Motorists admit to fuelish mistakes
One in three (32%) motorists have forgotten to lock their vehicles, a quarter (25%) have left something on top of their car13 May 2025 Consumer research 4 minute read
Dealer doubts over the 2030 petrol and diesel ban despite Government's accelerated timeline
New Forecourt Foresight research from Close Brothers Motor Finance found that most dealers remain sceptical that the 2030 ban on new petrol and diesel vehicles will go ahead in 2030.31 March 2025 Forecourt Foresight 3 minute read
Insurance hikes overtake fuel prices as leading concern for motorists in 2025
Our latest research revealed that over a third of consumers are concerned about car insurance hikes25 February 2025 Consumer research 5 minute read
Key things to check when buying a second-hand car
The top five things for consumers to consider before purchasing a second-hand car.25 February 2025 Consumer research 3 minute read
One in three drivers fail to check if a second-hand car has been in a prior accident
Our latest consumer research found that one in three drivers fail to check if a second-hand car has been in a prior accident.30 January 2025 Consumer research 4 minute read
Close Brothers Motor Finance raise £6,529 for Cash for Kids’ Mission Christmas appeal
We raised £6,529 over Christmas last year for Cash for Kids’ Mission Christmas campaign – the largest toy appeal in the UK!20 January 2025 Mission Christmas 2 minute read
Most financed cars of 2024
As we kick off the new year, we look back on the most popular cars to finance in 2024.02 January 2025 Insight 5 minute read