Car finance news

Car finance is a £40 billion per year business, so it has a massive effect on you as a car buyer. The Car Expert brings you the latest car finance news from across the UK, to help you make the right financial decision for your needs.

Individual car finance borrowing hits new records

Despite the fall in new car sales results, the amount of car finance being dished out remains unaffected according to latest industry figures.

PSA Groupe takes control of Vauxhall finance division

The next step in Vauxhall's absorption into the PSA Groupe (Peugeot, Citroën, DS) has been finalised, with PSA  taking control of Vauxhall Finance.

Media warnings not slowing down car finance lending

The latest car finance results show that the media attention regarding car finance is not reducing the level of borrowing on either new or used cars.

Volvo ‘Care by Volvo’ scheme takes on leasing

Volvo is launching a premium leasing programme called 'Care by Volvo', as an answer to the increasing trend to leasing instead of buying.

Car buyer debt increases further despite warnings

The latest car finance figures show that buyers are borrowing more money to finance both new and used cars, despite all the media attention of late.

Car finance debt still at record levels in latest results

The latest figures show that car finance debt remained at record levels in June, with a fall in new car volumes balanced by an increase in used cars. 

FCA car finance probe puts a priority on customer welfare

The Financial Conduct Authority has published an update on its investigation into the car finance sector and identified the key questions it wants answered.

Car buyers taking on more and more finance debt

As the issue of car finance mis-selling bounced back into the media this week, latest car finance results show that buyers are taking on increasing debt.

Shock – car dealers found to be dodgy!

There was shock and amazement today as a front-page story in a national newspaper accused car dealers of being less than honest with their customers.

Volumes down but values up for car finance borrowing

Latest car finance results show that buyers continue to borrow more money on their cars, although the number of loan agreements fell in line with car sales.

Fiat brands move into personal contract hire market

Fiat's finance arm has begun offering personal contract hire (PCH) packages on selected Fiat, Alfa Romeo and Jeep models from its dealerships.

Why the Bank of England is looking into the car finance market

Why has the Bank of England recently decided to open an investigation into the UK car finance market, and what is it looking for?

PCP car finance debate highlights widespread media confusion

With all the noise about PCP car finance in the media, it's amazing to see how many major media institutions fundamentally misunderstand how a PCP works.

PPI lawyers to target PCP mis-selling?

Now the PPI gravy train is nearing the end of the line, claims lawyers may be turning their attention to the potential mis-selling of PCP car finance.

Car finance jargon confuses UK drivers

Despite over three-quarters of new car sales being financed through manufacturer and dealer finance agreements, it is disturbing how few people really under...

Car finance deals rocket as economy recovers

According to latest figures by the Finance and Leasing Association (FLA), cars brought on dealer finance grew by 25% in January compared to the same period ...

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Car finance hub

Most people buying a new or used car will do so using some sort of car finance. Whether buying or leasing, The Car Expert can give you the right advice and help get you get the best car for your budget.

The Car Expert provides independent and impartial information on any aspect of car finance.  You should always consider any finance offer carefully before signing a contract or agreement.

The Car Expert does not provide specific advice on any finance quotation or offer.  The purpose of this site is to give you the knowledge you need to be able to make an informed decision about any finance agreement you are considering.

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Disclaimer

Most car finance agreements in the UK are regulated by the Financial Conduct Authority, and anyone involved in the selling of car finance must be accredited by the FCA. You should always consider the terms and conditions of any agreement carefully before taking out any form of car finance, as you are making a substantial ongoing commitment and there may be significant costs if you change your mind or are unable to meet your commitments at a later date.

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