Newport Car Finance
Used Car Finance in Newport, Gwent
GB Car Finance specialises in used car finance in and around Newport. 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.
Car Finance Newport
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…”
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 Gwent
As well as Newport, GB Car Finance is pleased to assist people searching for car finance in Abergavenny, Abertillery, Blackwood, Caldicot, Chepstow, Cwmbran, Ebbw Vale, Monmouth, Pontypool and Tredegar in Gwent.
More information about Newport
Introduction
Newport is a city and unitary authority area in South East Wales, United Kingdom. Situated between two rivers, the River Usk and the River Severn, the city is the largest urban area in the Principality and has a population of around 145,000 residents. Over the last few centuries, the city has garnered an international reputation for its key role in the history of the car industry, finance and motorsport.
The Car Industry
Newport's automotive legacy began in 1870, when the Gaer Street Carriage Factory was founded in the city. Initially producing horse-drawn carriages, the business evolved to become one of the first manufacturers of the motorcar in the United Kingdom. The company later changed its name to South Wales Motor Car Company and was founded by George Turner, who was one of the first British car producers to embrace the switch from horse-drawn carriages to motorised vehicles. The company is credited with the production of the first passenger vehicle manufactured in the country, which was a version of the popular "Daimler Light Car" built at the Newport Gaer Street factory.
In 2000, following a number of acquisitions and mergers, a new car production centre was established in Newport. The new Bristol Street Motors Plant produced engines and transmission systems for Ford and other European brands. The plant employed up to 800 people, however, following the global financial crash in 2010, it was decided to close down the facility. The closure had a detrimental impact on the local economy and the city was left without a car manufacturing presence for the first time since the late 19th century.
The Finance Industry
Newport has a long and established history of involvement in the finance industry. The city is home to some of the oldest surviving insurance companies in the country, and remains a leader in the industry today.
The first recorded use of the term "insurance" in the United Kingdom can be found in a document which was dated to around 1710 and signed by a William Georgeson, who was himself an insurance broker and proprietor in the city of Newport. William Georgeson is recognised as Britain's earliest insurance entrepreneur and the development of the insurance industry in the UK can be traced back to his endeavours in Newport during the early 1700s.
The city also played an integral role in the development of the modern pension system, as it was the site of a pioneering company established to provide financial security for workers who had retired or were unable to work due to age or disability. The National Provident and Beneficial Company, founded in 1875, was the first institution in Britain to offer a regular and secure income stream to individuals in their old age.
Motorsport
Newport is most famous for its association with the sport of motorsport. The city is home to the world-famous Newport International Race Circuit, which opened in 1927. The circuit was once the main venue for British motor racing, hosting some of the most important events in the sport's history. The circuit remains a popular destination for local and international racing fans and continues to promote motorsport today.
The circuit is also the birthplace of two British racing legends. Sir Stirling Moss, who has been referred to as 'The greatest driver never to win a world championship', was born in Newport in 1929. Moss went on to become one of the most iconic and recognisable racers, in both Formula One and motor-sports more broadly. Two decades later, David Thexton, a Welshman and self-taught designer and engineer, designed and built the famous Gurney-Allard sports cars, which have become some of the most sought after and collectable cars in the world today.
Demographics
The population of Newport stands at around 145,000 and the city is increasingly ethnically diverse. The city is home to a large number of descendants of the original Welsh settlers, who form the largest ethnic group at around 33% of the population. The city is also home to a large community of people from the Indian subcontinent, making up around 11.6%, as well as people from African and Caribbean backgrounds, making up 9.1%. Other significant ethnic groups are Chinese, Polish and Romanian.
The economy of Newport has traditionally been centred around manufacturing, retail and professional services. However, the city is increasingly embracing a knowledge-based economy and is home to a large number of tech start-ups and innovative businesses.
Conclusion
Newport is an important city in the history of the United Kingdom, with its strong connections to the car industry, finance industry and motorsport. It is a diverse and vibrant city, with an economy that continues to grow and develop. While the city has seen its fair share of economic challenges in recent years, it has weathered the storm and remains one of Britain's most iconic and historic cities.