One of the most significant impacts of the chip shortage has been on the market for new cars. The shortage has stripped supply of new vehicles, with many consumers unable to purchase new vehicles. As such, sales of used vehicles have increased drastically. However, as the demand for used vehicles has increased, the price for used vehicles has also increased accordingly. All factors aside, the UK has a strong used car market, and there are millions of excellent used cars to choose from for competitive prices.
Serve and Protect CU is a trading name of Police Credit Union Limited, Guardians House, 2111 Coventry Road, Sheldon, Birmingham, B26 3EA. We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority & Prudential Regulation Authority under registration number 213306.
Police Credit Union Ltd. is a member of the Financial Services Compensation Scheme. This means a members savings are covered by the FSCS depositor guarantee scheme up to the value of £85,000. Under the Distance Marketing Directive, you have the right to cancel your savings account within 14 days of opening without financial or other penalty.
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