Shadow chancellor Ed Balls has been ordered to pay more than £1,000 in fines and has had five points added to his licence.
The Morley and Outwood MP avoided a driving ban after appearing at Leeds Magistrates Court accused of failing to stop after a minor collision.
A district judge said the incident, in Morley, was "at the lower end of the scale of seriousness" and rejected the option of a total driving ban.
The former schools secretary touched the bumper of another car as he was moving out of a car park next to the Labour Unity Club, in Morley in April, causing minor damage.
He already had three points on his licence after he went through a red light in central London in 2012.
Mr Balls did not attend the hearing.