Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them.

All maintenance and tax costs are paid by you. Throughout the contract, the car remains the property of the finance company. At the end of the contract, you can either return the car or pay a final ...

In a row dubbed the new PPI scandal, lenders may be liable for billions of pounds of repayments to people who took out car finance.

Before opting to buy a brand new car, it’s important to consider a few factors in order to make the right decision for you ...

Best Car Insurance Offers personalized rate based on driving 842 A+ A highly ranked and long-standing insurance company, Progressive offers auto, home, motorcycle, and other insurance across the ...

British finance minister Rachel Reeves is seeking to intervene in a landmark car loan mis-selling case in an effort to shield the motor finance industry as it faces a potential multi-billion pound ...

Gap insurance, however, would cover the outstanding $7,000 that would otherwise be owed to the financing company. Gap insurance can be purchased from a new-car dealership or can be added to an ...

This could result in car finance companies paying out up to £30bn in compensation to consumers. However, this week the Treasury lodged an application with the Supreme Court, arguing it should be ...

Johnson says he has already received £3,200 from MotoNovo, a specialist car finance company owned by South Africa’s FirstRand Bank. The ruling was like a bomb going off in the consumer finance ...