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Car Loans

Great deals drive an extra £2bn of new car finance

The number of new cars bought on finance continues to grow strongly, largely due to the good deals offered by lenders in car showrooms.

If your car finance deal is not paid off in full, the car is not yours to sell

The latest quarterly figures from the Finance & Leasing Association (FLA) on motor finance fraud show that the most common and growing type of fraud is conversion - where the customer sells the car on even though it is owned by a lender and has outstanding finance.

DVLA and FLA agree vehicle recovery scheme for financed cars

The Driver and Vehicle Licencing Agency (DVLA) and the Finance & Leasing Association (FLA) have launched a vehicle recovery scheme.

First party fraud' on the increase as overall motor finance fraud falls

‘First-party fraud', including 'fronting', was the most common type of motor finance fraud in the second quarter of 2012, according to the latest statistics from the Finance & Leasing Association.

Petrol perk for car loan customers

Halifax has announced that customers who take out personal loan to buy a car will receive £100 towards the cost of petrol.

Cutting the cost of new car finance

New car registrations come into force on 1 September 2012, and one of the most popular ways to finance new cars is via a personal loan.

Don't let forecourt finance put your finances in reverse

M&S Money is warning motorists eagerly awaiting the new ‘62' plate car registrations on 1st September to check the rates and total borrowing costs before signing up to finance from their car dealer.

Middle-aged man favours dealer finance

Dealer finance is most likely to be used by males in the 35-44 age bracket, new research from reveals.

Low loan rate for AA members

AA Financial Services has reduced the rate for personal loans to AA members to 6.4% APR representative at a time of growing optimism in the new car market.

New car finance sales up by a third in March

New car finance sales were up 33% by value and 22% by volume in March compared with March last year, according to the latest figures from the Finance & Leasing Association, the trade body for the motor finance industry.

Car dealers provide over £1bn in new car finance in September

In September this year, the new car motor finance market was up 11% by value compared with September 2010.

Motor finance market share hits new high

Motor finance achieved its highest recorded share of the private new car sales market for four years in August.

'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.

Number of poor credit car loan approvals on the rise

Specialist internet car finance broker have released their latest car finance data, which suggests that lenders are regaining their confidence in lending, even for people requiring bad credit car finance.

Car finance team scoops "Best in Britain" title

A Chester-based finance group has been crowned as Britain's most responsible lender, beating major High Street names such as Barclays Bank and the Co-operative Bank to the title.