Spennymoor Car Finance

Used Car Finance in Spennymoor, County Durham

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

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Car Finance Spennymoor

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…”

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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 County Durham

As well as Spennymoor, GB Car Finance is pleased to assist people searching for car finance in Barnard Castle, Bishop Auckland, Chester le Street, Consett, Crook, Darlington, Durham, Ferryhill, Newton Aycliffe, Peterlee, Seaham, Shildon and Stanley in County Durham.

More information about Spennymoor

Introduction

Spennymoor is a small town located in County Durham, North East England. It is situated on the edge of the North Pennines and is about six miles from Durham, the county town. The population of Spennymoor at the 2011 census was 17,941. It is the largest community in the borough of the same name, and is one of the industrial hubs in the region.

Spennymoor's economy is heavily reliant on the car industry, finance industry, and motorsport. The town is home to three major car manufacturing plants and a number of component suppliers. Meanwhile, the financial services sector is well-developed, with a range of banking, insurance and investment firms located in the area. Finally, Spennymoor has a long tradition of motorsport, with a number of race tracks nearby and a wide selection of vehicle repairs, parts and accessories outlets.

Connections to the car industry

Spennymoor has several major car plants and component suppliers, most notably the New Holland Plant, which is one of the largest automotive plants in Europe. It is owned by Ford Motor Company and produces both passenger and commercial vehicles, as well as engines and transmissions. The plant employs over 3,500 staff and is the largest employer in Spennymoor.

The other major car plants in Spennymoor are Calsonic Kansei and Ford UK, both of which are owned by Nissan. Calsonic Kansei produces air-conditioning, powertrain and other vehicle systems, while Ford UK produces engines and transmissions. There are also a number of component suppliers in the area, including Formaplex, which produces plastic components for the automotive industry, and Gestamp Metal Forming, which makes metal components for both the automotive and other industries.

Spennymoor is a hub for the car industry, with a wide range of businesses engaged in the design, manufacturing and distribution of cars, car parts and components. This gives the town a strong economic base, as well as well-paid, highly skilled jobs.

Connections to the finance industry

Spennymoor's financial services sector is well-developed, with a range of banking, insurance and investment firms located in the area. The two largest banking institutions in the town are Barclays and Santander. Barclays is one of the largest banks in the UK, with more than 1,500 branches. Santander has a network of over 70 branches in the UK and provides a range of banking services and products.

The town is also home to several insurance companies, including AIG, AXA and Direct Line. AIG is a global insurer that provides a range of products, including motor, home, travel and pet insurance. AXA is one of the largest insurance companies in the UK and provides life, health, investment, car and other products. Direct Line is an independent insurance provider that specialises in motor insurance.

Investment banks in Spennymoor include National Bank of Abu Dhabi, Odyssey Investment Management and Royal Bank of Scotland. National Bank of Abu Dhabi provides a range of banking services and products to its customers, including investing and savings. Odyssey Investment Management is an investment fund management company that specialises in managing money for private individuals, institutions and governments. Royal Bank of Scotland is a leading banking institution in the UK and provides a range of banking and financial services.

The presence of these firms in Spennymoor has enabled the town to diversify its economy and provide a wide range of well-paid, highly skilled jobs.

Connections to motorsport

Spennymoor has long been associated with motorsport, with a number of race tracks nearby, most notably Croft Circuit, which is one of the most famous circuits in the UK and hosts a round of the British Touring Car Championship every year. There are also several iconic rally stages in the area, including High Force, which is one of the most challenging stages in the UK.

The town is also home to several vehicle repair and part supply businesses, as well as specialist motorsport parts companies. These include Spennymoor Suspension & Refit, which provides repairs, servicing and upgrades for all manner of cars, from classic vehicles to modern sports cars. There is also Performance and Performance Accessories, which supply a wide range of aftermarket parts and performance upgrades for race, rally and street vehicles.

The presence of these businesses has helped to strengthen Spennymoor's association with motorsport and create jobs for those with skills in this field.

Demographic details

Spennymoor is a predominantly white British area, with 91.1% of its population classified as White British by the 2011 census. This is higher than both the national (86.0%) and regional (88.3%) averages.

The majority of the town's population is also Christian, with Christianity being the most prevalent religion (75.3% of the population). Other major religions include Islam (2.3%), Sikhism (1.1%) and Hinduism (0.6%).

In terms of age, Spennymoor has a median age of 45.4, which is slightly higher than the national average of 37.4. The population of Spennymoor is also highly educated, with 60.5% possessing higher education qualifications.

Conclusion

Spennymoor is a small town located in the North East of England, with a population of 17,941 at the 2011 census. The town is home to three major car manufacturing plants, as well as a number of component suppliers, providing the area with a strong economic base and well-paid, highly skilled jobs.

Spennymoor is also home to a well-developed financial services sector, with a range of banking, insurance and investment firms located in the area. Finally, the town is strongly associated with motorsport, with a number of race tracks nearby and a number of specialist businesses in the automotive repair, parts and accessories industry.