Institute of the Motor Industry

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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Expert advice: how to cope with a motorway breakdown

Slow moving motorway traffic. But what happens if you break down in it? Read on to find out (Picture © Volvo)

Slow moving motorway traffic. But what happens if you break down in it? Read on to find out (Picture © Volvo)

Motorways might be safe roads to drive on, but they can be a nightmare to break down on. What should you do if your car conks out in the fast lane? Where’s the safest place to stand? Who do you contact and what will they do? This answers all those questions and more.

For specific advice on what to do if you break down on a Smart motorway, read this article.
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