Reading Car Finance

Used Car Finance in Reading, Berkshire

GB Car Finance specialises in used car finance in and around Reading. 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.

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Used Car Finance Reading

Car Finance Reading

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 Berkshire

As well as Reading, GB Car Finance is pleased to assist people searching for car finance in Ascot, Bracknell, Crowthorne, Hungerford, Maidenhead, Newbury, Sandhurst, Slough, Taplow, Thatcham, Theale, Windsor and Wokingham in Berkshire.


More information about Reading

Reading in the United Kingdom and its Links to the Car Industry, Finance Industry and Motorsport

As one of the oldest cities in the UK, the city of Reading holds a special place in the hearts of many Brits. Reading is not only a place with a rich heritage and culture, but it has also become a major centre for businesses of many types, from financial services to car manufacturing, from motorsport to hi-tech engineering. In this article we will explore the history, current state, and possible future of Reading's close connection with the car industry, finance industry and motorsport.

History

The city of Reading has been a hub of industry and civic life since the 18th century. During the 19th century, its various railway systems, canals, and breweries enabled it to become somewhat of an industrial powerhouse, while its growing population made it a centre of commerce, finance and culture. During this period, the car industry and finance industries both began to take hold in the area. In 1914, the Reading Motor Works opened, producing cars and light commercial vehicles until the 1970s. It was the first in a long line of car manufacturing operations that would eventually become synonymous with Reading. The city also boasts a long history of finance, with a number of banking operations having been based there, while the High Street also supports a number of specialist financial services businesses.

The connection between motorsport and Reading stretches back even further. The first public motor race was run around Reading in 1899 and since then, the speedway has provided an exciting and compelling racing experience for thousands of motorsport fans. The Reading F1 circuit has lent itself to a number of major international events, from the British Grand Prix to the World Rally Championship.

Demographics

Reading has a population of over 165,000, according to the most recent census figures. It is the 40th most densely populated urban area in England and the 7th largest in South East England. Around 20% of the population is young, with the age range 18 to 24 making up the largest segment, while 30% are between the ages of 25 and 44. The rest of the population is either over 45 or under 18.

Reading's socio-economic demographic paints an interesting picture. In 2011, the average earnings in the Reading Urban Area were just above the national average. The majority (58%) of the workforce is employed in service occupations, while professional, technical and managerial/administrative roles make up the next largest group at 15%. Manufacturing, finance, and IT account for a further 8%.

Car Industry

Reading has a long-standing relationship with the car industry, which has gone from strength to strength over the years. Reading Motor Works was the first car factory, established back in 1914, and since then has been joined by several other major car manufacturers. The most established today is that of BMW Group, which took over one of the largest car factories in Reading in 1969. Now, BMW Group produces cars and parts for BMWs and Mini Coopers, while its engines can be found in a wide range of other cars.

In addition, a number of specialist and heritage car operations are based in Reading, includiing TH White, Morgan, and Singer. The city is also home to a number of significant car components manufacturers, such as GKN Automotive.

Finance Industry

Reading is a thriving financial hub, with a number of businesses based in the city, particularly in the banking and professional services sectors. In recent times, HSBC and Barclays are just two organisations relying on the city's finance credentials.

In addition, several other specialist businesses and institutions can be found in the city, including a number of financial advisory firms, international wealth and asset management companies, and insurance corporations. As of 2015, the finance and business services industry made up a large portion of Reading's economy, with estimates as high as 30%.

Motorsport

Motorsport is one strand of the connection between Reading and the car industry. The city is home to the oldest motorsport hall of fame in Britain, while its connections to Formula 1 can be traced back to the 1950s. The famous Reading F1 circuit, opened in 1962 and hosted many famous races including the British Grand Prix in the 1970s and 1980s. The circuit was eventually sold off in the 1990s, but its legacy still lives on in motorsport culture, with regular tributes and events held at the circuit.

In addition, the city's speedway track is home to the Reading Speedway Club, who have had a presence in the city since the 1920s. Races are still held on these historic grounds and are an exciting spectacle for spectators.

Conclusion

As can be seen, Reading has an established history of industry, commerce and culture, and this is illustrated by its close ties with the car industry, finance industry and motorsport. Although some of these industries have changed in recent years, the city is still an important hub of activity in all of these fields. The city is also home to a thriving population of young people, working in a range of occupations, while the continuing demand for car and finance services demonstrates the importance of these industries to Reading's economy. Finally, the city offers a unique mix of motorsport heritage, offering something for all motorsport fans.