Car finance estimates for London, built from published national totals and population figures.
98,100
Consumer new car finance
An estimated 98,100 new cars were bought on finance by consumers at the point of sale in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: 748,287 new cars were bought on finance by consumers at the point of sale in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
180,000
Consumer used car finance
An estimated 180,000 used cars were bought on finance by consumers at the point of sale in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: 1,375,849 used cars were bought on finance by consumers at the point of sale in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
49,000
Business new car finance
An estimated 49,000 new cars were bought on finance by businesses in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: 373,856 new cars were bought on finance by businesses in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
7,930
Business used car finance
An estimated 7,930 used cars were bought on finance by businesses in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: 60,459 used cars were bought on finance by businesses in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£2,800m
Consumer new car advances
An estimated £2,800 million of advances were made for new cars bought on finance by consumers at the point of sale in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £21,345 million of advances were made for new cars bought on finance by consumers at the point of sale in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£2,820m
Consumer used car advances
An estimated £2,820 million of advances were made for used cars bought on finance by consumers at the point of sale in London in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £21,519 million of advances were made for used cars bought on finance by consumers at the point of sale in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
5,510
Consumer new cars, monthly
An estimated 5,510 new cars were bought on finance by consumers at the point of sale in London in August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, August 2026
Estimate: 42,040 new cars were bought on finance by consumers at the point of sale in the United Kingdom in August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
14,100
Consumer used cars, monthly
An estimated 14,100 used cars were bought on finance by consumers at the point of sale in London in August 2026.
Source: Estimate from Finance and Leasing Association car finance figures and ONS mid-2025 population estimates, Borrowing Data, August 2026
Estimate: 107,303 used cars were bought on finance by consumers at the point of sale in the United Kingdom in August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in London: 7,494,593 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
7,494,593
Residents aged 16 and over
The estimated population aged 16 and over in London was 7,494,593 at mid-2025.
Source: Population estimates - local authority based by single year of age (Nomis NM_2002_1), mid-year estimates, Office for National Statistics, 30 June 2025
ONS mid-year population estimates as returned by the Nomis 'Aged 16+' category, rebased to Census 2021 and 2022 where applicable. Usual residents.