Semiconductor shortage causing headaches for new car customers
The Car Expert » Car finance
by Carparison
1y ago
A worldwide shortage of semiconductor chips is causing major headaches for car manufacturers, but how does it affect customers? (sponsored) The post Semiconductor shortage causing headaches for new car customers appeared first on The Car Expert ..read more
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New car finance rules will save you money – but not until 2021
The Car Expert » Car finance
by Stuart Masson
1y ago
The FCA has signed off new rules set to save customers an estimated £165 million a year – but you'll have to wait another six months. The post New car finance rules will save you money – but not until 2021 appeared first on The Car Expert ..read more
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Regulator offers further coronavirus car finance support
The Car Expert » Car finance
by Stuart Masson
1y ago
The Financial Conduct Authority has outlined further proposals to support car finance customers struggling as a result of the coronavirus. The post Regulator offers further coronavirus car finance support appeared first on The Car Expert ..read more
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Coronavirus: Payment freeze for car finance announced
The Car Expert » Car finance
by Stuart Masson
1y ago
The FCA has announced car finance lenders should offer customers a three-month payment freeze if they are struggling with their car finance bills as a result of coronavirus. The post Coronavirus: Payment freeze for car finance announced appeared first on The Car Expert ..read more
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Car finance lender forced to pay customers £30 million in compensation
The Car Expert » Car finance
by Stuart Masson
1y ago
Car finance lender Moneybarn has also been fined almost £3 million by the Financial Conduct Authority (FCA) after failing to help vulnerable customers. The post Car finance lender forced to pay customers £30 million in compensation appeared first on The Car Expert ..read more
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New car finance rules set to save customers millions
The Car Expert » Car finance
by Stuart Masson
1y ago
The Financial Conduct Authority (FCA) has announced stricter new car finance rules, which it says will save car buyers of the UK £165 million each year. The post New car finance rules set to save customers millions appeared first on The Car Expert ..read more
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Lexus launches new car subscription service
The Car Expert » Car finance
by Darren Cassey
1y ago
Lexus is the latest car manufacturer to launch a subscription service that allows customers to pay a monthly fee for an all-inclusive ownership experience. The post Lexus launches new car subscription service appeared first on The Car Expert ..read more
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Financial watchdog to crack down on rip-off car dealers
The Car Expert » Car finance
by Stuart Masson
1y ago
Car dealers are ripping off buyers on their car finance by more than £1,000 to pocket higher commissions, Britain’s financial watchdog has found. The post Financial watchdog to crack down on rip-off car dealers appeared first on The Car Expert ..read more
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Reality check: Is Brexit making car finance more expensive?
The Car Expert » Car finance
by Stuart Masson
1y ago
Media reports in the last few days claim that Brexit is responsible for driving up the price of cars and the cost of PCP car finance. But is that actually true? The post Reality check: Is Brexit making car finance more expensive? appeared first on The Car Expert ..read more
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Car finance report 2018: record debt for new and used cars
The Car Expert » Car finance
by Stuart Masson
1y ago
Despite private new car sales falling more than 6% in 2018, it was yet another record-breaking year for car finance borrowing for both new and used cars. The post Car finance report 2018: record debt for new and used cars appeared first on The Car Expert ..read more
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