Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the bb-booster domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6114
Top 10 London boroughs for supercar funding revealed - London TV

Top 10 London boroughs for supercar funding revealed

Oracle Car Finance, the UK’s leading funder of high-end vehicles, has revealed the top 10 London boroughs where demand for supercar funding is at its highest.

More than 60% of the company’s supercar customers in the capital, over the last five years, have been from the top 10 boroughs. Currently, one supercar is funded every five days on average, in the London area by Oracle Car Finance. The London boroughs dominating the supercar funding market* include:

1. Enfield 10.7%

2. Kingston upon Thames 9.6%

3. Kensington & Chelsea 7.5%

4. Barnet 6.1%

5. Croydon 5.6%

6. Hillingdon 5.3%

7. Richmond 5.12%

8. Westminster 4.8%

9. Hounslow 4%

10. Bromley 3.5%

Oracle Car Finance, a North Yorkshire-based finance broker with its headquarters located in Knaresborough, has recruited seven new members of staff over the last three months, in the London area – to support recent business growth in London and the surrounding areas.

All of the new members of the Oracle Car Finance team, covering the South of England, have come directly from the automotive industry with vast experience in the supercar and luxury vehicle markets.

The funder’s recent expansion in the South of England has also required the opening of a new office in Chelmsford, on Parkway. The business is still currently recruiting in the London and Essex areas due to the company’s rapid growth, after reaching the milestone of £2 billion in vehicle funding this June, and as the organisation heads towards celebrating 20 years since inception in 2025.

Bradley Redgewell, part of the newly formed Oracle Car Finance team based at the Chelmsford office, said, “The automotive market in London and the surrounding areas continues to show significant growth, particularly in the luxury and supercar segments. London remains a key hotspot for high-end automotive sales, driven by a combination of affluent clientele and a passion for exclusive brands. In recent years, we’ve seen increasing demand for bespoke finance solutions tailored to the needs of supercar enthusiasts.

“Since joining, I’ve had the opportunity to witness firsthand the company’s rapid growth and the evolving nature of this market. Oracle Car Finance’s dedication to providing personalised, flexible finance options has enabled us to maintain strong relationships with clients and adapt to market demands seamlessly.”

Oracle Car Finance Managing Director and Founder, Peter Brook, commented, “We do a lot of business with customers living in the capital, but even I was surprised at the areas where our clients who buy supercars live. We specialise in finance for luxury and performance cars and a large proportion of our business is done with Londoners who love to drive around in the latest cars. Historically as a brand, Land Rover, and in particular, Range Rover, is the most popular with our customers in the capital, surprisingly with Ferrari and Porsche a close second and third.”