GB Car Finance specialises in used car finance in and around Hemel Hempstead. 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 Hemel Hempstead, GB Car Finance is pleased to assist people searching for car finance in Abbots Langley, Baldock, Barnet, Berkhamsted, Bishops Stortford, Borehamwood, Broxbourne, Buntingford, Bushey, Harpenden, Hatfield, Hertford, Hitchin, Hoddesdon, Kings Langley, Knebworth, Letchworth Garden City, Much Hadham, Potters Bar, Radlett, Rickmansworth, Royston, Sawbridgeworth, St Albans, Stevenage, Tring, Waltham Cross, Ware, Watford, Welwyn and Welwyn Garden City in Hertfordshire.
Hemel Hempstead — A Background
Hemel Hempstead is a town located in the Hertfordshire region of the United Kingdom and serves as the administrative centre of the borough of Dacorum. The town has an estimated population of around 81,000 people and is one of the largest settlements in the area. The first record of Hemel Hempstead dates back to the Doomsday survey of 1086 and the name of the settlement is derived from the name 'Hemele' which is an old Germanic name for a 'high meadow' or 'heath', and 'Hemp' which refers to the abundance of hemp fields which have been known to have lined the area.
Car Industry Connections
Hemel Hempstead is famously home to one of the largest Honda Car plants in Europe, which opened in 1984 and originally employed 300 people. It produces a variety of vehicles, including the Honda HR-V, the CR-V, the Jazz and the Civic, and is the only Honda facility in the UK. The plant has produced over one million vehicles since its launch, and currently employs around 1500 people.
More recently, Hemel Hempstead has seen increased investment in the automotive industry, with several car dealerships having moved to the area and the opening of the first Tesla Supercharger Station. The station is one of five located in the UK, and is the fastest of its kind; This state-of-the-art public charging point can recharge one car in as little as 30 minutes. The investment in the automotive industry has seen a large spike in the figures of drivers and vehicles on the roads in the area, making it much more of a hub for drivers both in the area and further afield.
Finance Industry Connections
In addition to its well-established car industry, Hemel Hempstead also has close links to the financial industry, with several banks and investment firms located in the area. NatWest operates a branch office in the town centre and several popular online banks, such as HSBC and Barclays, can also be found in the surrounding neighbourhoods.
The area has also attracted business from the UK's top financial firms, with American-based financial giants, such as JP Morgan, Goldman Sachs and Morgan Stanley, setting up offices in Hemel Hempstead. The close proximity to London makes the town an ideal location for these financial firms looking to maintain an international presence.
Motorsport Connections
in addition to its strong links with the car and finance industry, Hemel Hempstead is also known for its strong ties to motorsport. The Red Bull Motor Sports Team has made the town their operational headquarters and the area has several championships operating in the region. The most notable of these is the British Touring Car Championship, which is held annually at the iconic Brands Hatch Circuit and draws massive crowds each year.
The town is also home to several motorsport-related companies and events, including the Formula One Paddock Club, Race Cars Direct and F1 Dirt. These companies offer a range of services for members of this ever-growing industry, from events management and engineering support to team services, racing and corporate hospitality.
Demographics
The population of Hemel Hempstead is estimated to be around 81,000 people and is largely made up of people aged between 20 and 44 (45%). The town has a diverse range of ethnicities, with the largest proportion of its population being White British at 79%, and the remaining 21% belonging to Black, Asian, Mixed and Other minority groups respectively.
The town is known for its low unemployment rate, with just 5.4% of people aged 16 and over claiming to be unemployed in the last 5 years. The median earnings in the area are higher than the national average and the town is a popular location for commuters due to its close proximity to London, as well as its well-serviced bus and rail transport links.
Conclusion
Hemel Hempstead is a growing town with a vibrant economy and diverse demographic. The town is home to a large Honda car plant and several car dealerships, numerous financial firms and various motorsport companies and events. The area has seen a huge spike in the number of drivers on the roads due to the automotive industry investments, demonstrating that Hemel Hempstead is a hotspot for professional drivers, commuters and motorsport fans alike.