UK sales over 2008 by 6 per cent, selling some 35,000
customers – of up to 70 per cent in some cases – had helped it grow
sales even during the credit crunch.
Sales of nearly-new cars grew to make up 85 per cent of all
sales, up from 69 per cent in 2007. In the month of December, sales
of new cars fell to just 4 per cent of the total sold.
Numbers of customers taking up Motorpoint’s in-house PCP product
Boomerang, offered in partnership with Black Horse Motor Finance,
grew by 21 per cent – while sales of a more traditional hire
purchase product fell by 17 per cent. Finance from Black Horse now
funds one in five sales at the chain.