This is a simple re-post from the Bank of England Bank Underground blog, but well worth a read, especially given the recent reports about the UK economic prognosis for the next year. Question is, is a predominantly finance-driven new car sales culture going to sustain the dealership business model? If not, what are the alternatives?

In conclusion, the UK car industry has seen very strong demand growth in recent years, which most participants believe is not sustainable.

Industry innovation in the area of finance has been great news for consumers — a greater percentage of us can now drive the more expensive car brands — but as the industry constantly chases targets, volume and market share, it becomes increasingly vulnerable to shocks.

Here’s the full read