car news headlines
Car Loans customers who flout the London congestion charge will be hit with stiffer penalties in the future, under new proposals announced.
From December 10th, any finance customer who does not pay the £8 charge for driving in the city centre will be fined £120 - reduced to £60 if paid within 14 days.
Transport for London (TfL), which runs the scheme, claims that by bringing the fine for avoiding the charge into line with other motoring offences, it will urge more credit customers to pay. Future car loans deals could be affected if convicted of flouting the laws.
Graeme Craig, director of congestion charging at TfL, said: "This move brings the penalty for not paying the congestion charge in line with the penalties issued by London boroughs for traffic and parking offences. At the same time, we are trying to make paying the daily charge as easy as possible."
London's congestion charge zone was introduced in 2003 and was the first large-scale scheme of its type in the world.
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Car finance news: Internet changing car-buying process
Sep 30 2008The way people buy cars is changing, as a growing number of people are being influenced by the internet when searching for new cars for sale, it has been claimed.
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Used car buyers warned about insurance write-offs
Sep 17 2008Car buyers have been advised not to be "taken in" by the appearance of a used car but to be wary of whether the vehicle is actually an insurance write-off.
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Car finance news: Aston Martin teams up with Bang & Olufsen
Sep 15 2008Aston Martin has announced a new partnership with Bang & Olufsen that will see a new audio system feature in the marque's DBS sports car.
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Used car values fall in August
Sep 8 2008Used car values continued to slide last month, according to the latest figures from British Car Auctions (BCA).
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Used car market has "underlying strength"
Sep 3 2008Although the used car market is experiencing a downturn, one expert has suggested that it is likely to recover.
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Used car valuations "difficult"
Aug 29 2008Being able to accurately value used cars is proving "difficult" given current market conditions, it has claimed.
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Used car values expected to fall
Aug 7 2008The government's proposals for changing the way vehicle excise duty (VED) is calculated could see used car values fall, according to one expert.
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More visitors view cars for sale at Motor Show
Aug 4 2008The number of people viewing the thousands of cars for sale and new vehicles on display at this year's British Motor Show is expected to be higher than two years ago, organisers have said.
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Tyre advice 'may aid car loan customers'
Aug 1 2008Car loan customers heading off on long summer motoring holidays could be surprised by new figures from the RAC Foundation on drivers' tyre knowledge.
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Overhauled Hyundai i30 joins market of new cars for sale
Aug 1 2008Hyundai has released a range of new cars for sale available in red, white and blue colours in an effort to attract the patriotic British motorist.
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