Consumer car finance new business volumes held steady in November 2025
New figures released today by the Finance & Leasing Association (FLA) show that consumer car finance new business by value and volume in November 2025 were at a similar level to the same month in 2024. In the eleven months to November 2025, new business volumes grew by 1% compared with the same period in 2024.
The consumer new car finance market reported new business up 1% by value and 5% by volume compared with the same month in 2024. In the eleven months to November 2025, new business volumes in this market were 7% higher than in the same period in 2024.
The consumer used car finance market reported the value of new business 1% lower in November than in the same month in 2024, while new business volumes fell by 3%. In the eleven months to November 2025, new business volumes in this market were 2% lower than in the same period in 2024.
Commenting on the figures, Geraldine Kilkelly, director of research and chief economist at the FLA, said: “November saw a continuation of recent trends with growth in the new car finance market offset by a modest contraction in used car finance new business volumes.
“The lower inflation and interest rate environment should help growth prospects, but regulatory uncertainty and weak consumer confidence has led to a more cautious industry outlook. The FLA’s latest research suggests that the proportion of motor finance providers anticipating some increase in new business over the next year fell from 72% to 57% between Q3 and Q4 2025.
“As always, customers who are worried about meeting payments should speak to their lender as soon as possible to find a solution.”
| Table 1: Cars bought on finance by consumers through the point of sale | ||||||
| New business | Nov 2025 | % change on prev. year | 3 months to Nov 2025 | % change on prev. year | 12 months to Nov 2025 | % change on prev. year |
| New cars | ||||||
| Value of advances (£m) | 1,454 | 1 | 5,860 | 9 | 19,017 | 8 |
| Number of cars | 51,476 | 5 | 206,940 | 10 | 667,392 | 7 |
| Used cars | ||||||
| Value of advances (£m) | 1,568 | -1 | 5,324 | 3 | 21,741 | 3 |
| Number of cars | 101,111 | -3 | 340,443 | -1 | 1,402,409 | -2 |
| Total cars | ||||||
| Value of advances (£m) | 3,021 | 0 | 11,183 | 6 | 40,758 | 5 |
| Number of cars | 152,587 | 0 | 547,383 | 3 | 2,069,801 | 1 |
| Table 2: Cars bought on finance by businesses | ||||||
| New business | Nov 2025 | % change on prev. year | 3 months to Nov 2025 | % change on prev. year | 12 months to Nov 2025 | % change on prev. year |
| New cars | ||||||
| Number of cars | 29,614 | -1 | 98,627 | 4 | 364,427 | 2 |
| Used cars | ||||||
| Number of cars | 4,954 | 24 | 14,374 | 17 | 51,428 | -10 |