The finance you need The car you want

Car News

Jun 13 2008

A motoring group has revealed how drivers could save money on fuel bills through car sharing, which could appeal to car loan customers looking to cut regular motoring costs.

The Royal Automobile Club Foundation (RACF) said drivers should consider giving or taking lifts while heading to work, which could apply to some car loan customers who have a regular commute.

Officials at the organisation quoted government figures which say around one per cent of UK motorists have taken part in an official car sharing scheme.

RACF deputy director Sheila Rainger said: "In light of current high fuel prices, motorists should not overlook the potential benefits of car sharing, which can reduce the cost of their journeys by up to three quarters."

A car sharing system of four people would ensure those involved get the maximum financial benefit, the RACF said.

Drivers have recently been given eco-driving tips from the EU Commission, which released a YouTube video featuring lower-emission driving techniques.
ADNFCR-1366-ID-18638243-ADNFCR

More from   Financial and Loan  

Used car values fall in October

Nov 20 2008

There was good news for unsecured car loans customers in the market for used cars after prices fell again in October.

More from   Financial and Loan  

'Ideal time' to buy luxury used cars

Nov 20 2008

Buyers who have always dreamed of owning a high-end vehicle without ever having sufficient car finance to do so could be in luck.

More from   Financial and Loan  

New measures 'would help car loans customers'

Nov 19 2008

Motor industry groups have called for the government to take a series of steps to make buying a new vehicle easier for secured car loans customers.

More from   Financial and Loan  

PPI changes 'would be bad news for car loans customers'

Nov 18 2008

Proposed changes by the Competition Commission (CC) to increase competition in the payment protection insurance (PPI) market would leave car loans customers susceptible to financial trouble, according to a motor industry expert.

More from   Financial and Loan  

Used car values continue to fall

Nov 17 2008

The value of used cars is continuing to fall in most market segments, a new report has revealed.

More from   Financial and Loan  

Car loans news: first half-price offer 'not far away'

Nov 14 2008

Buyers applying for unsecured car loans as they search for a new vehicle could soon see the market's first genuine half-price car offer, according to a source.

More from   Financial and Loan  

Increase in fraudulent car loans applications

Nov 14 2008

More people are trying to obtain car loans fraudulently as providers tighten their lending criteria, a report has revealed.

More from   Financial and Loan  

Classic car market still thriving

Nov 13 2008

Despite increasingly tough times for the motor industry, the classic used car market is thriving.

More from   Financial and Loan  

Car finance news: government postpones road tax rises

Nov 12 2008

Unsecured car loans customers concerned by the cost of motoring may welcome the government's likely postponement of vehicle excise duty (VED) rises for cars bought before 2006.

More from   Financial and Loan  

Car loans customers 'running a false economy'

Nov 11 2008

Secured car loans customers who delay servicing their vehicles in order to cut costs are exercising a false economy, experts have warned.

More from   Financial and Loan