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Money Box Live: Can you afford your car?

Money Box Live: Can you afford your car?

FromMoney Box


Money Box Live: Can you afford your car?

FromMoney Box

ratings:
Length:
28 minutes
Released:
May 15, 2024
Format:
Podcast episode

Description

This week car insurance bosses, appeared in front of MP's as part of an investigation into the cost of premiums.They're continuing to rise and according to price comparison site Compare the Market are up 46% over the last year, making the typical payment for comprehensive insurance £892 a year. Consumer group Which? say some insurers are charging 'eye-watering' APR rates on those spreading the cost over the course of 12 months.So, we put your questions and comments to the Association of British Insurers who tell us it's been a difficult year for the industry.But it's not just insurance, we're also looking at the cost of fuel, maintenance and of course alternatives to running a car altogether.To answer your questions and comments Felicity Hannah is joined by Rachel Burgess the editor of magazine Auto car and Stuart Masson from online publication, The Car Expert. Presenter: Felicity Hannah
Producer: Sarah Rogers
Editor: Jess QuayleThis episode was first broadcast on Wed 17th April 2024
Released:
May 15, 2024
Format:
Podcast episode

Titles in the series (100)

The latest news from the world of personal finance plus advice for those trying to make the most of their money.