Coventry Car Finance

Used Car Finance in Coventry, West Midlands

GB Car Finance specialises in used car finance in and around Coventry. We will work hard to help you obtain an approval decision, based on affordability, in minutes and drive away your new used car within 24 hours!

Car Finance Based On Affordability

If you need a loan to buy a used car then you have come to the right place - We could help to find car finance for you regardless of your current financial circumstances. We regularly help people with bad credit, even if they have been refused elsewhere. Simply complete the form opposite to apply.

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Car Finance Coventry

We are available to help people access car finance 247, 365 days a year - Whether you need an affordable family saloon, an economical hatchback, a large car or a people carrier we will work hard to help you find the right car for you. Apply online day or night, or speak with one of our friendly operators who will help guide you through the car finance application process and answer any questions you have.

“I was happy with the deal I got for my new car as I've struggled in the past to get the finance from any other company as I've had bad credit. They were very helpful on the phone and helped me choose my car - I was more than happy and would recommend GB Car Finance to anyone…”

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All circumstances considered - CCJs, defaults, arrears, self employed, benefits, limited or no credit history, refused car finance elsewhere - Whatever your circumstances we'll look to help.

Used Car Finance in West Midlands

As well as Coventry, GB Car Finance is pleased to assist people searching for car finance in Bilston, Birmingham, Brierley Hill, Cradley Heath, Dudley, Halesowen, Henley-in-Arden, Kingswinford, Oldbury, Rowley Regis, Smethwick, Solihull, Stourbridge, Sutton Coldfield, Tipton, Walsall, Wednesbury, West Bromwich, Willenhall and Wolverhampton in West Midlands.

More information about Coventry

Introduction

Coventry is a city located in the West Midlands region of England near the River Sherbourne. Situated in the heart of England, Coventry is known for its history of motorsport, car manufacturing, and finance. It is a city deeply steeped in culture and has a vibrant atmosphere befitting its historical importance. For centuries, Coventry has served as a major hub for the UK car industry, finance industry and motorsport.

Coventry's Demographics

Coventry currently has a population of 347,000, making it the tenth largest city in the UK. Its population has grown from the 226,000 living there in 2001. The city has a diverse and multicultural composition, reflecting the various, mainly European, nationalities which have settled in Coventry over the years. The city is also home to a variety of ethnicities, including Black Caribbean, Mixed and Indian. As of 2021, Coventry's unemployment rate stands at 5%, significantly lower than the national average.

Coventry's Economy and the Car Industry

Coventry is known as "the birthplace of the British motor industry". The city has been important to the UK's car industry for many years, with the Automobile Association tracing its roots back to the engineering companies founded in Coventry in the late 19th century. In 1897, the Coventry Bicycle Company, predecessor to the Rover Group, began producing bicycles and later transitioned to producing cars.

In the pre-World War II years, Coventry became known as one of the UK's leading centres of car manufacturing. Major companies such as Jaguar Land Rover and Peugeot all had factories in the city. During this period, the car industry was responsible for the bulk of Coventry's economy and its manufacturing capabilities.

Coventry's economy and car industry suffered a significant blow in the 1950s, with the closure of much of the city's manufacturing sites due to the advent of globalisation. This caused a lengthy period of stagnation and the city's economy had to find alternative sources of income. Throughout the 70s, 80s and 90s, Coventry reinvented itself as a centre for automotive engineering, research, and development. This allowed the city to retain its importance to the UK's car industry, despite the loss of its traditional manufacturing base.

Today, Coventry is experiencing something of a renaissance, particularly in the field of automotive engineering. With the redevelopment of Codemasters' legendary Racing Point factory and the relocation of the high-performance Jaguar Land Rover plant, Coventry is again finding itself at the forefront of the UK's car industry.

Coventry's Finance Industry

Coventry is also an important hub for the UK's finance industry. Over the years, it has become a major centre for businesses engaged in financial services, banking and investment. Coventry boasts a number of notable banks and financial institutions such as Coventry Building Society, HSBC, and Standard Life.

The finance industry is a major contributor to the city's economy. The city has two major universities, Coventry University and the University of Warwick, both of which have highly acclaimed engineering and business faculties. This has led to an influx of highly educated professionals to the city, which in turn has attracted large financial institutions. Additionally, City Brokers, international accountancy firms and financial planners have also set up in Coventry, further diversifying its economy.

Coventry's Motorsport Industry

Since the turn of the 20th century, Coventry has been a hotbed for motorsport. The city's first racetrack, the Coventry Motordrome, opened in 1906 and hosted some of the first competitive races of the modern era. It was here that the Coventry Motor Club was formed which is credited with sparking the public's enthusiasm for racing. This laid the foundations for the modern motorsport industry.

Today, Coventry is home to a number of prestigious racing events, including the Formula One British Grand Prix at Silverstone and the British Touring Car Championship. The city has also become a major base for teams and personnel involved in motorsport. It is home to various engineering firms specializing in racecar technology and maintenance and is also the birthplace of some of the sport's greatest names, including Stirling Moss and Murray Walker.

Conclusion