Car finance news
Car industry news
Semiconductor shortage causing headaches for new car customers
A worldwide shortage of semiconductor chips is causing major headaches for car manufacturers, but how does it affect customers? (sponsored)
Car finance news
New car finance rules will save you money – but not until 2021
The FCA has signed off new rules set to save customers an estimated £165 million a year – but you'll have to wait another six months.
Car finance news
Regulator offers further coronavirus car finance support
The Financial Conduct Authority has outlined further proposals to support car finance customers struggling as a result of the coronavirus.
Car finance news
Coronavirus: Payment freeze for car finance announced
The FCA has announced car finance lenders should offer customers a three-month payment freeze if they are struggling with their car finance bills as a result of coronavirus.
Car finance news
Car finance lender forced to pay customers £30 million in compensation
Car finance lender Moneybarn has also been fined almost £3 million by the Financial Conduct Authority (FCA) after failing to help vulnerable customers.
Car finance news
New car finance rules set to save customers millions
The Financial Conduct Authority (FCA) has announced stricter new car finance rules, which it says will save car buyers of the UK £165 million each year.
Car finance news
Lexus launches new car subscription service
Lexus is the latest car manufacturer to launch a subscription service that allows customers to pay a monthly fee for an all-inclusive ownership experience.
Car finance news
Financial watchdog to crack down on rip-off car dealers
Car dealers are ripping off buyers on their car finance by more than £1,000 to pocket higher commissions, Britain’s financial watchdog has found.