Motoring Advice Archives

How Much is Low Mileage Worth on a Used Car?

Man enquiring about worth of used car with low mileage

There are many factors that impact the cost of a used vehicle. With mileage amongst the most important, we question how much a used car is worth with low mileage.

There’s no exact science to determine the worth of a used car’s low mileage. That said, Motorway UK use the guiding principle that low mileage vehicles tend to sell for anywhere from 20 – 30% more than the same vehicle with higher mileage.

If you’re shopping around for a used vehicle, you’ll want to factor mileage into your calculations. However, it’s also worth being aware that mileage is not necessarily the final word in a used car’s retail value.

What is car mileage and why does it matter?

A car’s mileage refers to the total number of miles that the car has been driven. It helps you to gauge how well used the car is. Furthermore, it is also an indicator of how likely the vehicle is to break down in the future.

The higher the mileage, the more wear and tear the vehicle will have endured. That’s why you could have two identical vehicles of the same make, model, and age in one marketplace, but the car with the lowest mileage will be higher priced.

In 2021, the average car mileage in the UK was 7,400 miles a year, but anywhere between 9,000 and 12,000 miles would be considered a normal annual mileage.

How does mileage impact a car’s selling price?

A used car with low mileage is likely to be worth more than one with high mileage. There are different factors that will impact the price at which a used car will retail. These include its condition and service history, the popularity of the model, the number of previous owners, its engine type and emissions, its age, and its mileage.

As a side note, it’s always worth checking the brake pads, tyres, brake discs, and clutch of any used vehicle you’re interested in. Be aware, too, that diesel cars will typically have a higher average mileage than petrol. In addition, cars predominantly driven around urban environments will likely be in better condition than their rural counterparts.

As a general rule, cars are grouped into mileage bands. If a vehicle travels over 20,000 miles, it will lose around 20% of its value. If it then exceeds 40,000 miles, it will lose a further 20% of that value.

So, for example, if a car was worth £40,000 new at purchase, but is resold with less than 20,000 miles on its mileage, it will have lost £8,000 in value, making it worth £32,000. If it is then resold with a mileage of over 20,000 and under 40,000, it will have lost £6,400 in value, making it £25,600.

Be aware that this is just a guiding rule, however, and any of the above factors in combination with its mileage will also impact the used car’s overall worth.

Are there any downsides to a low mileage vehicle?

There can actually be disadvantages to buying a vehicle with low mileage.

Clocking

Car clocking occurs when a car’s odometer (the tool that measures mileage) is tampered with. Unfortunately, clocking is a frequent occurrence, so if you find a vehicle with mileage that seems very low, it’s worth investigating whether it’s too good to be true.

Lack of use

If a car is underused, it’s actually more likely to need future work, as parts like the battery, engine or brakes won’t be used to running regularly. Neglected cars, even if they have low mileage, may actually end up costing you more in the long run than a well-run, but well cared for, vehicle.

Your planned usage

Ask yourself how often you intend to use this vehicle. If you’re planning long, frequent journeys, then it doesn’t necessarily make sense to pay more for a car with low mileage, as you won’t make this money back if you plan to resell it at a later point. Far better to opt for a model that’s perhaps a tad more expensive, but similar in make, and with a decent, well maintained service history.

Financing your car

If you’ve found the right low mileage used car, the next step is financing your purchase. That’s where My Car Credit can help. We compare deals from a large and trusted network of lenders to find car finance that fits your need. Get a car loan quote today or contact our team of specialists to find out more.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

Why Have Used Car Prices Gone Up & When Will Used Car Prices Drop?

The past few years have seen demand for used cars soar, with the latest figures from Auto Trader revealing the average cost of preowned vehicles climbed by more than 30% compared to 2020 figures. Currently, British motorists are looking at price tags of approximately £17,800 for used vehicles.

Why have used car prices gone up? Richard Walker, Director of Data and Insights at Auto Trader doesn’t sugar-coat the situation and says “2021 was a remarkable year for the automotive industry. Used vehicle pricing saw double-digit growth and used cars flew off the forecourts in record time.”

So, why are used car prices going up and when will the market cool off? Below, we take a closer look at some of the main factors driving demand for used cars, when you can expect prices to drop and the best options for shopping in a hot market.

Global semiconductor chip shortages

Semiconductor chips may be small, but they power everything from cars and computers to smartphones and medical equipment. In 2021, a global semiconductor chip shortage caused by unplanned COVID factory shutdowns and international shipping challenges bought the car manufacturing industry to a grinding halt.

With British car dealerships facing a shortage of new vehicles, many buyers were forced to turn to the second-hand market. This not only increased demand for preowned vehicles but shrunk sales of new cars, which is ultimately what feeds the used car market.

The supply chain issue was so drastic that “almost new” cars with low mileage and less than 12 months of use were selling for the same price, or in some cases even more than brand new models. For buyers who can manage to secure a new car, wait times are often more than a year. If you’re wondering why have used car prices gone up, the semiconductor shortage is a major factor.

The EV market is growing

The latest figures reveal that battery electric vehicles (BEVs) accounted for around 4% of new car sales in 2021. This marks an impressive growth rate of more than 3% compared to the 0.6% market share BEVs accounted for in 2019. The market for electric vehicles is growing fast, with an increasing number of manufacturers launching new models and building on existing technology.

Back in the mid-2010s, purchasing new was the only way to get your hands on an EV. Today, it’s possible to purchase used EVs for a fraction of the cost. With big road tax savings and zero fuel costs, it’s easy to see why demand for used EVs is higher than ever. The Nissan Leaf is one of the most popular used EV models in the UK, with the latest Auto Trader data revealing the zippy models take just 17 days to leave used car forecourts.

“It’s incredibly positive to see a pure electric at the top of the list for 2021 for just the second time in the seven years we’ve been tracking the fastest selling used cars,” says Auto Trader commercial product director, Karolina Edwards-Smajda.

“There’s been a real breakthrough for EVs in the UK over the last few years, but 2021 really did mark a major step forward in terms of heightened levels of demand. This was driven, in part, by the greater choice and availability of models, as well as the recent fuel shortage which helped to further accelerate consumer consideration.”

Used cars offer great value for money

While most people dream of driving out the showroom in a brand new vehicle, used cars offer irresistible value for money. A recent report from Moneybarn revealed just how big of a financial commitment a new car is. The British finance group found that new car prices have increased five times faster than national salaries.

Today, purchasing a new car costs motorists around 150% of the average UK annual salary. This alone is forcing more Brits to consider purchasing used instead of new. And yes, while some used cars are selling for the same price as their brand new counterparts, there are some great deals to be had on used cars that are 12 months or older.

When will used car prices drop?

Demand for used cars is expected to remain high in 2022, a trend that will be largely fuelled by the ongoing semiconductor chip shortage. Toyota executive Kazunari Kamakura predicts the iconic manufacturer will miss its 9 million vehicle production target for 2022 due to semiconductor shortages, which will have a domino effect for the used car market.

So, when will used car prices drop? While the market is very hot right now, many analysts expect the bubble to burst by the end of the year. Nothing is certain but we’re hoping there will be a price correction soon.

While the used car shortage and high prices will likely stretch into 2022, with a good strategy there’s no reason why you can’t score a great deal this year. Here’s how:

Boost your budget with car finance

First, consider boosting your budget with car finance. A car loan from a trusted provider can help increase your spending power and get you behind the wheel of a quality used car sooner. You can get a better idea by looking at a car loan example online. We’re here to help with the best car finance deals in the UK. Get in touch with the My Car Credit team today to discuss your options.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

What is a Balloon Payment on a Car Loan?

7 Advantages of Used Car Hire Purchase

How Do Car Finance Calculators Work?

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

semi-conductors used car prices

Can I Buy a Car with a UK Provisional Licence?

Young man happy he can get a car on a provisional licence

Whether you’ve always been a keen motorhead or you just want to get familiar with a particular car prior to taking your test, there are various reasons why learner drivers might want to buy a car before they’ve passed.

Read on as we answer the frequently asked question, “can I buy a car with a UK provisional licence?”

Can you buy a car with a UK provisional licence?

The great news is that yes, you can buy a car with a UK provisional licence. However, the DVLA (Driver and Vehicle Licensing Agency) does have legal obligations for car ownership that must be fulfilled – no matter what kind of licence you have.

As well as ensuring that you have your provisional licence, you must also have your MOT certificate, up-to-date vehicle tax, and your vehicle log book (known as the V5C). You must also ensure that your vehicle is roadworthy and is registered with the DVLA itself.

Remember, that with a provisional licence, you cannot drive the car. You’re only able to do so provided that you are accompanied by someone with a full driving licence, and there must be ‘L’ plates displayed. The insurance must cover both people in the car, too.

Bear in mind that most car finance companies won’t approve a finance deal with a driver who only has their provisional licence. It’s seen as too great a risk.

What car should you buy?

It’s important to go for a car that can get scratched up. Smaller cars with good fuel efficiency and small engines are best – and these also tend to be cheaper to insure.

Do your research on the best kind of vehicles for beginners, and stick to those – don’t dream too big. You may find family or friends selling old models at a discounted rate. As you know them, they’re less likely to deceive you about the car’s quality or safety, and they may offer price reductions if you’re lucky.

Alternatively, you could even look out for the exact car model that you learnt to drive in. That way, you won’t be thrown by any significant changes between the different makes of car.

Why buy a car when you can’t yet drive?

It might seem strange to buy a car when you only have your provisional licence, but there are logical reasons for why you might want to do so.

Insurance

Finding insurance as a new driver can be tricky, and it can be more complex depending on factors like your age and gender too. By purchasing a car whilst you’re still learning, you’re giving yourself time to research the right insurance policy for when you’re hitting the roads without a fully-licensed companion.

Familiarity

As we touched on above, purchasing a car that’s the same as your instructor’s means you won’t be thrown by difference between models and makes. Similarly, if you practice driving in a car with a provisional licence (with a licensed driver also in the vehicle), you’ll be more confident to hit the road on your own once you’ve passed your test.

Your first car after passing

When you pass your test, and your provision licence is swapped for a full one, you may well want to swap your learner car for something a bit nicer too. That’s where My Car Credit can help finance your first car.

Check for car finance without affecting your credit rating, then get a quote that’s tailored to your credit score and affordability. You’ll be able to upgrade your learner car in no time, without breaking the bank!

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

Check for car finance without affecting your credit score

PCP: Is It Worth It?

Car Finance: A Complete Guide

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

buying first car driving licence first car learner driver new drivers provisional licence

Where Do ‘We Buy Any Car’ Sell Their Cars?

With more than 400 branches across the UK, We Buy Any Car is one of the biggest and most recognised auto dealerships in the country. Headquartered in Surrey, the industry giant employees more than 700 people and prides itself on quick and easy service.

One of the main attractions of We Buy Any Car is its promise to buy any kind of car – including a car that’s accredited with a Statutory Off-Road Notification (SORN), a damaged car, an uninsured car or a salvaged car. That raises questions about the kind of cars they sell – and where they sell them.

In truth, We Buy Any Car sells a wide range of vehicles that reflect the variety on British roads – from vans and SUVs down to hatchbacks and convertibles. Whether you want to buy a car from We Buy Any Car or you’re just interested in where your last vehicle is headed, this article will explore where We Buy Any Car sell their cars.

We Buy Any Car: The Basics

With more than 500 branches across the UK, We Buy Any Car is one of the biggest and most recognised auto dealerships in the country. Headquartered in Surrey, the industry giant employs more than 700 people and prides itself on quick and easy service.

A We Buy Any Car buyer will inspect the interior and exterior of your car to check for any structural or cosmetic damage. They’ll also perform a short test drive and will check documents including the V5C logbook, as well as your photo ID and bank details, and proof of address.

The company’s promises are lofty, pledging to “sell your car in under an hour” and value your car in just 60 seconds. The service has been an undeniable hit with British motorists, who have left more than 100,000 reviews on Trustpilot and an overall rating of ‘excellent’. That said, the reviews aren’t all glowing – we’ll touch more on that later.

So, what does We Buy Any Car do with its influx of vehicles? We take you behind the scenes and reveal where We Buy Any Car sell their cars.

Selling Vehicles through Dealerships, Car Supermarkets and Auction Houses

Where do We Buy Any Car sell their cars? When you sell your vehicle to this company, it’s generally heading straight to a nearby dealership where it will be sold at a profit to another driver. Alternatively, it may be listed on an online ‘car supermarket’ where it will also be sold at a profit.

If the car isn’t in great condition, it may be relocated to one of the company’s regional centres where it’s offered to a different set of car dealerships and traders. If the car isn’t sold here, it will likely be sent to a car auction and ideally sold for a profit, though this is not guaranteed.

This is why We Buy Any Car covets vehicles that are in good or excellent condition, as the chances of turning a profit are much higher. The risk of having to send a car to auction and losing money is much higher for older and less desirable vehicles.

If you’re looking for your next nearly new or used car, there are options beyond We Buy Any Car. In fact, My Car Credit offers a one-stop shop for drivers looking to snap up both their next set of wheels and car finance in one go.

Used car finance is a great way of getting on the road without having to fork out as much as you would for a car that’s fresh off the showing room floor. You can also use our My Car Search tool to find the used car you’ve always wanted at an accessible price – just fill out your search criteria and we’ll let you know the best options for you. Plus, our car finance calculator can help you work out what you can expect to pay back via affordable monthly instalments.

The pros of We Buy Any Car

A tried and tested service that’s fast, easy and hassle-free.
100,000 positive reviews on Trustpilot and an ‘excellent’ overall rating.
More than 500 branches across the UK, making the service easy to access from almost anywhere in the country.
Claims not to bombard you with ‘pushy sales tactics’ leaving you free to decide.
Will buy vehicles that don’t run or are damaged, as well as those that aren’t taxed or insured.
The company will buy cars with outstanding finance on them, and can sell these for you so long as you provide an in-date settlement letter.

The cons of We Buy Any Car

Sellers generally receive a lower-than-market value price, even for cars in good or excellent condition. You’ll typically make more money by selling your vehicle privately or on Autotrader.
Frequent reports of sellers receiving higher price quotes online, then being lowballed at the dealership. This is because the online quote is typically offered for vehicles in ‘showroom condition’, even if the vehicle receiving the quote is old or damaged. This can then result in a mismatch between the online quote and the price offered at their branches.
Has previously been in hot water with bodies like the Office of Fair Trading (OFT) for misleading motorists. In 2011, the company was accused of a lack of transparency in dealing with consumers, particularly over their online vehicle valuation.
We Buy Any Car has an online car finance calculator, but it’s unclear how this is provided or regulated. My Car Credit is part of Evolution Funding, the UK’s largest motor finance and technology provider, offering market-leading technology and the largest selection of car finance companies out of any broker.

Buying from We Buy Any Car

Now you know more about where We Buy Any Car sell their cars, let’s cover how the service may affect you as a buyer.

Chances are, you’ll come across cars purchased and resold by We Buy Any Car when shopping for a used vehicle.

Be aware that you can’t buy a car directly from We Buy Any Car – as discussed above, the company sells your car onto a dealership, car supermarket or auction house. So, although you can sell directly to We Buy Any Car, you cannot purchase a used car from the company, as they sell vehicles that they purchase via other means.

If you’re shopping for a nearly new or used car via any of these three routes, you may benefit from some great deals. That said, you do need to be savvy when browsing the used car market. Always do your due diligence and check that the dealer, car supermarket or auction house where you’re buying the car is legitimate.

This is where My Car Credit comes in. We regularly vet all our preferred dealers for status with the Financial Conduct Authority (FCA).

The FCA screens financial institutions to ensure that they operate with transparency and integrity. Ensuring that consumers are treated fairly and are provided products and services that match their needs is a primary goal of the FCA. They exist to help you make more informed decisions without feeling deceived by misleading promises from financial businesses and institutions.

By making sure that our preferred dealers are FCA-checked, we ensure that you receive transparency and excellent customer service.

Use our My Car Search to find quality pre-approved nearly new and used cars from FCA-screened dealers. You’ll be securing both your used car and car finance in one go, benefitting from a streamlined and stress-free experience.

Coupled with award-winning and highly competitive rates and even poor credit car finance, My Car Credit is the best platform to use when shopping for a nearly new set of wheels and the finance agreement that funds its purchase.

Get Your Dream Car Financed With My Car Credit

You don’t have to settle for vehicles offloaded quickly through We Buy Any Car. At My Car Credit, we’ll help you get behind the wheel of a reliable nearly new or used car, no matter your credit profile.

From poor credit car finance to used car finance, we’ve got years of experience helping drivers across the UK find their dream car and finance it all in one go. Use our online application form to kickstart your used car finance journey today.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

How to Finance a Car in 4 Easy Steps

Can I Give My Car Back to the Finance Company?

Leasing vs Finance: What’s the Difference and Which is Better?

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

car buying online selling a car we buy any car

10 Ways to Keep Your Car Secure

Man walking after parking his car in a secure parking lot

From returning to a smashed window in the Tesco car park to heading out to your car in the morning only to find it’s vanished; car crimes are all too common in the UK. In fact, every year, the RAC receives more than 150,000 reports of stolen cars, vans, and motorcycles.

So, what will help keep your car secure? Read on for our comprehensive guide to preventing car theft and break ins. We cover a wide range of solutions, from no brainers like locking your vehicle to clever tricks like installing anti-theft number plate screws.

1. Hide ALL valuables

Don’t think that iPhone cord plugged into your USB charger counts as valuable? Think again. Even if your phone is safely stashed away in your pocket, an iPhone cord tells thieves there’s a chance it could be concealed in your glovebox or under the seat. Leaving your charging cord out just isn’t worth the risk. The same goes for items like a gym bag, which may be stuffed with sweaty clothes but could be mistaken as a goldmine by a thief.

2. Lock your car

It may sound ridiculously simple, but locking your car is one of the easiest and most effective ways to prevent theft. According to Neighbourhood Watch, 44% of all car break ins are via an unlocked door. This means a simple turn of the key or tap of the lock button can drastically reduce the risk of a break in.

3. Install a vehicle tracker

If you’re serious about preventing car theft, installing a personal vehicle tracker is a savvy solution. Designed to track and trace vehicles, these nifty devices keep tabs on your car if it’s taken without your permission. Disclaimer – if your vehicle is stolen don’t go rogue and try to hunt it down yourself. Instead, get in touch with the police and let them take the lead.

4. Use a steering wheel lock

What will help keep your car secure? Most thieves are opportunists so small deterrents like a steering wheel lock can go a long way when it comes to preventing car crime. You’ll find these available from online stores and bricks-and-mortar retailers. The great thing is these locks can be easily fitted to your steering wheel when you’re away from your car.

5. Use public transport in London

Whether you live in London or are just visiting, using public transport is one of the easiest ways to minimise the risk of car break ins and theft. The Capital is one of the most crime-ridden regions in the UK. What’s more, a representative from UK-based company Tracker stated, “It is no surprise that London was the busiest region for vehicle thefts and recoveries in 2020 – it always is. The area accounts for as many recoveries as the next seven regions in our top ten, combined.”

6. Park in a well-lit area

Did you know 80% of all car thefts and break ins occur at night? By parking in a well-lit area, you’re taking away the cover of darkness which can help deter thieves. Ideally, you should park your car in a secure garage overnight. However, if this isn’t possible, try to park under a streetlight. This is one of the easiest solutions when brainstorming what will help keep your car secure.

7. Install anti-theft number plate screws

Personal belongings and the vehicle itself aren’t the only things on the radar of thieves, with number plates also hot property. Stolen plates can be used to evade road tax, steal petrol, and commit other crimes – all under your name. Available from most car accessory stores; anti-theft number plate screws are a shrewd way to deter thieves and keep your plates where they should be.

8. Hide your keys at home

It can be tempting to hang your car keys on a hook next to your front door. Unfortunately, this makes it all too easy for a thief to take off not only with items from your home, but also your car. After breaking into your home, all they need to do is step outside, press the unlock button and look for the flashing lights. So, what will help keep your car secure? Stashing your keys in a drawer or somewhere else out of sight is a simple way to minimise the risk of car theft after a home burglary.

9. Avoid Range Rovers and Land Rovers

Serious car thieves have expensive taste and unfortunately, Range Rovers and Land Rovers top the list as the most stolen vehicles in the UK. Statistically speaking, the chances of your car getting stolen are higher if you own one of these luxury vehicles. That said, they are a pleasure to drive! Therefore, with the right precautions you can enjoy classic models like the Discovery and Defender without having to worry about theft.

10. Upgrade to a newer model

Car manufacturers are continually developing new ways to outsmart thieves. This means when you upgrade to a newer model, you’re also improving your security credentials. For example, the latest Ford models feature intelligent security technology designed to combat keyless entry hackers.

Land Rover is also spearheading the movement with ultra-wide-band radio technology. In short, this is designed to confuse counterfeit fobs and prevent keyless entry thefts. Furthermore, BMW and Mercedes-Benz have taken a similar approach to Ford and installed motion sensors into their keyless fobs to deter thieves.

Keep your car secure by upgrading today

If upgrading to a newer model is on your radar, My Car Credit is here to help. Whether you’re in the market for a nearly-new luxury SUV or a second-hand estate car, our car finance experts can unlock you the best deals in the UK. We’re backed by leading motor finance broker Evolution Funding, meaning we have access to a huge variety of lenders.

It all starts with a quick online quote, with zero impact on your credit score. Once you have a better idea of where you stand, we’ll check your car finance eligibility then scour our lending panel for the best car finance deals in the UK.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

PCP: Is It Worth It?

Leasing vs Finance: What’s the Difference and Which is Better?

What to Do If You Can’t Pay Car Finance Because of COVID-19

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

car safety car security

What Are the Best Small Automatic Cars?

Sat in a cafe researching the best small automatic cars

From excellent fuel efficiency to breezy parking and low maintenance costs, there’s plenty to love about small automatic cars. They’re the vehicles of choice for millions of Brits, with most manufacturers offering their own versions of this popular vehicle class.

Thinking of getting behind the wheel of a small automatic car? This article is for you. Read on as we investigate what are the best small automatic cars in the UK, focusing on factors like fuel economy, family-friendly features, eco credentials and more.

Vauxhall Corsa – Best for 2021

When it comes to sales, the Vauxhall Corsa has made quite the impression in 2021. The new look supermini was relaunched by the British-owned brand in 2020 and captivated motorists with its stylish aesthetic, up-to-the-minute tech, and zippy engine. Sales have skyrocketed in 2021, with the Corsa stepping up as a serious contender to the Ford Fiesta, which has been consistently crowned the best-selling car in the UK for the past few years. Want to go electric? Vauxhall has also launched a pure-electric version of the Corsa with an impressive range of 208 miles.

Nissan Leaf – Best electric small automatic car

A sporty profile, impressive driving range and affordable price tag make the Nissan Leaf our top pick in the best electric small automatic car category. The latest models are equipped with advanced Intelligent Driving technologies developed by Nissan, including the highly anticipated ProPILOT² semi-automated driving system and smart e-Pedal mode.

With EV charging infrastructure continually expanding across the UK, driving a Nissan Leaf is more practical than ever. The only downside is you’ll need a garage or secure parking spot to own a Nissan Leaf or similar, as EVs can be difficult to charge when you rely on street parking.

Toyota Yaris – Best hybrid

If you want to dip your toes into the EV scene but aren’t ready to make a full commitment, the Toyota Yaris is a great compromise. Fast and compact, this model is one of the smallest hybrids on the market and offers an impressive 68mpg running on battery alone. This makes it great for zipping around the city and keeping your eco footprint to an absolute minimum. When you need the reliability of fuel, simply fill up the tank and switch to petrol mode. A CVT gearbox ensures smooth gear transitions around town, though things can get a little noisy at higher speeds. This makes the Yaris a great option for urban driving as opposed to longer road trips.

Audi A1 Sportback – Best for luxury

Sleek and stylish, the Audi A1 Sportback is one of the most luxurious superminis on the market. It promises all the bells and whistles you’d expect from the high-end manufacturer, including luxe interiors and lots of upgrades to choose from. It may be small, but the Audi A1 Sportback doesn’t compromise on space or comfort, making it ideal for both urban runs and long road trips.

Peugeot 208 – Best for fuel-efficiency

If saving money at the forecourt is your top priority, you’ll love the Peugeot 208. Marketed as a “city car with a sporty design” this model offers impressive fuel economy of around 44.3 – 56.7 mpg for the auto petrol version. With the RAC warning that British petrol prices are creeping towards all time highs, there’s no better time to upgrade to a fuel-efficient vehicle. When researching what are the best small automatic cars in the UK for fuel economy, the Peugeot 208 will definitely win a place at the top of your list.

Volkswagen Golf – Best family-friendly small automatic car

It’s difficult to outperform the Volkswagen Golf when it comes to family-friendly features. Brits have loved this model for around 50 years and for good reason. The hatchback is practical, spacious, and comfortable, meaning it can transition from school runs to weekend camping trips with ease.

The 380-litre boot offers lots of space for all your luggage, with the option of folding the rear seats down to create a huge 1270-litre boot. Great if you’re taking the dog to the vet or purchasing a new bike. As well as being packed with family-friendly features, the Volkswagen Golf offers great value for money. Once again, this wins it big points with budget-conscious families in search of a small automatic car.

Ford Fiesta – Best all-rounder

What are the best small automatic cars? The universally loved Ford Fiesta has been winning over Brits for decades. It’s reigned as one of the best-selling cars in the country for years, with motorists falling hard for the fun design, smooth handling, and plucky engine.

While we love Ford Fiestas from the 2010s, the latest models will blow you away with high-tech features and systems. Slide into small spaces with Active Park Assist, sit back and relax with Adaptive Cruise Control and enjoy a smoother and safer ride with Lane Keeping Aid. Once you experience these clever new features, you’ll never want to go back.

Buy the best small automatic cars with ease

Thinking about purchasing a new car but not sure how your credit rating looks? We have you covered. Our car finance checker is built to help you check your suitability as a loan applicant, without leaving a permanent mark on your credit score. Known as a “soft search”, it gives us an overview of your financial history without exposing this information to lenders. This allows us to tailor your car finance options and connect you with the best lenders for your unique circumstances.

With rates starting from 6.9% APR, we make owning your dream small automatic car faster and more affordable than ever.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

Leasing vs Finance: What’s the Difference and Which is Better?

Balloon Payments Explained: What, Why & How

Am I eligible for car finance?

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

automatic cars car buying city cars small cars

Types of Car Headlights and Their Impact on Safety

From illuminating dark roads and increasing visibility in low light to warning other drivers about an upcoming hazard. There’s no doubt that car headlights are fundamental to road safety. Most drivers know how to switch between dipped and full beam headlights. However many don’t know the full extent of their car’s capabilities.

A good understanding of what types of car headlights your vehicle has and how to use them is an important part of being a safe driver. Want to know more about how to navigate your way around the dashboard? Read on as we explore the different types of car headlights and their impact on safety.

Types of car headlights

Dipped headlights

The most commonly used types of car headlights, dipped beams are angled towards the ground and light up the road in front of you. Brighter than sidelights, they tend not to be as dazzling as full beam mode. Usually, dipped headlights are operated by a switch on the dashboard or twist function on the indicator rod. It’s also worth noting that many modern cars are equipped with the technology to activate dipped headlights without driver input.

UK Highway Code states that drivers must “use headlights when visibility is seriously reduced” and you’re unable to see more than 100 metres ahead. As well as the dark hours between sunset and sunrise, dipped headlights should also be used in gloomy weather that reduces visibility.

Full beam headlights

The brightest type of car headlight, full beams feature a higher angle that lights up more of the road. Depending on your car make and model, full beams can use either the same or a different set of bulbs to dipped headlights.

Be cautious when using your full beams, as UK Highway Code states you must not “use any lights in a way which would dazzle or cause discomfort to other road users. This includes pedestrians, cyclists and horse riders.” They’re generally switched on when driving on unlit stretches of road. Furthermore, they should be turned off when approaching other traffic.

Daytime running lights (DRLs)

Featured in most newer models, daytime running lights are activated with the engine and remain lit throughout your drive. They were standardised in the wake of studies suggesting that vehicles with permanent daylights increase safety and visibility on the road. You don’t need to do anything to activate DRLs, making them one of the easiest and most hassle-free safety enhancers out there.

Fog lights

Designed to cut through haze and mist, fog lights can drastically increase safety in challenging driving conditions. They’re generally installed at the front and rear of the car, with colour coded switches (green for the front and amber for the back). In most cars you’ll turn on your fog lights by activating dipped mode, then twisting or pressing the fog light switch. The symbol is usually a half moon next to a vertical wavy line interspersed with three horizontal lines.

Hazard warning lights

Visible from all corners of your car, hazard warning lights activate all four indicators at the same time. As such, they are designed to alert other drivers of your stationary position. The amber lights blink in unison and warn other drivers that a hazard is ahead. Scenarios where you might activate this type of car headlight include breaking down on the side of the highway or stopping for a crash. Easy to find, the hazard lights switch is usually identifiable by the red triangle shape.

Indicators

All drivers should be familiar with the ins and outs of indicators. These blinking amber lights let other drivers know your intentions and prepare accordingly. As well as basic corners, don’t forget to indicate when you’re travelling through a roundabout, changing lanes, overtaking and merging.

Brake lights

Like indicators, brake lights are used to alert other drivers of your intentions. They’re activated when you apply the brakes and light up the red bulbs near your taillights. Brake lights should be working at all times, or you risk penalty notices, fines and even points on your licence.

Sidelights/parking lights

Usually located in the front headlamp unit, sidelights are typically powered by 5W bulbs and are not as bright as your standard headlights. Instead of illuminating the road, these low-powered types of car headlights are designed to increase the visibility of your car. In the UK, sidelights should be switched on when parking your car on roads with speed limits of more than 30mph.

Different types of car headlight bulbs

Car headlight technology is continually advancing, with manufacturers championing energy efficient and eco-friendly bulbs. Today, most new models are powered by three types of bulbs. These are halogen, light emitting diodes (LED) and xenon/high intensity discharge (HID).

Halogen bulbs use a tungsten filament and a mix of gases, usually nitrogen and argon, to create light. While they’re popular, they’re not as bright or inefficient as other options.

LED bulbs, short for light emitting diodes, offer incredible energy efficiency and produce very little heat. They reach full illumination up to 250 times faster than halogen bulbs. For this reason, they are ideal for time-sensitive lights such as brakes and indicators.

Xenon headlights are a popular choice for luxury cars, using metals and heat gases to create a bright blue or white glow. While the brightness and range of the light is impressive, xenon bulbs can dazzle other drivers and create glare.

Get intuitive with your car headlights

While best-selling models like the 1995 Ford Fiesta were state-of-the-art at the time, technology has advanced in leaps and bounds since then. New cars are designed to make the driving experience as intuitive as possible. For example, user-friendly dashboards and automatic sensor technology that activates many of the different types of car headlights for you.

Sliding behind the wheel of a nearly new 2020 model, you’ll be impressed by five-star safety features. For instance, flashing brake lights are now common, as is an auto high beam function that automatically dips your headlights when oncoming traffic is detected. Furthermore, ultra-efficient LED daytime running lights increase visibility 24/7. It’s not just Ford that’s setting new standards for headlight safety, with other manufacturers also championing smart headlight technology.

If you’re constantly having issues with your car’s headlights, why not upgrade your ride with the help of My Car Credit? Use our car loan APR estimator to find out just how affordable your next car could be.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

Financing a Second-Hand Car: 4 Options

How Does Auto Finance Work?

Who is the Legal Owner of a Car on Finance?

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

car headlights car safety safety

Can You Modify a Car on HP Finance?

Hire purchase finance (HP) is an excellent way of buying a car when you don’t have the money to pay for it upfront. Not only is the vehicle yours once the final payment has been made, unlike PCP, but you’re more likely to get car finance with a poor credit rating using HP.

But once you’ve got the car, what can you do with it? In this post, we’ll discuss whether you can modify a car on HP finance.

What is HP finance?

HP finance is essentially a deal where you borrow the money to pay for your car. As a result, you aren’t the owner until the deal is completed. Instead, it is the finance company who owns the car, which means they have a considerable say on whether you modify the vehicle.

Once the last payment is processed and your name is on the V5, you can do whatever you want (as long as the alteration is road legal).

Is there any way to modify a car on HP finance?

Yes – but you need to ask for permission first. If you don’t, you may void the terms of your agreement, and the finance company is entitled to ask you to pay the remaining balance in full. Alternatively, they may take the car back and sell it at auction. Should the car make less at auction that you owe to the finance company, you could then be liable for the balance.

By contacting the lender, either via telephone, email, or letter, you will eliminate any nasty surprises down the line. Make sure you get confirmation in writing. That way, you can prove you didn’t nullify the terms and conditions of the deal.

What are considered modifications?

Considered modifications on a HP finance deal can be anything that impacts the value of the car, whether positively or negatively.

Even the smallest modifications can have an impact on your finance agreement, so be careful not to make changes that haven’t been agreed with the lender.

Modifications could include, but are not limited to:

Cosmetic changes to appearance, e.g., body kits, spoilers, paint, wraps, window tints, lights, wheels, etc.
Upgrades in performance, e.g., suspension, exhaust, engine, brakes, gearbox, etc.
Addition of towing equipment, e.g., towbar
Infotainment systems, e.g., software, screens, speakers, stereos, etc.

So, don’t take the risk – speak to the lender. And of course, if it’s simply the case that you’re ready for a car with even more specifications, My Car Credit can help you with calculating and arranging car finance on your next wheels.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

What is CS Car Finance?

Can I Finance an Automatic Car?

How to Finance a Car in 4 Easy Steps

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

car finance agreement car modifications hire purchase hp finance modifications

Car Emissions – How to Reduce Your Carbon Footprint

cars in a traffic jam giving off car emissions

From zippy Ford Fiestas to tough-as-nails Land Rovers, vehicle emissions are one of the biggest contributors to air pollution in the UK. The Royal College of Physicians estimates air pollution claims the lives of more than 40,000 Brits a year. This makes all the more essential to reduce emissions wherever possible.

So, what can you do to slash car emissions and minimise your carbon footprint? Read on for some easy ways to get from A to B as efficiently as possible.

1. Quit idling

You can’t always avoid idling in traffic. However, scenarios like collecting the kids from school or waiting for a partner to pick up a few supplies from the supermarket create unnecessary emissions. According to Westminster City Council in London, idling cars produce enough exhaust to fill 150 balloons every minute.

These car emissions are laced with gases like carbon dioxide and carbon monoxide. Not only do these contribute to air pollution and climate change but are also linked to respiratory issues like asthma and lung disease. Turning off your engine where possible is one of the easiest and most effective ways to reduce your emissions and tread a little lighter on the planet.

2. Carpool

Want to literally slash your emissions by 50%? Carpooling is a hugely effective way to reduce your carbon footprint and unlock fuel savings in the process. It works particularly well for commuters, school runs and multifamily holidays. Furthermore, you may discover other great scenarios where carpooling works a treat. The more passengers you add, the greater the savings!

3. Drive less

Simple lifestyle changes like walking to your local high street instead of driving can have a big impact on your carbon footprint. You’ll also be working towards the recommended 30 minutes of exercise per day. Consequently, this makes driving less a great way to improve your health and care for the planet. Even better, many insurers now offer reduced premiums for motorists who use their cars less.

4. Enjoy a smoother ride

When you’re behind the wheel, efficient driving is one of the best ways to minimise emissions and reduce your carbon footprint. Go easy on the accelerator, especially if you’re driving in the city. Obviously, it’s pointless to rapidly increase your speed only to be slowed down at a traffic light. You should also avoid erratic braking as this can heighten your fuel consumption and increase emissions. Essentially, you want to keep your driving as smooth and fluid as possible.

5. Service your car regularly

From oil changes to tyre alignment checks, regularly servicing your car can help unlock better fuel mileage and reduce your environmental footprint. A well maintained vehicle will also save you money at the forecourt, making it a win-win situation for your wallet and Mother Nature.

6. Check your tyre pressure

Driving with the right tyre pressure can drastically improve your fuel economy and reduce emissions. Studies suggest under-inflated tyres can increase fuel consumption by as much as 5% due to higher rolling resistance and temperatures. This translates to higher emissions, as well as faster wear and decreased tread life. A quick Google search should pull up the correct tyre pressure for your vehicle make, model and year.

7. Replace worn tyres

Driving with worn out tyres not only reduces performance but significantly increases your emissions. A recent study from Emissions Analytics revealed just how damaging worn tyres can be. Senior researcher Richard Lofthouse warned, “It’s time to consider not just what comes out of a car’s exhaust pipe but particle pollution from tyre and brake wear. Our initial tests reveal that there can be a shocking amount of particle pollution from tyres – 1,000 times worse than emissions from a car’s exhaust.”

He adds that tighter rules are needed to monitor non-exhaust emissions (NEE), which are “totally unregulated” and pose a major threat to British air quality. The bottom line? Staying on top of your tread and replacing your tyres when necessary can have a big impact on your carbon footprint.

8. Skip the air conditioning

If you really want to bring down your carbon emissions, consider skipping the air conditioning and opting for a rolled down window instead. Turning on the AC places extra stress on the engine which can result in a 20% increase in fuel consumption. In fact, this makes it one of the most demanding auxiliary features of your car. The impact is especially noticeable at low speeds, so try to keep your use as low as possible during city drives.

9. Embrace cruise control

Cruise control is a great way to maintain a steady speed on longer drivers. Unnecessarily slowing down and speeding up can burn through fuel and ramp up your emissions. The upside is that this makes cruise control a great way to reduce your fuel consumption and minimise your environmental footprint.

10. Clean out your car

Maybe it’s a few bags of charity store donations in the back seat or a boot full of beach gear you’ve been meaning to unload since last weekend. Whatever the case, removing excess luggage from your car is a guaranteed way to reduce your carbon footprint. Vehicle weight has a direct impact on fuel efficiency, with a recent Canadian study suggesting reducing weight by 10kg translates to savings of $104 over 200,000km – that’s around £75.

11. Choose the right car for your needs

Reviewing the suitability of your vehicle can have big implications for your carbon footprint. For example, if you own a 4WD but mostly use it for school runs and supermarket trips, it could be worth switching to a smaller and more fuel efficient vehicle. Alternatively, you might prefer to purchase a second vehicle for city use and save the 4WD for longer trips. Every motorist is unique, so take the time to analyse your situation and make an informed decision.

12. Upgrade your vehicle

New vehicles are more fuel efficient than ever, with models like the 1.5-litre four-cylinder diesel engine Peugeot 208 offering an impressive fuel economy rating of 73.6mpg. When running on petrol, the Peugeot 108 boasts a 58.9mpg rating, making it one of the best-performing cars on the market. If you drive an older vehicle, upgrading to a newer model could have an incredible impact on your emissions and carbon footprint.

Best of all, it’s easier than you think. My Car Credit is helping Brits across the country unlock the best car finance rates from top lenders, including car finance with poor credit.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

How Much Car Finance Do I Qualify For?

Can You Modify a Car on HP Finance?

What Happens if I Can’t Pay My Balloon Payment?

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

car buying tips car emissions environment green cars

6 Driving Tips to Save on Petrol

Man driving his car wondering how to save petrol

In May 2021, the RAC Foundation predicted that June would see fuel prices rise for the seventh consecutive month. With this in mind, saving money at the forecourt remains a top priority for British motorists. Tracking down the cheapest fuel prices in your local area is one way to save on petrol. But did you know there are also some easy tips and tricks you can utilise to minimise your fuel consumption? Here’s how.

1. Stop idling

Do you tend to keep the motor running while you’re waiting for the kids to come out of the school gate? Maybe you don’t bother to switch off the engine while your partner pops into the shop for milk?

Whilst this can seem harmless, idling can waste up to two litres of fuel per hour. What’s more, idling can release more than 5kg of CO2 into the atmosphere. Saying no to idling can also save lives, with the Royal College of Physicians warning air pollution claims around 40,000 British lives every year, with idling a key contributor.

“Whether it is outside schools, picking up relatives from stations, or in a car park, we can all do our bit by switching off our engines and reducing our emissions,” says RAC roads policy spokesman Nicholas Lyes.

2. Inflate your tyres

The firmness of your tyres can have an enormous impact on your fuel consumption. For example, Michelin warn that British motorists waste a huge £246 million a year driving on underinflated tyres. Not only does this result in your engine guzzling fuel, but it also increases your emissions.

Be sure to check your tyre pressure regularly and head straight to the forecourt if something looks off. Wheel alignment can also play a role in increasing fuel consumption. This can have the effect of compromising the smoothness of the ride, and forcing the engine to work overtime.

3. Don’t overaccelerate

While it’s tempting to speed up when taking off from a traffic light or give the speedometer a workout on the motorway, overaccelerating is one of the fastest ways to burn fuel. Smoother accelerations will keep your petrol consumption down. What’s more, your passengers will have a far more comfortable ride.

4. Carrying unnecessary weight

Do you wait a week before unpacking your car from a camping trip? Maybe you have a bad habit of carting around your golf clubs. Perhaps you continually forget to drop off that bag of books at the charity shop. Whatever your vice, extra weight translates to increased fuel consumption. Your engine has to work harder to move extra weight. As such, if your car is packed with unnecessary items it could be time for a cleanout.

5. Roof racks in the city

While roof racks can be incredibly useful on road trips, they do compromise the aerodynamism of your car. The extra bulk increases drag and forces the engine to work harder and burn more fuel. Furthermore, even empty roof racks can result in a 15% increase in fuel consumption. If your roof racks are easy enough to remove while not in use it could be worth putting them in storage.

Roof boxes are also something to watch, with data suggesting even when empty they can increase fuel consumption by up to 25%. Again, they’re great when you’re travelling long distances and need extra storage space. Conversely, for everyday journeys, they’re obsolete and should be removed if possible.

6. Upgrade to an eco-friendly vehicle

Cutting down on idling, checking your tyre pressure, avoiding over acceleration, clearing out your car and taking off your roof racks can all help to save petrol. But nothing compares to the benefits of a fuel-efficient car. For example, the Peugeot 208 is one of the most efficient internal combustion powered vehicles available in the UK, offering impressive fuel economy of 73.6mpg.

Of course, EVs are the ultimate petrol saving solution. With an electric engine you’ll eliminate the need to fill up at the forecourt entirely. Instead, models like the Nissan Leaf and Tesla Model 3 plug into power outlets and take you from A to B with zero fossil fuels.

Make the switch a little easier

Thinking of upgrading to a more fuel-efficient car? At My Car Credit we’re experts in all things finance. Whether you’re looking to purchase a brand-new luxury SUV or a second-hand hybrid hatchback, we offer tailored car finance solutions, from those with a flawless credit history to car finance with poor credit.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

What Does ‘Finance’ Mean When Buying a Car?

Is there such a thing as guaranteed car finance?

No Deposit Car Finance – How Does it Work?

Loan amount

£

Repayment term

My credit rating

X monthly repayments of
^£X

Typical rate

Loan amount

Total payable

X% APR*

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

or call 01246 458 810

budget petrol prices saving money

There are many factors that impact the cost of a used vehicle. With mileage amongst the most important, we question how much a used car is worth with low mileage.

What is car mileage and why does it matter?

How does mileage impact a car’s selling price?

Are there any downsides to a low mileage vehicle?

Financing your car

Rates from 9.9% APR. Representative APR 10.9%

Related articles

Excellent

Good

Fair

Poor

Bad

Require more help?

The past few years have seen demand for used cars soar, with the latest figures from Auto Trader revealing the average cost of preowned vehicles climbed by more than 30% compared to 2020 figures. Currently, British motorists are looking at price tags of approximately £17,800 for used vehicles.

Global semiconductor chip shortages

The EV market is growing

Used cars offer great value for money

When will used car prices drop?

Rates from 9.9% APR. Representative APR 10.9%

Related articles

Excellent

Good

Fair

Poor

Bad

Require more help?

Whether you’ve always been a keen motorhead or you just want to get familiar with a particular car prior to taking your test, there are various reasons why learner drivers might want to buy a car before they’ve passed.

Can you buy a car with a UK provisional licence?

What car should you buy?

Why buy a car when you can’t yet drive?

Your first car after passing

Rates from 9.9% APR. Representative APR 10.9%

Related articles

Excellent

Good

Fair

Poor

Bad

Require more help?

With more than 400 branches across the UK, We Buy Any Car is one of the biggest and most recognised auto dealerships in the country. Headquartered in Surrey, the industry giant employees more than 700 people and prides itself on quick and easy service.

We Buy Any Car: The Basics

Selling Vehicles through Dealerships, Car Supermarkets and Auction Houses

The pros of We Buy Any Car

The cons of We Buy Any Car

Buying from We Buy Any Car

Get Your Dream Car Financed With My Car Credit

Rates from 9.9% APR. Representative APR 10.9%

Related articles

Excellent

Good

Fair

Poor

Bad

Require more help?

1. Hide ALL valuables

2. Lock your car

3. Install a vehicle tracker

4. Use a steering wheel lock

5. Use public transport in London

6. Park in a well-lit area

7. Install anti-theft number plate screws

8. Hide your keys at home

9. Avoid Range Rovers and Land Rovers

10. Upgrade to a newer model

Keep your car secure by upgrading today

Rates from 9.9% APR. Representative APR 10.9%

Related articles

Excellent

Good

Fair

Poor

Bad

Require more help?

Vauxhall Corsa – Best for 2021

Nissan Leaf – Best electric small automatic car

Toyota Yaris – Best hybrid

Audi A1 Sportback – Best for luxury

Peugeot 208 – Best for fuel-efficiency

Volkswagen Golf – Best family-friendly small automatic car

Ford Fiesta – Best all-rounder