Around 16 percent of adults who hold HP or PCP motor finance in the United Kingdom in 2020 borrowed 20,000 British pounds or more. In comparison, around eight percent of respondents with one of those types of car credits (hire purchase or personal contract purchase) in 2017 had borrowed over 20,000 British pounds.
Share of adults with motor finance in the United Kingdom (UK) from 2017 to 2020, by amount borrowed
(in GBP)
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Financial Conduct Authority. (February 11, 2021). Share of adults with motor finance in the United Kingdom (UK) from 2017 to 2020, by amount borrowed (in GBP) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/857933/share-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority. "Share of adults with motor finance in the United Kingdom (UK) from 2017 to 2020, by amount borrowed (in GBP)." Chart. February 11, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/857933/share-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority. (2021). Share of adults with motor finance in the United Kingdom (UK) from 2017 to 2020, by amount borrowed (in GBP). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/857933/share-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority. "Share of Adults with Motor Finance in The United Kingdom (Uk) from 2017 to 2020, by Amount Borrowed (in Gbp)." Statista, Statista Inc., 11 Feb 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/857933/share-of-adults-with-motor-finance-united-kingdom-uk/
Financial Conduct Authority, Share of adults with motor finance in the United Kingdom (UK) from 2017 to 2020, by amount borrowed (in GBP) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/857933/share-of-adults-with-motor-finance-united-kingdom-uk/ (last visited November 10, 2024)
Share of adults with motor finance in the United Kingdom (UK) from 2017 to 2020, by amount borrowed (in GBP) [Graph], Financial Conduct Authority, February 11, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/857933/share-of-adults-with-motor-finance-united-kingdom-uk/
