The reason why British people are able to afford large and expensive vehicles is the heavy reliance on credit. 84% of new cars were bought on finance in 2024[1]

The reason why British people are able to afford large and expensive vehicles is the heavy reliance on credit. 84% of new cars were bought on finance in 2024[1] [1] https://assets.publishing.service.gov.uk/media/6781339100e3d719f19217f1/dft-car-ownership-evidence-review.pdf https://assets.publishing.service.gov.uk/media/6781339100e3d...