

Used car finance led the market recovery in June, reports FLA
The Finance and Leasing Association (FLA) has said that the consumer used car finance sector’s 9% growth by value and 2% by volume drove a market “bounce back” in June. Although overall business volumes in the first half of the year were 32% lower than the same period in 2019 as a result of the COVID-19 coronavirus lockdown, June’s used car finance result provided some cause for optimism. The FLA said that the overall value of advances rose to £1.6 billion as a total of 121,9