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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.

AA Loans offer free car warranty

One of the biggest worries for buyers of used cars is that their dream motor quickly turns into a nightmare, according to research by AA loans.