Car Finance

Published: April 24, 2020, 3:38 p.m.

On our programme last Saturday we looked at the new Financial Conduct Authority guidance for people with car finance who are struggling to pay it due to coronavirus. 80% of all private new car buyers take out finance at the dealership and there\u2019s \xa3110bn worth of debt outstanding. We get lots of questions from listeners about how car finance actually works so for this special podcast extra we\u2019ve got Stuart Masson, editor of thecarexpert.co.uk to explain. He\u2019ll also talk about the FCA guidance in more detail.

Reporter and Producer: Ben Carter