Coalville Car Finance

Used Car Finance in Coalville, Leicestershire

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

Car Finance Coalville

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 Leicestershire

As well as Coalville, GB Car Finance is pleased to assist people searching for car finance in Ashby-de-la-Zouch, Hinckley, Leicester, Loughborough, Lutterworth, Market Harborough, Melton Mowbray, Oakham, Shepshed, Skeffington, Syston, Whetstone and Wigston in Leicestershire.


More information about Coalville

Introduction

Nestled in the heart of the English Midlands region and within easy reach of three major cities, Coalville is a thriving and vibrant town with a long and diverse history. Found in north-west Leicestershire, Coalville has become an important hub for international transportation and logistics since the Industrial Revolution. As the birthplace of the car industry in Britain, it has been the cradle of motor vehicle finance, and is increasingly becoming of interest in motorsport both at home and abroad.

In this article, we'll look at the key aspects of life in Coalville and its connections to the car industry, finance industry, and motorsport. We'll also take a look at the demographics of the town, including a breakdown of its income and employment levels, as well as the ethnic make-up of its population.

Background

The earliest recorded mention of Coalville was in 1086 when it was listed in the Doomsday Book as belonging to the nearby parish of Whitwick. The houses of Coalville date from the 16th century, although much of the modern town was built in the early 19th century to service the coal mines in the area. Coal was the mainstay of the local economy for many years and it was not until the late 19th century that the region began to diversify.

The first motor car factory in Britain was established in Coalville in 1896 and provided the nucleus for the growth of the car industry in Britain. As the town gained a reputation for economic growth and innovation, coal production declined in the early 20th century, and manufacturing, engineering, and technology businesses began to thrive. By the end of the Second World War, Coalville had become a major centre for automotive manufacturing and finance.

The Car Industry

Coalville is the oldest continuously inhabited car manufacturing town in the UK. The original motor car factory, established in 1896, went on to become the Cunard Motor Company. This factory began producing cars in 1907 and remained in production until 1962. The Cunard Motors Company was responsible for producing some of the earliest cars available in Britain, and the cars it produced were considered to be some of the most high-performance vehicles of their era.

The Cunard Company continues to have an impact on the car industry in Britain, with its modern successor, the Cunard Group, still producing cars today. The Group operates several factories in Europe and the UK, including one in Coalville. These factories produce a wide variety of high-performance sports cars and luxury vehicles, many of which are exported worldwide.

The Finance Industry

In addition to its car industry, Coalville is also home to the biggest automotive finance company in the UK. The Cunard Group has a finance division, Cunard Finance, which specialises in providing funding for the purchase of cars and motorcycles, as well as finance for other smaller vehicles such as vans and camper vans. The company currently has a loan book of £3.5 billion, and its customer base includes customers from the UK and abroad.

Cunard Finance is highly respected in the motor finance industry and its customer service is considered to be excellent. The company has a wide range of products to choose from, including hire purchase, personal loan, and lease purchase options. In addition, the company is highly recognised for its approach to environmental sustainability, being one of the only major motor finance companies to offer carbon-neutral loans.

Motorsport

Coalville is rapidly becoming an important base for motorsport in the UK. The town is home to several state-of-the-art motor racing circuits, including the Coalville High Speed Circuit and the Kineeright Rally Course. The Cunard Motor Company has also established its own official motor racing team, the Cunard Racing Team, which competes in the British Touring Car Championship (BTCC).

The team was established in 2020 and has enjoyed success in its first season, with drivers Tom Onslow-Cole and Tom Ingram finishing in the runner-up and third-place positions respectively in the 2020 championship. The team has also enjoyed success in other forms of motorsport, including endurance racing and the popular Rallycross series.

Demographics

According to the latest data from the 2011 census, the population of Coalville is 28,924. The majority of the population is aged between 25 and 44 years old (53%), with the 65+ age group making up 19% of the population. This population is highly educated, with 69% having a diploma or higher qualification.

The median income in Coalville is £21,323, slightly below the regional average of £22,097. The town has a highly diverse ethnic make-up, with the largest ethnic group being White British (89.5%), followed by Asian British (6.2%) and Black British (2.2%). The remaining 2.1% of the population is made up of other ethnic groups.

Conclusion

Coalville is a vibrant and diverse town in the English Midlands region. It is the birthplace of the car industry in Britain and is home to a number of important companies in the motor industry and finance sectors, making it an important hub for business and industry. It is also becoming increasingly important in motorsport, both at home and abroad and boasts a number of state-of-the-art motorsport circuits. The population of Coalville is diverse, with a median income slightly below the regional average, and a highly educated and diverse population.