Car Loan 4U reveals London motorists look to avoid the congestion charge despite just less than half knowing where it applies

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New research commissioned by the UK’s number one online car finance specialist Car Loan 4U shows that almost 50% of London motorists don’t know where the congestion charge applies.

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44% of motorists don’t know the zones in central London where the congestion charge applies.

Tens of thousands of people drive through the congestion charge zone in central London every day, but new research commissioned by the UK’s number one online car finance specialist Car Loan 4U has revealed that a large percentage of London motorists try to avoid driving through the designated charging zones, despite the fact that almost half don’t know where the congestion charge applies.

The research*, which surveyed 2,000 motorists in London, reveals that as many as 59% always try to avoid driving through the congestion charge zones throughout the week, even though 44% of motorists don’t know the zones in central London where the congestion charge applies.

Despite the fact that the congestion charge was introduced as far back as February 2003 with the aim to help cut traffic levels and ease congestion on the roads, 87% of motorists believe that it doesn’t make it any easier to drive through London. Further to this, 94% believe that the congestion charge doesn’t help to cut down their journey time.

Other findings from the research show that only 42% know where and when they have to pay the charge and while the congestion charge runs 7am to 6pm Monday to Friday, 67% of drivers didn’t know the designated charge times.

When it comes to further knowledge of the congestion charge, 42% believe that the daily congestion charge is too expensive at £10, even though 64% didn't know the cost. Perhaps the most worrying of all though was that 84% don’t know that the penalty fine for not paying the congestion charge could be as much as £187.

Car Loan 4U Director Ryan Dignan comments: “Opinion has constantly been divided on the London congestion charge ever since it was introduced over 10 years ago.”

“Our research simply highlights that motorists don’t believe there is a great benefit towards helping to reduce congestion in the capital, which is probably why such a high percentage of people look to avoid driving through it during the week, even if not everyone is sure of the zones in London where it applies.”

“It’s also quite worrying that so many people in London don’t know how much the congestion charge is, the designated charging times or when and where to pay, especially when there is a risk of having to pay a large penalty fine.”

Car Loan 4U offers a wide range of car finance deals regardless of the customer’s history or circumstances to give a fast decision on loan applications for new and used cars, which can be underwritten, approved and paid in just 30 minutes.

  • Source: 2,000 London motorists in April 2013, Redshift Research

Notes to Editor:

Founded in 2006 by entrepreneurs Ryan Dignan and James Wilkinson, Car Loan 4U is the UK’s number one online car finance specialist.

Car Loan 4U offers a wide range of car finance deals regardless of the customer’s history or circumstances to give a fast decision on loan applications for new and used cars, which can be underwritten, approved and paid in just 30 minutes.

Based in Macclesfield and employing over 130 staff, Car Loan 4U works with a panel of leading UK finance companies including Barclays and Santander.

CL4U was officially named the 23rd fastest growing digital company in Europe at the 2013 Media Momentum Awards held in Stockholm on May 23rd.

In November 2012, Car Loan 4U Managing Director James Wilkinson was also named Entrepreneur of the Year at the JCI Manchester Young Talent Awards.

For further information, please visit http://www.carloan4u.co.uk.

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David Sargant
Carloan4U.co.uk
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