Lanark Car Finance
Used Car Finance in Lanark, Lanarkshire
GB Car Finance specialises in used car finance in and around Lanark. 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 Lanark
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 Lanarkshire
As well as Lanark, GB Car Finance is pleased to assist people searching for car finance in Airdrie, Biggar, Carluke, Coatbridge, Glasgow, Hamilton, Larkhall, Motherwell, Strathaven and Wishaw in Lanarkshire.
More information about Lanark
Lanark, a small town in South Lanarkshire, Scotland, is an important hub for Scotland's car industry, finance industry, and motorsport. With its mostly rural economy, its population is well educated, with a strong focus on the three industries that power the local economy. Situated on the banks of the River Clyde, Lanark has the potential to bring together the diverse elements of Scotland's car industry, finance industry, and motorsport in one of the UK's most productive and interconnected rural locations.
The automotive industry in Lanark
Lanark has a proud history in the automotive industry, both in car production and assembly. In 2020, the area employed 13,569 people in the motor industry, a figure that is set to grow in the coming years as the industry is set to benefit from burgeoning research and development investment in the region.
For many years, Lanark was the site of a GM vehicle assembly plant, with the last GMC vehicles leaving the factory in 2009. The site has since been taken over by the Kia Motors Corporation, a South Korean auto manufacturing giant, who employs more than four thousand people in Lanark. Kia has invested almost $1 billion in the area since taking control of the site in 2009.
Kia is one of the largest automakers in the world, and the plant produces a number of different models for the European market, including the popular Picanto and Soul. Other models such as the Stonic are also manufactured at the plant, and the site is currently undergoing expansion to further meet the increasing demand for its vehicles.
The finance industry in Lanark
The finance sector also plays an important role in the local economy. Lanark has become a hub for financial services, with more than 1,500 people employed in the sector in the area. Major companies such as the Royal Bank of Scotland, Lloyds Bank, and Prudential have offices in Lanark, taking advantage of its central location in the heart of Scotland and its educated workforce.
It is home to the only stock exchange in Scotland, Lanark Stock Exchange, which has been operating since 2007. The Perth-based Lanark Asset Management firm manages investments around Lanark, with a strong focus on emerging markets and small cap equities. Lanark provides a good base of operations for firms needing access to the European Union's single market and to international financial markets.
Motorsport in Lanark
Lanark has a passionate motorsport community and is often seen as a hotbed of talent. It is the home of the Lanark Motor Racing Club, founded in 1948 and a founding member of the Scottish Motor Racing Club (SMRC).
Each year, Lanark hosts the Lanark Grand Prix, a major event for the motor racing world. Attracting some of the top cars and drivers from around the world, the event is one of the primary sources of income for the town. The competition is held both on the streets of Lanark and at local racetracks.
The town is also the birthplace of Jackie Stewart, one of the world's most successful Formula 1 drivers and three-time world champion. Stewart attended a local school, Lanark Grammar, before leaving to pursue his motorsport career. He began his career racing karts on local tracks and also provided support at local events. Today, Stewart remains a strong role model for young motorsport enthusiasts in Lanark.
Demographics
The most recent census shows that the population of Lanark is 16,319. The average age of the population is 43, with the majority of people aged between 25 and 54. The majority of the population is employed, with over 84% of the population aged between 16 and 64 in work.
There is a high number of people with professional qualifications and a high level of higher education in the area. Over 37% of people aged 16—64 have a degree or equivalent qualification and a further 33% have a higher education qualification.
Conclusion
With a focus on the car industry, finance, and motorsport, Lanark is an important hub for these industries in Scotland and across the UK. Its educated workforce and central location in the UK have enabled it to become a popular location for investment in the three industries, and it is set to remain a key part of the UK motor industry for years to come.