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Car Loans

Research shows dearth of direct loans hitting car sales

The latest report from the automotive research specialist Trend Tracker shows just how hard the financing of car purchases has been hit by the credit crunch.

Great deals from Skoda Finance

Great deals from Skoda Finance

An attractive 6.9 per cent APR finance offer is now available from Skoda for customers looking to purchase a new car, through its Solutions scheme.

RMI to set up car dealer bank

Car buyers could soon have a new source for car finance, as the Retail Motor Industry Federation (RMI), the motor sector trade body representing 8,000 businesses that sell new and used cars, is exploring the viability of joining an existing bank entity to establish a standalone motor industry finance facility.

Huge surge in popularity for in-house car finance

Huge surge in popularity for in-house car finance

Brits are turning to in-house car finance products such as Personal Contract Purchase (PCP) plans in record numbers.

Fraudulent car loan applications rise sharply

Since the start of 2008 there has been a dramatic increase in the number of people attempting to obtain car finance fraudulently, according to analysis from Experian, the global information services company.

Skoda finance deals are fit for every pocket

Skoda finance deals are fit for every pocket

With banks still refusing to lend to each other, it is no longer just businesses who are drying out of credit. Retail customers are also finding it increasingly hard to borrow money, with store cards, credit cards and bank loans harder to find and more expensive than ever before.

Choosing the wrong car finance could prove costly

Michelle Slade, analyst at Moneyfacts.co.uk, comments: "At the start of next week the new 58 plates will be rolling off the forecourts and motorists would of likely searched hard to find the best deal.

Dealer finance could ‘brake' the bank

UK motorists are set to waste almost £168 million by signing up to car dealer finance when they buy their new ‘58' registration cars on 1 September, reveals uSwitch.com, the independent price comparison and switching website.

Stark warning for car finance mortgages

Parker’s Car Guides, Britain’s biggest and best-selling car price guide, is warning car buyers who increased their mortgages to finance new cars that they could be left with a serious financial headache.

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.