Strong start to 2020 for Prestige Vehicle Finance
JBR Capital has so far had its busiest winter ever, with the UK’s leading independent high-end vehicle financier having a strong start to the year – celebrating its fifth birthday in 2020.
The direct lender has revealed, from its latest monthly figures, that the average value of car financed by JBR Capital is currently £75,929.
Although the company is able to lend up to £10m for the purchase of prestige vehicles, car finance solutions are available for when borrowing £25,000 upwards – making the financing of highly sought-after cars a practical and shrewd option for many.
With the most recent data showing that the average age of vehicles financed is four years old, this reflects the trend that classic cars are typically financed less over the colder months of the year.
Darren Selig, executive chairman at JBR Capital, said, “2020 has started for us with a high volume of enquiries and pay-outs, making it our busiest winter yet since the inception of the company just five years ago.
“With the general election and Brexit out of the way, consumers seem to have moved on and are gaining confidence regarding financing their vehicles, starting to realise the benefits. We also have very strong credit, sales support and customer relations teams that are able to offer a very professional and personal service to all our clients.”
