car buyers

Your car’s colour might make its value plunge

car's colour

You could well pay for choosing a wacky colour like this (Picture Volkswagen)

Experts say you should think carefully before choosing an outlandish shade for your car’s colour. That’s because your motor’s paintwork has a bigger influence on its value than you might think.

Recently, reality TV star Katie Price put her Barbie pink Range Rover up for sale. However, experts reckon that its colour alone could have knocked as much as £3000 off its estimated £22,900 value. If you’re buying a new or used car, what impact will its colour have on the price you pay and what you sell it for? Read on to find out.

Which car colours lose value?

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Finance confusion: new scheme to help drivers pick more honest dealers

Finance confusion

The customer thinks he understands what the dealer’s saying but actually he could be about to buy something he doesn’t need

Finance confusion is leading drivers to feel as if they’ve been overcharged or mis-sold products when they buy a car. But that could be about to change.

Dealers selling financial packages are being encouraged to sign up to a new accreditation scheme. This will enable customers to tell instantly whether their dealer has any code of conduct to abide by when selling financial and insurance products. The aim is to stop dealers bamboozling car buyers with confusing jargon to sell them things they may not need.

What’s behind the changes?

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