GB Car Finance specialises in used car finance in and around Portsmouth. 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 Portsmouth, GB Car Finance is pleased to assist people searching for car finance in Aldershot, Alresford, Alton, Andover, Basingstoke, Bordon, Brockenhurst, Eastleigh, Emsworth, Fareham, Farnborough, Fleet, Fordingbridge, Gosport, Havant, Hayling Island, Hook, Lee-on-the-Solent, Liphook, Liss, Lymington, Lyndhurst, New Milton, Petersfield, Pilley, Ringwood, Romsey, Rowlands Castle, Southampton, Southsea, Stockbridge, Tadley, Tidworth, Waterlooville, Whiteley, Winchester and Yateley in Hampshire.
Portsmouth is located in the south coast of England and is part of the county of Hampshire. The city has a rich heritage and is known for its naval and maritime history, but its industry and economic landscape has changed significantly in recent years. This article will explore the current state of the economy in Portsmouth, focusing on the role of the car industry, the finance industry, and motorsport in the city. It willalso discuss the demographics of the city and consider how these industries have impacted the population.
Car Industry in Portsmouth
The car industry is one of the main industries in Portsmouth and has a significant economic impact on the city. Several car manufacturers have plants throughout the city, and there are numerous showrooms, service centres and parts suppliers serving the automotive sector. Major manufacturers such as Nissan and Toyota have production facilities in Portsmouth and employ thousands of workers, while smaller companies such as MG Rover and Daihatsu have showrooms and service centres in the city.
The car industry has been a major employer in Portsmouth for many years, providing thousands of jobs for local people. It has also been a major source of revenue for the city, contributing to its overall economic growth. As well as providing employment opportunities, the car industry has brought new investment into the city, helping to boost business growth.
Finance Industry in Portsmouth
The finance industry has been a key part of the Portsmouth economy for many years and is now one of the largest employers in the city. The banking and insurance sectors are particularly well-developed, with several major banks and insurance companies based in the city. Investment and marketing firms are also present in the city, providing specialist advisory services and financial solutions.
The finance sector has been an important contributor to the prosperity of Portsmouth and has contributed to the city's economic growth. As well as providing employment opportunities, the finance sector has provided business opportunities, attracted visitors, and stimulated the local economy.
Motorsport in Portsmouth
Motorsport has long been associated with Portsmouth, and the city has a thriving motorsport community. Several racing circuits are located around the city, with Brands Hatch, Donington Park and Silverstone all within easy reach. Events such as the British Touring Car Championship, the British Automobile Racing Club (BARC), and several local clubs attract thousands of motorsport enthusiasts to the area each year.
Motorsport has had a significant impact on the city of Portsmouth, providing employment opportunities, boosting business growth, and stimulating the local economy. It has also been a key driver in tourism, with many visitors coming to the city to watch major events such as the British Touring Car Championship.
Demographics of Portsmouth
According to the latest figures from the Office for National Statistics, the population of Portsmouth is estimated to be 206,738 with a population density of 11,494 per square kilometre. The city has a diverse population with approximately 65.7% of people identifying with a White British background, 10.5% Other White backgrounds, and 8.0% Asian backgrounds.
The city has a youthful population, with the average age of residents estimated to be 31.7 years. It is also a highly educated population with 54.1% of people aged 16 — 64 having obtained a Level 4 qualification or higher. In terms of employment, the most common occupations are in professional and managerial roles, followed by associate professional and technical roles and elementary roles.
Portsmouth is a vibrant city with a diverse and thriving economy. The car industry, finance sector, and motorsport have been major contributors to its prosperity, providing employment opportunities and stimulating economic growth. The city has a diverse population with a youthful, highly educated demographic.
Overall, Portsmouth has a strong and vibrant economy and continues to be an important player in a number of industries across the region. It is well-positioned to continue to attract investment and business opportunities and is an important contributor to the prosperity of the wider Hampshire area.