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Cartell records rising finance levels

Vehicle data expert, reports today (January 9) that the proportion of vehicles offered for sale across all years with finance outstanding is at 16.61 per cent – back to the highest levels says it has ever recorded.

This figure is up from 14.3 per cent in December 2017 and 12.5 per cent in July 2017. From a sample of over 5,906 vehicles offered for sale and checked via the website in 2018 it was found that overall levels of finance have increased 16.15 per cent in 12 months since December 2017 and 75 per cent since June 2016 when the rate recorded was 9.5 per cent.

Historic Percentages of Vehicles with Outstanding Finance checked on (Source: Carstat,

Jeff Aherne, Director, says: “We have now returned to the highest levels ever recorded by for vehicles offered for sale with outstanding finance. In December 2014 we saw levels of finance outstanding at seven per cent: so in four years the rate has more than doubled.”

He added: “A buyer is advised to check a vehicle for outstanding finance as the finance company owns the vehicle until the last payment has been made – the bottom line is that you can lose the vehicle.”


Jul-08 16.35

Feb-09 17.05

Mar-09 17.02

Apr-09 16.57

Jun-09 17.31

Jul-09 16.14

Jan-10 15.95

Jan-11 12.83

Jan-12 11.41

Jul-12 11.24

Nov-12 9.28

Jan-13 10.07

Jun-13 8.21

Nov-13 7.52

Jan-14 8.99

Jul-14 7.84

Dec-14 7.01

Jan-15 8.29

Mar-15 9.11

Jun-16 9.50

Jan-17 11.50

Jul-17 12.50

Dec-17 14.30

Dec-18 16.61