Car Finance

The financial regulator has announced it will ban commission models that give car finance dealers an incentive to raise customers' costs from next year.

Some car finance customers are paying more than £1,000 extra in interest charges due to certain commission incentives, the Financial Conduct Authority has said. 

Learner drivers are wasting £100,000s each year and instantly failing their driving tests for reasons such as forgetting their L plates, having vehicles that aren't up to scratch and that they're turning up without a car.

Drivers paid over £500,000 in fines last year for not applying to tax vehicles which cost nothing to tax, data obtained by MoneySavingExpert.com shows.

The number of parking tickets issued to motorists by private firms has hit a new record high and risen by almost a million in the past year, new figures published on Friday suggest.

Car finance firms are to be tested on if they give enough information to buyers about risks involved, and whether the commission paid to dealers could harm consumers.

Some private parking firms will have to abide by a new code of practice to be able to access owners' details from the DVLA – but the new Government-backed legislation is unlikely to stop rogue firms that don't sign up to the new rules from issuing tickets.

Local authorities are not doing enough to highlight the appeals process to motorists who've been slapped with parking fines, according to the Local Government Ombudsman (LGO). Make sure you know your rights if you've been unfairly fined.

The price of fuel is at an 18-month high and experts have predicted that the cost of petrol and diesel will rise yet further this month. But there are manoeuvres you can make to drive down the price you pay at the pumps.

A credit finance company launched a legal bid to have one of its customers imprisoned after he defaulted on his car payments and then failed to comply with a court order demanding the vehicle's return.