GB Car Finance specialises in used car finance in and around Newcastle. 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 Newcastle, GB Car Finance is pleased to assist people searching for car finance in East Boldon, Gateshead, Houghton le Spring, Jarrow, North Shields, Rowlands Gill, Ryton, South Shields, Sunderland, Wallsend, Washington and Whitley Bay in Tyne and Wear.
Newcastle upon Tyne — United Kingdom Hub of Automotive Manufacturing, Finance, and Motorsport
The bustling, cosmopolitan city of Newcastle upon Tyne is situated in the North East of England, just across the River Tyne from Gateshead. Coupled with a rich and vibrant culture, Newcastle upon Tyne is also home to a number of industries, most notably the automotive sector. Financing, manufacturing, and motor sporting are all things that the city has to offer and help this city towards achieving its potential.
History of Automotive Manufacturing in Newcastle upon Tyne
Recent decades have marked an important period of transformation in the city and its industrial output. One of the most significant transformations has been the city's switch from traditional shipbuilding and heavy engineering to a new focus on automotive manufacturing. The announcement that the Doxford International Automotive plant was to be built on the banks of the Tyne in Petts Wood, provided a huge boost to the local economy of Newcastle upon Tyne.
The Doxford International Automotive Plant was opened in 1996 and was initially tasked with producing a number of leading models of cars for Ford Motor Company, subsequently creating 8,000 jobs in the region. Over the years, other leading car makers such as Nissan, VW, Peugeot, and Renault have also taken advantage of Newcastle upon Tyne's cheaper cost of labour, reaching a combined output of 1.2 million vehicles in 2019 into the UK and global markets.
Financing in Newcastle upon Tyne
As one of the UK's key industrial hubs, Newcastle upon Tyne and its hinterlands are the home to a number of important financial organisations, many of which are now involved in servicing the needs of the city's automotive sector and automotive suppliers.
Businesses such as HSBC, new European investment bank, Yorkshire Bank, and Handelsbanken offer financial guidance to some of the city's largest automotive businesses, helping them develop new business strategies and implement them in a cost-effective manner. Some of these organisations also provide loan facilities to businesses in and around the city, helping them grow further.
In recent years, the prospects ofinvestment and growth for businesses in the city have been further encouraged by the establishment of the Accelerator Business Centre in the centre of Newcastle upon Tyne. This centre has been designed to help businesses in the automotive sector, by helping them find ways to access the financial funding they need to expand and develop further.
The Motorsport Connection
Not only is the car industry boom helping Newcastle upon Tyne, but the city is also well-connected to motor sport. Recent years have seen a steady increase in the number of motor sport events taking place in and around the city. This includes the North East of England Motor Show, which is held at Newcastle Racecourse and attracts tens of thousands of spectators every year.
In addition to the show, Newcastle Racecourse also hosts the North East Motorcycle Races, which is one of the most prestigious motor-sport events in the UK. Many of the world's top drivers and riders come to the track to take part in a variety of events, including drag races and road racing.
According to the latest figures from the UK's Office for National Statistics, the population of Newcastle upon Tyne is 298,804, with a population density of 4,524 people per square kilometre.
The city's median age is 37.7 years old, which is slightly higher than the England median age of 37.2, while 53.1% of the population identify as being of White British ethnicity.
In terms of its social makeup, Newcastle upon Tyne is fairly divided in terms of its income levels, with 35.9% of households having an income of between £20,000 and £29,999, and 33.5% of households having an income in excess of £50,000.
In conclusion, Newcastle upon Tyne is a vibrant city that possesses a number of industries, most notably the automotive sector. An indicator of the city's success can be seen in the abundance of finance companies and the increasing number of motorsport events being held in and around the city. With an ever-changing social and demographic landscape, Newcastle upon Tyne is set to remain a strong and influential city within the UK well into the future.