Is mis-selling car finance really as bad as the PPI scandal?
There have been rumours for a long time that car finance was the new payment protection insurance (PPI). Mis-selling, it was said, was rife around borrowing to buy used cars.…
Tag: car finance
How do I get car finance with bad credit history?
You’re not alone in having a bad credit history. But don’t give up hope: you can get car finance with bad credit history. If one finance company has turned you…
Is the BMW subscription model the way motoring is going?
You may have seen that BMW is planning to change the way we buy cars. To do so it is moving to a subscription model for extras. So instead of…
Do I have to pay excess mileage charges after the Voluntary Termination of a PCP?
Increasing numbers of people who’re struggling to keep up with their car finance payments are applying for Voluntary Terminations. And we’ve been contacted by drivers who want to know where…
UPDATED: My income has dropped significantly because of COVID-19. Can I take a car finance payment holiday?
A lot of people are suffering financially because of the COVID-19 lockdown. That’s why financial institutions such as mortgage companies are offering customers payment holidays. But with nine out of…
Is it true SUV car tax will increase from now on? And what about company car tax?
The government is trying to achieve twin goals with car tax. It wants to accelerate the move to electric cars and cut people’s carbon dioxide emissions. As a result, it…
Some car finance deals on new models look too good to be true. What’s the catch?
As with any finance, you must pay attention to the detail of car finance deals before you sign on the dotted line. Otherwise, you could be tied into something that…
How affordable are used electric cars?
Auto Trader is reporting a spike in searches for used electric cars. But drivers who want to switch to electric motoring still only have a very limited choice. And anyone…
How should I go about buying a used car?
Replacing your old motor with a different one is exciting. So much so that it’s easy to forget the basics when you go about buying a used car. If you…
Are PCP car finance deals better than PCH leasing for a new car?
The Personal Contract Purchase (PCP) and Personal Contract Hire (PCH) are two ways of financing buying a new car. But while they have two out of three words the same,…