With the number of PHVs and PCOs projected to rise, Ayan Capital empowers new and existing business drivers to purchase a new vehicle with its Islamic finance offering. Its tech-enabled solution is fast, accessible and easy-to-use, allowing the drivers, who are approved, to obtain a car for up to £50,000 within days from any dealership in the UK.
Research reveals more than 50% of people looking to buy a car in the next 12 months plan to use car finance; this comes at a time when the number of vehicles bought using finance increased by more than 100,000 between 2021-2022 alone. However, when asked, 100% of respondents failed to correctly identify elements of a car finance agreement and 62% didn’t know what documents or personal information are required to apply.
OodlePay gives consumers pre-approved car finance, meaning they begin shopping with a budget in hand, giving them more control and equipping them with the information they need.
New Britain Under the Bonnet report from Close Brothers Motor Finance reveals that in the past year, the proportion of drivers saying they will opt for finance, leasing or renting for their next car has increased by 15% (from 37% in 2018 to 43% now).
When it comes to car finance, you are free to take a look around and find the best deals that are available to you.
