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Credit hire costs surge over the last decade – Keoghs

By 2024-10-03T13:00:00

credit hire, claims inflation, car, money

Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers

Current cost averages in credit hire show signs of steep inflation over the past ten years, the latest research from Keoghs has found.

The research showed that the average cost of a credit hire invoice is now five times higher than in 2014 – rising £4,114 over ten years from £1,105 to £5,249 in 2024. 

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