Reports suggest that the Treasury is toying with the idea of a pay-per-mile car tax. This means you could be charged based on how much you drive rather than a fixed vehicle excise duty (VED).
The primary reason for this exciting development is the increase in second-hand stock available on the market.
The fear? That changes could slow down the growing shift towards greener transportation.
The APPG believes that the existing proposal doesn’t do enough for consumers
This development also includes a significant boost in rapid and ultra-rapid chargers, now totaling over 17,356.
This move comes as the total number of public chargers grew to 86,000 by September, marking an 18% rise from the previous year.
Recently, there's been a surge in dodgy text messages sliding into people's DMs, claiming they're entitled to compensation for mis-sold car finance agreements. We're talking big numbers, too!
This scheme relates to mis-sold car loans between 2007 and 2024, affecting around 14 million deals.
Major Car Finance Shake-Up: How It Affects You
If you've been thinking about getting a new car, now might be an opportune moment. As interest rates fall, borrowing becomes cheaper, offering favourable finance deals for those ready to purchase.
