Dagenham Car Finance
Used Car Finance in Dagenham, Essex
GB Car Finance specialises in used car finance in and around Dagenham. 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 Dagenham
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 Essex
As well as Dagenham, GB Car Finance is pleased to assist people searching for car finance in Barking, Basildon, Benfleet, Beverly, Billericay, Braintree, Brantham Manningtree, Brentwood, Buckhurst Hill, Burnham-on-Crouch, Canvey Island, Chelmsford, Chigwell, Clacton-on-Sea, Colchester, Dunmow, Epping, Frinton, Frinton-on-Sea, Grays, Halstead, Harlow, Harwich, Hockley, Hornchurch, Ilford, Ingatestone, Leigh-on-Sea, Loughton, Maldon, Manningtree, Ongar, Purfleet, Rainham, Rayleigh, Rochford, Romford, Saffron Walden, South Ockendon, Southend-on-Sea, Stanford Le Hope , Stanford-le-Hope, Stansted, Tilbury, Upminster, Waltham Abbey, Westcliff-on-Sea, Wickford, Witham and Woodford Green in Essex.
More information about Dagenham
Introduction
As one of London's most populous boroughs, Dagenham has an interesting history dating back to Roman Britain. Although it was once an agricultural area, in the 20th century it earned the nickname 'Little Detroit' thanks to its connections to the automotive industry. It even became home to the famous Ford Motor Company, a large subsidiary of the global brand, which eventually went on to become the largest employer in the area.
Not only did Dagenham become a hub for the automotive industry, but the area also has strong links to the city's financial sector, as well as motorsport. This article will explore the borough's history and connections to the car industry, finance industry and motorsport, as well as providing an overview of its current demographic situation.
Dagenham's Car Industry
The area's pivotal role in the automotive industry began in 1904, when the Ford Motor Company chose it as the site for their first UK factory. The business, which went on to become the largest in the country, used the local workforce to build cars and provided thousands of jobs in the area. The factory closed in 2002, with the final Ford Focus production taking place at the site.
For many years the factory was the country's largest employer and its closure was a major blow to the local economy. However, Dagenham still retains strong links to the car industry. In 2003, the borough became home to the UK's largest motor park, which is now the RAC's main testing centre. The area is also home to a number of other car-related businesses, including parking enforcement company NSL, car rental company Europcar and the UK's largest auto repair chain, Kwik Fit.
Dagenham's Finance Industry
Dagenham is also well known for its strong links to the city's financial sector. In 2009, the Quercus Investment Management Group opened its headquarters in the borough, making it the first financial institution of its kind in the area. Since then, the company has grown significantly and now employs over 1,000 people.
In 2014, a second financial company, the PricewaterhouseCoopers (PwC) opened its campus in Dagenham, providing employment to another 500 people. This new venture is part of a larger regeneration project for the area, which includes the construction of over 1,000 new homes, a business park and a shopping centre.
Dagenham's Motorsport
Until 2018, Dagenham was also home to the Santa Pod Raceway, the world's longest drag racing track. Founded in 1966, the raceway played host to a wide array of prestigious motorsport events over the years, including the British Drag Racing Championship, the FIA European Championship and the World Series Finals. In 2018, the track closed its doors due to a property dispute.
Demographics
According to the 2011 census, the population of the London Borough of Dagenham was 187,695. This figure was in decline from the previous census, which recorded a population of 196,944. The borough has a high ethnic diversity, with over half its inhabitants coming from a non-white ethnic group. The largest group are White British (42%), followed by Indian (17%) Pakistani (10%) and Other Asian (7%).
The majority of Dagenham's population is of working age, and the borough has an above-average proportion of people of working age (74%). However, the area also has a high unemployment rate, with 11% of its residents aged 16-64 claiming out-of-work benefits. Over half of the working population are employed in lower-skilled jobs, such as administrative and manual roles.
Conclusion
As one of London's largest boroughs, Dagenham has a long and fascinating history. While its agricultural past is long gone, the area is still firmly rooted in the automotive, finance and motorsport industries, making it a vibrant and engaging place to live. It also has an incredibly diverse population, with a majority of its inhabitants coming from non-white ethnic groups. Although the area has a relatively high unemployment rate, this has been balanced by significant regeneration projects, as well as the presence of well-established companies such as Quercus and PwC. All in all, Dagenham remains an important business hub, as well as a thriving residential area in the heart of East London.