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Car Loans

Motorpoint defies credit crunch with record finance sales

Credit crunch? What credit crunch! According to a new poll by Motorpoint over half of motorists plan to use finance to purchase their next car.

Drive a hard bargain on car finance

UK motorists are set to waste almost £174 million by signing up to car dealer finance when they buy their new ‘08’ registration cars in March, reveals uSwitch.com, the independent price comparison and switching website.

New car calculations

As the date for the new 57 plate approaches, new research from Halifax Unsecured Personal Loans looks at the UK's love affair with their four wheeled friends.

Choose your car finance carefully

Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk, comments: “With just over a week to go before the new 57 plates will be hitting our roads, many motorists will be searching garages up and down the country for their new cars.

Slam the brakes on showroom finance

The 405,000 Brits buying a new car next month could waste a collective £140 million in excess interest payments if they don’t choose the cheapest way to finance a new car.

Barclays puts the wheels in motion for motor loans

Barclays has launched a new personal loan package designed specifically for motorists borrowing money for a car.

Motorists set to waste millions on forecourt finance deals

UK motorists are set to waste over £175 million by signing up to car showroom finance deals when they buy their new ‘57’ registration cars on 1st September, reveals uSwitch.com, the independent price comparison and switching service.

The real cost of motoring

Last year drivers in the UK paid out £36.5 billion on purchasing new and used cars, according to Halifax Unsecured Personal Loan's annual review of the cost of motoring.

Borrowers cash in on competitive personal loans

Paying for a vehicle - whether it’s cars, bikes or caravans - is the most popular reason to borrow, new research from Alliance & Leicester Personal Loans shows.

How to choose the right road for great car finance

Around 400,000 car purchase transactions are likely to take place in March with UK motorists eager to be among the first to drive away a new ’07 registered car. However, care should be taken when considering how to fund such a purchase or risk paying heavily, say UK finance experts, Moneyextra.com.

Check out the best finance deal for your new car

Michelle Slade, analyst at moneyfacts.co.uk comments: “As 1st March draws near, keen motorists will be spending the next couple of weeks shopping for their shiny new car, bearing the ‘07’ registration.

Motorists set to waste millions on over-priced credit

UK motorists are set to waste over £228 million by signing up to car showroom finance deals when they buy their new ‘07’ registration cars on 1st March, reveals uSwitch.com, the independent price comparison and switching website.

Manufacturers need to subsidise used car finance to fight superstores

Car makers may need to subsidise used car finance as well new car deals to enable their franchise networks to compete more effectively with the rising number of used car superstores. This is one of the findings from Trend Tracker’s analysis of the used car market in its latest, 2006 MFBI research study The Future of the UK Used Car Market 2006-2011, which shows that as car quality has improved, consumers are less willing to pay a premium for cars bought from franchise networks’ approved used car programmes.

Motorists choose value for money but lose out on pricey finance

British motorists risk wasting more than £18,000 over a lifetime by using pricey finance deals from the car-showroom to pay for their cars, research from Alliance & Leicester Personal Loans reveals.

New car? A credit rating will get you the best deal

August will see the new 55 plate car registrations on the roads of Britain but with three quarters of new cars being funded by loans MyCallcredit urges motorists to check their credit rating before they sign up for finance to avoid paying over the odds.