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.
Featured
Latest
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
One in four drivers to switch to hybrid as their next vehicle purchase
More than half of motorists plan on purchasing a vehicle this year, and more than a quarter will buy a hybrid vehicle, according to our latest research.01 February 2024 Consumer research 3 minute read
Motor Dealers still looking to invest despite rising costs
Despite economic uncertainty, motor dealers are still looking to invest in their forecourts this year, that's according to our latest Forecourt Foresight research.29 January 2024 Forecourt Foresight 5 minute read
Close Brothers Motor Finance raise £5,601 for charity Mission Christmas appeal
We've raised just over £5.5K for underprivileged children over Christmas, as part of Cash for Kids’ Mission Christmas – the largest toy appeal in the UK!08 January 2024 Mission Christmas 2 minute read
Most financed cars of 2023
We reflect on the most popular cars to finance over the course of 2023.02 January 2024 Motor Finance 2 minute read
Cost-of-living growing in concern for motor dealers
82% of dealers list customer affordability as main concern in 2024, according to our Forecourt Foresight research.13 December 2023 Forecourt Foresight 5 minute read
Motor finance that goes the extra mile for you, whatever your circumstances
Buying a vehicle is an expensive purchase. That's why we believe the way you choose to pay is just as important as the vehicle you want to buy. For over 30 years, we've provided affordable solutions, whatever the economy brings.21 November 2023 News 5 minute read
Two in three consider plugging into electric vehicles
According to our latest consumer research, almost two in three (64%) motorists say they would consider buying an AFV as their next vehicle purchase - up 106% on last year.14 November 2023 Consumer research 5 minute read
Close Brothers Motor Finance raises more than £2,000 for BEN
We raised over £2,000 for automotive charity, BEN, by taking part in the ‘Bangers4Ben’ car rally!01 November 2023 Motor Finance 3 minute read