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Car Finance

The car parts most likely to fail this summer

Motorists could be hit by 10% higher repair bills as summer takes its toll on car reliability, according to data revealed today.

The Co-operative rewards safe young drivers with cash back

Nearly 90% of motorists with The Co-operative's Young Driver insurance will see over £100 returned to their bank accounts this month, after proving themselves as safe drivers.

Monthly car insurance doesn't have to break the bank

As car insurance premiums rose by 31 per cent in 2010, and with similar rises occurring earlier in 2011, drivers looking to keep car insurance costs manageable may opt for the convenience of monthly instalments.

"Fully comp" car cover may not be as comprehensive as you think

Drivers need to be aware of what their "fully comprehensive" car cover involves, and shop around for the best policy to match their driving needs, says moneysupermarket.com.

Young drivers hit with £4,000 average car insurance cost

Car insurance costs for 17-20 year olds have crashed through the £4,000 barrier, with the average 17-20 year old male now paying a staggering £4,006 per year for comprehensive cover.

MSL to offer brokers vehicle management services

MSL to offer brokers vehicle management services

MSL Group (“MSL”) which includes MSL Legal Expenses in its stable, has extended its offering to the broker market with the introduction of a new vehicle supply and management service.

Car insurance - Hope for young drivers?

The most welcome news in the latest benchmark AA British Insurance Premium Index is an unexpected fall of 5.6 per cent in the average Shoparound cost of an annual comprehensive car insurance policy for young drivers.

'You're not alone' squeezed-out borrowers assured

'You're not alone' squeezed-out borrowers assured

A fear of rejection is driving more professional people to seek out non-prime motor finance, according a major lender to those with impaired credit records.

Drivers downsize on car choice as motoring costs take their toll

Two thirds of motorists (65 per cent) admit record fuel prices coupled with the rising cost of car insurance will impact their choice when it comes to purchasing their next vehicle, according to new research from moneysupermarket.com.

Don’t let breakdown blight your British ‘staycation’

Don’t let breakdown blight your British ‘staycation’

In the aftermath of the financial crisis, holidaying in the UK, or rather ‘staycationing’ has become wildly popular, especially for families with children.

European cars provide electric shock

The car most likely to suffer an electrical fault is the Renault Megane, with a staggering one in three sustaining a malfunction each year, according to Warranty Direct.

Driven to distraction costing Brits £3.3 million a year

Distracted drivers are rife on our roads, and are risking hefty hikes to their car insurance premiums if they are caught being careless behind the wheel, says moneysupermarket.com.

Ensurance against rising insurance premiums

Volkswagen Insurance Service (VIS), the insurance arm of Volkswagen Financial Services, has launched a new product, ‘Ensurance’, which works with any car insurance policy and then provides full accident management support and service from the Volkswagen Group repairer network.

RIAS motor insurance launches on Gocompare.com

Over 50s insurance provider RIAS has launched its motor insurance product on Gocompare.com - the first time the specialist provider has offered insurance to consumers via an aggregator website.

92% of business travellers don't understand car hire insurance

Many business travellers are confused by car hire insurance which is putting their companies at risk of high insurance costs or high penalty fees being added to expenses claims, says a leading online insurance company, iCarhireinsurance.com,following the results of a survey it conducted with YouGov.