Auxiga’s latest motor and asset finance audit statistics show bigger scale, broader coverage and sharper risk visibility than ever.

As UK motor and asset finance continues to underpin business investment, lenders are doubling down on proven controls. Auxiga’s latest audit statistics show bigger scale, broader coverage and sharper risk visibility than ever.

In motor and asset finance, confidence is everything

When the vehicle or asset is the security, funders need to know, quickly, clearly, and independently, that it exists, that it’s where it should be and that the paperwork stands up to scrutiny. And as market conditions remain bumpy for many dealer groups, “good enough” oversight is no longer good enough.

That’s the backdrop against which Auxiga’s latest audit statistics land with real impact.

Across the last 12 months, Auxiga audited 1.65 million assets with a total audited value of £28.6 billion, a scale that reinforces why physical, independent auditing remains a cornerstone of control for lenders.

Bigger numbers. Bigger responsibility. Bigger reassurance.

Comparing 2022/23 with 2024/25, Auxiga’s audit outcomes show growth where it matters and insight where it counts:

• Audits delivered each month: up from 4,800 to 4,900, a consistently high monthly cadence that demonstrates operational depth at national scale
• Assets audited (last 12 months): up from 1.55m to 1.65m (+6%)
• Value of assets audited (last 12 months): up from £22.5bn to £28.6bn (+27%)

That last figure is the real “wow” moment. A jump of more than £6bn in audited asset value isn’t just growth, it’s an indicator of increasing reliance by funders on high-assurance verification.

And that reliance makes sense in the wider UK context. The Finance & Leasing Association (FLA) has highlighted how central finance is to the real economy, stating its members provided £155bn of new finance to UK businesses and households in 2024, and that members financed around a third of UK investment in machinery, equipment and purchased software.

In a market of that importance, governance and transparency aren’t optional extras. They’re the foundation.

Risk visibility: where audits pay for themselves

The Auxiga statistics also underline why robust auditing remains one of the most cost-effective risk controls a lender can deploy.

Auxiga recorded a substantial increase in the value of potentially dual-financed units, rising from £237m (2022/23) to £515m (2024/25) – more than double.

Dual financing risk is exactly the kind of issue that funders need to have identified early, before it becomes a loss. It’s a reminder that even in a mature market, the potential exposure can be substantial and fast-moving, and that the strongest lenders are those with the clearest, most independent view of asset reality.

Digital dealer self-audits: useful, but still only 2% of volume

Digital audits and dealer self-audits have a part to play in a Funder’s overall risk controls. Auxiga’s figures show a small upward trend over time, but they still represent just 2% of overall audit volume completed.

That low share reflects a reality many funders recognise: for all the efficiency benefits of digital approaches, physical, independent audits often deliver the strongest assurance, especially where the stakes (and the values) are high.

In other words: digital can be helpful, but when funders need security, independence and full transparency, physical audits remain the gold standard.

And in a UK finance environment where conduct and controls are under constant attention, particularly in motor finance, “gold standard” matters more than ever.

What this means for lenders: confidence you can evidence

Auxiga’s 2024/25 audit outcomes are impressive on their own. But their real value is what they enable for lenders:

• Confidence in collateral across a fast-moving dealer network
• Early warning signals on sold stock, late settlements and exceptions
• Independent evidence that supports governance and credit oversight
• Operational scale that keeps pace with portfolio growth

In a market where asset finance helps power UK investment, the lenders who win long-term are those who can demonstrate disciplined oversight, not just good underwriting.

Auxiga’s latest figures show exactly that: trusted, market-leading audit delivery, measured by millions of assets and tens of billions in verified value.