GB Car Finance specialises in used car finance in and around Caernarfon. 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!
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.
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.
As well as Caernarfon, GB Car Finance is pleased to assist people searching for car finance in Amlwch, Barmouth, Blaenau Ffestiniog, Dolgellau, Harlech, Holyhead, Llandudno, Llanfairfechan, Llangefni, Llanrwst, Menai Bridge, Penmaenmawr, Porthmadog, Pwllheli and Tywyn in Gwynedd.
'Caernarfon in the United Kingdom and its Connections to the Car and Finance Industries and Motorsports'
Introduction
Caernarfon, a town located within the United Kingdom's Gwynedd county, has recently become known as a hub within the automotive, finance and motorsport industries. While Caernarfon has historically been dominated by agricultural and tourism industries, a recent surge in the number of retail and finance businesses have caused a shift in the area's industrial makeup.
The town is home to a populace of 5,400 people, of which 79% are Welsh-speakers. Caernarfon is located 164 miles from London and 22.7 miles from Bangor. This small Welsh town acts as the gateway to North Wales and contains large areas of industrial land, most of which is located within the Deiniol Industrial Estate.
The Car Industry
In November 2019, Aston Martin announced their plans to open a manufacturing plant in Caernarfon. Aston Martin Wales, as it will be known, will solely focus on the production of electric cars. Since then, the global automotive enterprise, Volkswagen, has also expressed interests in opening a manufacturing plant in the area.
The car industry in the Caernarfon area has before now been largely driven by second-hand car dealerships. This, too, is an area in which the local economy is thriving. Caernarfon's sales of used cars have increased steadily since 2017, resulting in an increase of 3.2%.
Finance Sector
Traditionally, the finance industry has played a limited role in Caernarfon's economy. However, this has changed in recent years due to a locally-lead initiative in which several finance and banking professionals have sought to establish a local banking cluster. This cluster, which is still in its early stages, has attracted a number of international banking institutions such as HSBC and Bank of Ireland to the area.
The presence of these banking institutions has allowed for job creation and wealth-creation chances for local residents, including entrepreneurship support and other such initiatives. In addition, the area's accessibility to finance companies has facilitated the emergence of several local investment funds and venture capital firms, which further contribute to the local economy.
Motorsport
The British motorsport industry is another area in which Caernarfon is flourishing. The town is home to several racing car fabrication and equipment companies. As a result, the area is becoming well-known for the supply of efficient and high-quality racing car parts and accessories.
The presence of such firms has led to the emergence of several motorsport competitions around the town, including the annual Crimsworth Motor Sports event that takes place every year in August. These events attract competitors and spectators from all over the United Kingdom and Europe as a whole.
In addition, the business cluster of Caernarfon offers a wide range of services related to the motorsport industry, such as legal advice and repair services. These companies have become increasingly important in the motorsport industry due to their easy accessibility and wide range of quality services.
Conclusion
Caernarfon is a small town in the United Kingdom that is fast becoming known as the gateway to North Wales. Its recent surge in the number of retail and finance businesses, as well as its involvement in the car and finance industries, has helped to make this town a centre of economic activity. In addition, its involvement in the motorsport industry has led to the ultimate creation of a business cluster that offers a range of services related to motorsport events in the area.