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Car Finance

Speedy Brits drive their way to motoring convictions

Two thirds of Brits with driving convictions are guilty of speeding - and are living with the financial consequences, according to research from MoneySuperMarket.

Direct Line launches Guaranteed Hire Car cover as standard

Direct Line Car Insurance has launched its Guaranteed Hire Car cover as standard within its comprehensive car insurance policy, meaning all existing and new customers are entitled to a new standard hatchback sized vehicle from a hire car company.

Police seize 27,688 cars because they aren’t insured

New analysis by Churchill Car Insurance reveals at least 27,688 cars have been seized by UK police forces in 2015 because the vehicle was uninsured.

Auto-renewal trap could cost 5.8m motorists up to £1.2bn a year

As peak insurance renewal season approaches – research reveals that 18% of drivers allow their car insurance to auto-renew without checking other quotes.

Drivers need to be uber careful before charging for lifts

Drivers offering lift-shares are only permitted to ask passengers for a contribution towards fuel and other running costs.

New car registrations drive loan applications

With the new registration date fast approaching and car buyers on the lookout for the best deals, Clydesdale and Yorkshire Banks’ lowest ever loan rates could help ease the financial pressure.

‘Breaking down’ is the biggest worry on long trips say 44% of motorists driving cars older than six years

The latest research from Europcar, leader in car hire services in Europe, reveals that 56% of motorists driving cars aged six years or older pack a picnic before taking a long journey.

Top 10 tips for cutting the cost of car insurance

There are many factors that affect your car insurance that you can’t easily control, such as your age, years of driving experience, job, and where you live.

Car insurance premiums up eight per cent year-on-year

Car insurance premiums rose by eight per cent in May, compared to May 2014, according to analysis of 1.9 million quotes by MoneySuperMarket.

Organised fraud up 28% as gangs continue to exploit “cash for crash”

Aviva detected over 14,000 fraudulent claims worth £95 million in 2014 – equivalent to 39 fraudulent claims worth an average of £260,000 every day.

The roof comes off, but so do the miles

Over the last decade the UK has seen the number of convertible cars on its roads increase by a staggering 1182%, confirming Britain’s passion for ‘making hay whilst the sun shines’.

Motorists overspend £1 billion a year by paying for car insurance by monthly installments

Motorists who pay for their car insurance monthly could save £62 each – or £992 million collectively as a nation – by switching to an annual payment, according to research by MoneySuperMarket.com.

Jeremy and Richard give driving a bad name

MoneySuperMarket’s ‘Names with claims’ analysis of 11.3 million car insurance quotes run on the site, reveals the top 20 male and female names who make the most claims on their car insurance policies.

Motorists warned about uninsured modifications

Gocompare.com Car Insurance is warning drivers not to inadvertently invalidate their car insurance by not advising their insurer of any modifications they make to their vehicle.

Zopa partners with Uber to finance new cars

Peer-to-peer lending pioneer Zopa has partnered with the world’s leading on-demand car service Uber to provide finance to its London based self-employed drivers.