London car finance firm shifts up a gear with record winter figures

A London car finance and loan company has announced that it has had its best winter ever.

JBR Capital reported today that the average value of cars financed was £75,929 in its latest monthly figures.

Although the company is able to lend up to £10m for the purchase of prestige vehicles, car finance solutions are available for when borrowing £25k upwards.

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, commented: “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.”

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