The value of finance deals used to buy new cars has soared to a new monthly record, according to latest figures.
Motorists spent £3.6bn on car finance deals in March, a rise of 13% on the same month in 2016, the Finance and Leasing Association (FLA) said.
The vast majority of the purchases were via so-called Personal Contract Purchases (PCPs).
The Bank of England and the Financial Conduct Authority (FCA) have raised concerns about such deals.
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Craig Erlam
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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