Parking, MOT’s and insurance

Private parking firms fines

Don’t believe their ‘fines’, they’re just invoices. Yet many will try to make you think they’re council tickets. If you do get a private ticket and you think it’s unfair, you can fight it. See the Martin Lewis fight unfair private parking tickets guide.

There’s no such thing as ‘monthly’ car insurance

It’s actually a hidden loan. Firms call it monthly insurance, but in fact they pay it upfront and you pay back a loan. The rates can be as high as 101% APR. Avoid if possible and pay annually.