Ed Balls has been ordered to pay more than £1,000 in fines and costs and has had five points put on his driving license after he admitted failing to stop after a minor road collision.
A district judge said the incident in the shadow chancellor's constituency of Morley and Outwood, West Yorkshire, was "at the lower end of the scale of seriousness".
The judge also rejected the option of a total driving ban.
Mr Balls hit the bumper of another car when he was moving out of a car park next to the Labour Unity Club, in Morley in April, causing minor damage.
The Labour politician already had three points on his license after going through a red light in central London in 2012.