Margate Car Finance

Used Car Finance in Margate, Kent

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

Car Finance Margate

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 Kent

As well as Margate, GB Car Finance is pleased to assist people searching for car finance in Aylesford, Beckenham, Belvedere, Bexley, Bexleyheath, Birchington, Broadstairs, Bromley, Canterbury, Chatham, Chislehurst, Cranbrook, Dartford, Deal, Dover, Edenbridge, Erith, Farnborough Village, Faversham, Folkestone, Gillingham, Gravesend, Greenhithe, Herne Bay, Hythe, Keston, Longfield, Maidstone, New Romney, Orpington, Paddock Wood, Ramsgate, Rochester, Sandwich, Sevenoaks, Sheerness, Sidcup, Sittingbourne, Speldhurst, Sutton at Hone, Swanley, Swanley Village, Swanscombe, Tenterden, Tonbridge, Tunbridge Wells, Welling, West Malling, West Wickham, Westerham, Westgate-on-Sea and Whitstable in Kent.


More information about Margate

Introduction

Margate, a vibrant seaside town situated on the coast of Kent in the United Kingdom, is home to a thriving car industry, finance industry, and motorsport scene. With a population of approximately 48,000, Margate offers a unique blend of traditional seaside fun and high-tech, innovative industries. In this article, we explore the unique connections between Margate and the world of cars, finance, and motorsport. We will discuss the history, current economy, and demographics of the town, in addition to its varied and diverse culture. We will also explore how Margate has become a centre for the UK's automotive and financial industries, as well as a hub for motorsport.

History of Margate

Margate has long been known for its sandy beaches, well loved among visitors from London and further afield. The town was first inhabited by the Romans and was used as an escape from the big city to the coast. Later, in the 18th century, Margate became a fashionable resort town, and a popular destination for the upper classes. By the 20th century, the town began to decline economically, and the lack of investment saw its fortunes dwindle further.

However, the past few decades have seen a resurgence of investment and regeneration in Margate, with the town's economy now mainly focused on the automotive and financial industries.

Car Industry in Margate

The car industry has been a significant presence in Margate since the early 20th century. The local car manufacturer, Peugeot, first opened a factory in the town in 1911. Since then, the iconic French brand has established itself as one of the main employers in the area. The factory produces a range of different vehicles, from hatchbacks to SUV's. Peugeot's presence in Margate has seen the town become renowned for its production of high quality cars.

The town is also home to several other car-related businesses. Robert Parker Ltd, a renowned dealership, has operated in Margate for over 40 years. They specialise in Peugeot and Citroen cars, as well as providing a range of aftermarket services and parts.

Local car manufacturing is bolstered by the presence of numerous garages, such as Margate Auto Centre and Motor Parts International, who provide servcing and repairs for local vehicles.

Finance Industry in Margate

The finance industry has a long and illustrious history in Margate, with numerous banks and financial services firms having established operations in the town. The most notable of these is Barclays Bank, who have had a presence in the town since 1906. Other large financial institutions such as HSBC and Lloyds Bank also have branches in Margate.

Investment banking, asset management, and venture capital are all flourishing in the area, thanks to the presence of firms such as Hilton Capital Partners and Smith & Co. Investing. These companies provide a wealth of financial services to local businesses and individuals, as well as offering advice on investments and financial planning.

Motorsport in Margate

Motorsport has gained a foothold in Margate since the early 20th century, with the town hosting a variety of different events. One of the most significant events held in the town is the annual Margate Classic Car Rally, a popular event among car enthusiasts. The event sees classic cars from all over the country gather in Margate, as well as leading to a weekend of exciting racing and entertainment.

The town is also home to the Margate Speed Circuit, a popular venue for motorsport events. The circuit hosts a range of motor-racing events throughout the year, from karting and bike races to classic car rallies. The venue is also home to a range of different clubs and groups, from enthusiasts clubs to motocross clubs.

Demographics of Margate

The population of Margate is estimated to be 48,000, with the majority of the population being White British (77.6%), followed by Asian/Asian British (7.3%). The remainder of the population is made up of Black/African/Caribbean/Black British (7.1%), Mixed/Other Ethnic Groups (5.8%), and other ethnic groups (1.2%). Margate has a relatively young population, with the median age of residents being 39 years old.

Conclusion

Margate is a vibrant seaside town with a distinct character and culture. Its proximity to London and its varied industries have made it a popular destination for visitors and business alike. The car industry, finance industry, and motorsport scene all contribute to the unique atmosphere of the town. With a long and varied history, as well as a dynamic and diverse population, Margate is a thriving and exciting place to be.