Supercars, sports cars and luxury vehicles are in huge demand in the UK with record volumes of lending on models from Aston Martin, Ferrari, McLaren, Porsche and Rolls-Royce.  

The UK’s leading finance provider, JBR Capital, said Porsche proved to be its most-financed brand in May while the all-electric Taycan generated the highest level of proposals back in March. 

In addition, supercars such as Ferrari’s 458 and luxury SUVs such as the Rolls-Royce Cullinan have been extremely popular.

Over the past year, UK households have accumulated a total of £200billion (NZ$395b), with savings coming from reduced commuting costs and restrictions on leisure activities. 

As lockdown has eased, pent-up demand for high-end cars has been unleashed and with home-working becoming a more permanent shift, many buyers have more funds to allocate to a four-wheeled purchase.

Darren Selig, Founder & Chief Commercial Officer at JBR Capital, said that demand for high-performance sports cars, supercars and prestige vehicles continues to be incredibly strong. 

“We experienced a record March and April – and May has now eclipsed those months. Without doubt, there has been pent-up demand and as restrictions have eased, this has been unleashed onto the market with our dealer introducers reporting luxury cars being snapped up quickly and a lack of stock,” he said.

“With customers unable to take expensive overseas holidays, many are looking to treat themselves. Plus, many are fortunate enough to have more money in their pockets through lockdown savings too. Looking further ahead to the summer months, we believe this trend will only continue.”

The top 10 most in-demand cars for May were: Aston Martin V8 Vantage, Bentley Continental, Ferrari 458 Italia, Lamborghini Huracan, Land Rover Defender, McLaren 570S, Mercedes-AMG GT, Porsche 911 (991), Range Rover Sport, Rolls-Royce Cullinan.