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25 Nov 2021

Market update from Oracle Finance

Here are the latest headlines to keep you up to date with what’s happened in November…

Club partners Oracle Finance are back with another round-up of the latest news this month.  Christmas might be only a month away, but there’s still plenty going on.
 
Dealership stock levels
There continues to be a shortage of quality vehicles due to the high demand for Prestige, Sports, Classic and Supercars, as well a microchip shortage delaying new car production. Oracle are still seeing some wonderful vehicles coming to the market through dealerships and private sellers. However, they are selling fast, so recommend getting yourself in a position to move quickly if you are looking to buy.
 
If you are searching for your dream car, we would suggest using trusted websites such as Collecting CarsAutotraderPistonHeads and Carwow. Also, don’t forget your dedicated Account Manager at Oracle will be happy to help you with your search.
 
Car Events are back with a bang!
The NEC Classic Motor Show returned earlier this month after a year of absence. Some of the friendly team from Oracle attended the event and had a great time speaking to so many classic car enthusiasts and are now enjoying helping arrange funding solutions tailored to their needs.
 
For Oracle’s full overview of the NEC Classic Motor Show click here.
 
If you’re already planning which shows to attend in 2022, keep your eyes peeled for their upcoming blog on the ‘Best Motor Shows for 2022’.
 
Personal Contract Purchase (PCP) on electric vehicles
The demand for electric vehicles continues to grow, especially since July when Oracle were able to start offering customers PCP on electric vehicles, as well as traditional hire purchase and lease purchase products.
 
There are already some fantastic electric vehicles available, with more to come in 2022
 
If you are interested in an electric vehicle, speak to our expert team for more information or to get a free quote. You can get in touch by calling 0330 333 4592 or by clicking here and completing the short online quote form.
 
Re-financing your current agreement
With vehicle stock levels remaining lower than normal, Oracle has seen an increase in customers opting to re-finance their balloon payment, so they can keep their current vehicle, without having to pay it off in full. If you’ve got a balloon payment due, whether your agreement was arranged through Oracle or elsewhere, Oracle can organise a finance package tailored to you.
 
If you’re mid-way through your agreement and are looking to reduce monthly payments or accelerate your path to ownership, then speak to their expert team who will be happy to revisit your current agreement.
 
Releasing equity from your vehicle
When speaking to new customers and Club members at events or on the phone, many don’t know that it is possible to release equity from a high value vehicle. If you’re looking for a cash injection, perhaps for a property investment, a business venture or to add another car to your collection then you may be able to release equity from your current vehicle.
 
If you’d like to know more about releasing equity from your vehicle contact the expert team on 0330 333 4592. 
 
For a free car finance quote, simply click here and complete our short online quote form.
 
Social Media
Make sure you follow Oracle Finance on InstagramLinkedIn and Facebook to keep up to date with what’s happening in the market and to see some stunning photos and videos of the cars that have been #FundedByOracle.

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