Clampdown on car finance commission 'to save drivers £165m' - MSE News

Former_MSE_Naomi

Motorists are predicted to save around £165 million a year under new proposals from the financial regulator to ban dealers from taking commission linked to the interest rate on car financing...

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'Clampdown on car finance commission 'to save drivers £165m''

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Car_54

£165,000,000 sounds a lot. But ...
In round terms, 10million cars are sold annually in the UK (2 millon new, 8 million used). If half of those involve credit, then the average customer may save about £30.

Forgive me if I don't get too excited.