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Geoff

What is a balloon payment on car finance? Why call it a balloon payment? The official name of the ‘balloon payment’ is the Guaranteed Minimum Future Value (GMFV). However, that’s not very catchy, so most people call it the ‘balloon’ payment because of its large size! A balloon, also called the optional final payment is[…]

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A proposal from DVSA to improve the availability and processes of the UK driving test Sitting a driving test has to be one of the most nerve-wracking experiences – especially as a young person. Even decades after you’ve passed, having someone in the front seat judging your driving can be off-putting. On top of that,[…]

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Can I buy a car on finance with a provisional licence? Surprisingly, a key question amongst drivers holding a provisional licence is can a learner driver get car finance?  We propose to answer that question. Achieving your full driving licence can be challenging. Applying for car finance for your wheels when you haven’t passed your[…]

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Why get breakdown cover? Are you worried about being left stranded by the roadside after a car breakdown? Here is the Young Car Driver guide to the merits of getting breakdown cover. Why do you need breakdown cover? Motoring gets more and more expensive, so it’s not unreasonable for us to try and cut the[…]

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