Car Credit Finance News

Car credit finance news from Accept Car Credit

Car credit, car finance, new and used car loan industry news headlines are updated here daily to help keep you up to date with the current market trends, new vehicles, what's hot and what's not.

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Jaguar bucks the trend with increased sales figures

Amidst the widely-reported slow-down in sales of new cars, a number of firms have managed to increase their sales. Figures from the Society of Motor Manufacturers and Traders (SMMT) show that Jaguar, Dodge and Volvo had managed to improve volumes i...

Car credit customers rejecting luxury vehicles

The credit crunch has forced one of Exeters most exclusive car dealers out of business, with the loss of 19 jobs. Car credit companies and manufacturers removed row after row of brand new luxury cars from the forecourt and showroom at Bentley West C...

Motorists warned about car loan scams

Prospective car buyers in North Lincolnshire are being warned about a spate of car loan scams. Trading Standards have recently investigated five scams operating in the area. Cars supplied on loan are sold on privately to unsuspecting buyers before t...

BOGOF for car finance customers

BOGOF offers (Buy One Get One Free) are traditionally associated with packs of toothpaste, ready meals, or minced meat. However, in what the AA has described as an "almost unbelievable" offer, car finance customers are being offered a free ...

Classic car auction to provide plenty of fodder for car loans

Classic cars, it seems, have an enduring appeal. A forthcoming Sothebys auction is set to raise a credit crunch-busting £20 million by selling off 100 of the worlds most sought-after vehicles. Car loan customers with enough cash to splash can ...

Car finance customers can take their pick of vehicles

Several big name car dealers are offering deals and discounts to tempt consumers into spending car finance on their vehicles. Saab has been running a high-profile ad campaign making its staff discounts available to ordinary car finance customers. Wh...

1,000mph car to be developed

Car loan customers who live on the edge will be excited to learn about a new car currently under development that could reach 1,000mph. The Bloodhound Project wants to beat the current top car speed of 763mph which they set in 1997 with the help of ...

Cabinet Minister goes Mini

Its official: downsizing is no longer restricted to car credit customers on a budget. Cabinet Office minister Tom Watson has swapped his chauffeur-driven car for a humble Mini. Dubbed the "Mini Minister" by the Daily Mail, Watson said he h...

Halal insurance for Islamic car finance customers

Car finance customers with Muslim beliefs could soon be able to access specialist car insurance. Islamic finance is relatively new to Britain, and is not fully understood by many consumers - not even by consumers of the Muslim faith. However, a UK ...

Blue - the car colour of tomorrow

Style-conscious car loan customers will be reassured to hear that the car colour of tomorrow is blue. PPG Industries, a supplier of car paint, issued its annual forecast of popular car colours on Wednesday. So how does someone predict the most popul...

Japanese car loan customers can buy tiny car

Toyota Motor Corporation (TMC) has announced the launch of its new "micro-premium" car, the iQ. The car will initially be available in Japan only, and will go on sale on 20th November this year. TMC claims the car "combines outstandin...

New models for car credit customers

Britains car industry has been given a much-welcomed boost by two Japanese car-makers announcing new models that are to be produced in the UK and sold to UK car credit customers. Last weeks Paris motor show saw Honda unveil the latest version of its...

Justice for car finance customers subsidising untaxed vehicles

In August we reported that UK car finance customers and other motorists are making up a £500m insurance shortfall every year to cover drivers who do not have car insurance. It now looks as though such individuals are receiving their comeuppance...

Car credit customers considering a downsize

A survey by the RAC has discovered that over one third of UK drivers are proactively looking at downsizing their cars in order to make the best use of car credit and to save money overall. The motor trade has experienced a stormy six months and is ...

Haggle on vehicle price to make car finance stretch

At a time where running a car is becoming more expensive due to rising fuel costs, and the budget in general is being stretched, its important to make sure you get the best possible price on the vehicle. Dont be afraid to haggle over the price of yo...

Increased demand for car finance

The total amount of car finance and other forms of unsecured borrowing has increased in recent months. Financial services provider the Fair Investment Company reveals that, as of the end of August 2008, UK consumers have approximately £5,886 t...

Car credit customers paying less in real terms

Contrary to popular belief the cost of motoring is actually going down in real terms. Car credit customers are set to benefit, according to a recent report from motoring organisation the RAC: "In real terms it is 18% cheaper to buy and run a car...

Car finance customers holding onto purse strings

Its official; last months figures relating to car sales are the worst since 1966. It seems strange to think that in the year England won the World Cup there was also a severe drop in the number of cars being sold in the UK but it is true and now, so...

Limited car credit for luxury cars

The credit crunch has affected the sales of high performance vehicles to the extent that Luxury car maker Bentley is reducing production. The plant in Crewe plans to reduce shifts and hours for models that have sold slower, a move that will cost at ...

One in four will buy with car finance

The most recent Sainsburys Finance Car Buying Index shows that one in four (27%) of people who intend to buy a vehicle over the next six months will use car finance to cover at least some of their purchase. The findings suggest that of the total am...

Spectrum of car finance providers getting broader

A study carried out by a professor from the University of Buckingham has revealed that a broader range of options for car finance exist than ever before. Professor Cookes study showed that point of sale finance has slumped between 1997 and 2006, bec...

Car loan customers offered Daihatsu deal

Car loan customers looking for a good deal could consider purchasing the new Terios Kiri model from Daihatsu. Only 250 vehicles will be made available to car loan customers and other motorists. The price will be £13,895 on-the-road - slightly ...

Car credit customers still not shopping around

Despite the financial publicity surrounding the credit crunch, car credit customers are continuing to miss out on savings when they purchase their used or new vehicles. The new `58 registration plate, which is due to be launched on 1st September, sh...

Car finance customers conscious of environment

New research suggests that about 25% of British car buyers consider the impact of their purchase on the environment before making a final decision. The survey by credit reference agency Experian, suggests that many car finance customers care about h...

Car credit companies affected by slowing US market

Car credit companies are feeling the effect of the credit crunch that originated in the US. Used cars have plummeted in value, while transactions involving pick-up and sport-utility vehicles have ground to a halt. Car finance companies have taken to...

Car loans soar in popularity

The number of consumers taking out car loans from vehicle dealerships has rocketed over the past year. Tim Moss, head of loans at moneysupermarket.com, said the current popularity of car loans was driven by two factors. "Firstly, personal loans...

Car finance pays for half of all new cars

Research from price comparison website uSwitch.com has revealed that half of all new car purchases are made possible by car finance. However, UK drivers could be wasting a collective £168 million by not shopping around for the best deal. Custo...

Improved insurance for car finance customers

Tesco Personal Finance has announced a new insurance product that, it claims, will help car finance customers manage their money in the tough economic climate. The Tesco Car Warranty plans offer breakdown cover starting from £9 per month. Car ...

Reduced used car prices to benefit car loan customers

There is good news for car loan customers who want to make their money stretch. Experts have predicted a 12% fall in the price of used cars between now and Christmas. The usual rate of second hand car depreciation is about 4% in the run-up to the C...

Lotus green car makes noise for car credit customers

Car credit customers who want to make a green purchase with their funds, but dont want to miss out on the thrill of a roaring engine now have an option in the form of the new Lotus car. Most hybrid /electric cars are silent, but the new Lotus hybrid...

Car loan customers covering for uninsured drivers

UK car loan customers and other drivers are making up a massive £500m insurance shortfall every year - thats around £31 a head. The extra money is covering people who do not have car insurance. The figures do not include the cost of accid...

Make car credit stretch with a top insurance deal

If youre buying a car with car credit, you need to make sure your money is being put to good use. Give yourself more to spend on the vehicle you really want by hammering your insurance premium down. The first step is to use price comparison websites...

Slump in POS car finance

A new study has shown a slump in point of sale (POS) car finance for new and used cars over the last decade. The study, which was carried out by Professor Peter Cooke from the University of Buckingham, showed that POS car finance from dealers was wi...

Ford Focus recommended for car loan customers

What Cars first ever Green Awards have crowned the Ford Focus as Green Car of the Year. There were 24 types of car up for the award, but the Focus clinched it. The eco-friendly qualities of the car make it a fine choice for car loan customers, becau...

Car credit customers repairing own vehicles

Car credit customers are combating the credit crunch by repairing their own vehicles and resisting the temptation to upgrade, according to Halfords. Nick Wharton, Joint Managing Director of Halfords, said that the company was beginning to benefit fr...

Good deals on car credit to increase motor show sales

The Finance & Leasing Association (FLA) has claimed that this years British International Motor Show (BIMS) could see increased sales as a result of competitive car finance deals. The FLA claims that, compared to a year ago, more new cars are be...

Car finance customers can beat the credit crunch

If youve bought your vehicle with car finance youll want to make sure your money stretches as far as possible, especially as the credit crunch is causing fuel prices and other living costs to rise ever-higher. These tips should help you get more from...

Car loan customers tempted by free petrol

Building society Nationwide has announced a headline-grabbing offer to give a years worth of free petrol to customers who take out a car loan with them. It hasnt taken long for the experts to issue words of warning, however. Sean Gardner, of finance...

Car credit consumers dismayed at road tax announcement

Vehicle excise duty (car tax) changes due to come into force next April have caused yet another crisis for the Government. Figures released by The Treasury have shown that 43% of car credit customers and other motorists will have to pay up to £...

Danger of choosing a mortgage over a car loan

Car buyers who have chosen to increase the mortgages on their properties rather than take out car loans in order to pay for their vehicles could be setting themselves up for a fall. In the wake of rising utility, fuel and food bills, home owners who...

Car credit harder to come by

Car sales are falling across Europe, owing to a shortage of car credit being made available to customers. Overall, sales across Europe fell by 7.8 per cent in May, with Western Europe the most badly hit with sales falling by 8 per cent. Previously n...

Car data check will highlight outstanding car loans

Buyers of second hand vehicles can now purchase a car data check from the RAC to establish whether the vehicle has an existing car loan secured against it. For just £5, the report will tell a prospective buyer all sorts of important details a...

Men more likely to take out car finance

A survey carried out by credit reference agency Experian has revealed that men are nearly twice as likely to be tempted to take out car finance as women. Almost one in five men reported they were considering taking out car finance in order to buy the...

Police crackdown on car credit fraud

A groundbreaking police intelligence operation has helped to recover nearly £3m of vehicles since September 2007, including many that were purchased with fraudulently obtained car credit, as well as some that were stolen. The Association of Ch...

Car finance customers offered eco-friendly option

Soon car finance customers could have the option to go green, with a range of new electric cars that are currently being developed. The recent spike in fuel prices have made life difficult for many car finance customers, so news of a more efficient,...

Car loan customers look for low cost insurance

A recent report has shown that car loan customers are most likely to rate price as the most important thing when searching for car insurance. There are a host of other features to consider when purchasing car insurance, but a low price consistently ...

Car credit customers advised to spec-ulate to accumulate

Car credit customers have been advised to spend more to benefit from the full value of their investment. In an article for The Times, car connoisseur Jeremy Clarkson notes that car credit customers should invest in all the extra specs to make sure t...

Car finance customers could easily cut costs

With all the recent rises in car and fuel taxes, car finance customers could be forgiven for feeling a little apprehensive about the cost of running a car. However, insurance company Swiftcover has released its top tips as to how drivers and car fin...

Car loan customers have more choice than ever

Car loan customers have the biggest choice of vehicles in over two years, a recent report has shown. Statistics released by the Society of Motor Manufacturers and Traders (SMMT) document that 174,691 vehicles were built in April, meaning that even m...

One in five used car motorists use car credit

A new report published by Sainsburys Finance has shown that car credit could help up to 4.9 million people buy a used car this year. Sainsburys documented that almost one in five (17 per cent) of used car purchases in the next six months will be fac...

Car credit customers too shy for success

The market for car credit customers to purchase a new vehicle is becoming bigger, and thus more competitive, all the time. This means there are big discounts and savings available, but because many car customers are too shy to haggle, theyre losing m...

New government scheme cuts a better deal for car finance customers

A new government plan aims to give new car customers a better deal on their insurance. Transport minister Ruth Kelly has liaised with car providers to discuss possibilities at lowering insurance rates for new customers, who have just passed their te...

Car loan customers divided about environmental options

The Chief Executive of AutoNation, Mike Jackson, has decreed that cumbersome, fuel-guzzling vehicles are "dead and not coming back". Large motors such as the sports utility vehicle (SUV) are falling in popularity with car loan customers, a...

Car credit customers should drive a sensible bargain

Be realistic and sensible in your approach to car credit, is the clear message from a leading financial expert. Finance specialist Craig Hughes said of car credit customers: "The first step to purchasing a car is to make a budget and estimate h...

Car finance applicants should not be put off by bad credit

Those with a bad credit history should not be discouraged from seeking new car finance. An article recently published on Netcars.co.uk by industry expert Andrina James explains that used car finance for those with turbulent credit histories or a bad...

Car loans can be calculated quickly with internet tools

Innovative new internet tools are helping potential car loan customers to understand their car finance situation and avoid car loan scams. Internet car finance loan calculators such as those displayed on thisismoney.co.uk and moneyextra.com give co...

The web helps widen car finance opportunities

Car finance is now quicker and easier than ever before to obtain with the advent of the internet, it has been recently shown. Online car loan application forms are short and simple and require only the most rudimentary of information to complete. Re...

Car finance customers beat credit crunch

The availability of competitive car finance arrangements has seen a surge in car sales, bucking the current market trend. The 'credit crunch' has generally seen a souring of consumer mood and decline in customer spending, but increased options for ca...

It may not be exciting, but finding the right car credit pays.

Finding the right car is the easy part – and the fun part. While discovering your dream vehicle may be the main appeal in purchasing a new car, securing the right car credit option is just as important. Nick White, head of personal finance at Uswitc...