Everyone loves the idea of sitting in the passenger seat as their car drives them to their destination. It’s like chauffeuring, but without the need to make small talk! Of course, it also sounds a little bit far-fetched.

Cars can’t drive themselves – yet, and people drive cars – for now. But whichever way you look at it, the future of domestic transport appears to be automated, especially after the ban on new petrol and diesel vehicles. So, when will self-driving cars be available?

They have been approved (sort of)

While a fully automated, self-driving vehicle may not be accessible to UK motorists, cars that allow drivers to take their hands off the wheel for extended periods were approved in April 2021. This is thanks to a technology called Automated Lane-Keeping Systems, or ALKS for short.

When ALKS software is activated, cars will automatically stay in their lanes up to speeds of 37mph. They can also brake if drivers don’t respond to a system alert within ten seconds.

But autopilot isn’t that close

However, self-driving as most people see it could be a long way off if the industry is anything to go by. Far from investing more money into the market, several of the early leaders have sold their automated divisions. For example, Woven Planet, a Toyota subsidiary, bought Lyft’s unit. Uber has flogged its self-driving section, too, with Aurora Innovation the buyers last December.

Tesla continues to be a great bastion of Level 5 autonomy though, so there is still hope of a breakthrough in the future. Currently, only shortcuts such as ALKS are ready to hit the market.

Bridge the gap with My Car Credit

Self-driving vehicles are not yet available, but when they are, we’ll be on hand to help with the finance side of things. Until then, you can bridge the gap by searching for a great deal for your next car with our expert help.

Whether you need a car finance poor credit deal or you want to know how APR works, we have the perfect tools. Contact us today to get the ball rolling on 01246 458 810 or enquiries@mycarcredit.co.uk.

Rates from 9.9% APR. Representative APR 11.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

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£

X monthly repayments of
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 11.9%, annual interest rate (fixed) 11.87%, 47 monthly payments of £194.81 followed by 1 payment of £204.81 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,860.88, total amount payable £9,360.88.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!