Wednesday, 18. May 2011
You know I like to search out great deals for my customers and boy have I found a real Bobby Dazzler for you!! How would you like a car which comes with a free servicing package? Not for just 3 years or even 5 years but 7 years. That’s right, a whole 7 years. Before you look for the Vauxhall style lifetime warranty catch, ie. restricted to 100,000 miles Read more »
Monday, 16. May 2011
When choosing a new car there are a few things you should take into account when deciding upon the spec. of the car. As What Car ran a feature this month on this subject I thought I’d give my own twist on this hairy subject. Obviously if you are going to own the car it becomes more critical because if you choose badly it can be an expensive mistake albeit Read more »
Saturday, 14. May 2011
For those that are keen to learn about the latest developments in accounting rules applied to leases, you need to get out more! As an accountant myself I guess I’d better take a few lines to get you up to speed, I’m sure someone must be interested. The main change proposed by the two main accounting boards, the IASB and the FASB, is the recording of Read more »
Thursday, 21. April 2011
Image via Wikipedia
One of the smaller changes to the benefit in kind tax rules following the budget was the removal of the upper limit when applied to company run prestige cars. In the past there was a limit placed on the list price used when calculating personal benefit in kind tax of £80,000. This has now been removed so taking a Bentley Flying Spur as an example with Read more »
Sunday, 3. April 2011
Image by Getty Images via @daylife
Well, I guess the big news of the week, and one I was waiting to break before sending out my deal of the week and updated blog, is the launch of Tesco Cars www.tescocars.com. I have been working as a consultant with Carsite, whose site has been updated to accommodate the new name and Tesco loans. The same procedure is being adopted by the new website as happened under the old scheme with car photos, HPI and inspection reports. The difference now is the addition of 2,000 clubcard points with every car Read more »
Sunday, 20. March 2011
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If you are a woman driver expect your insurance premium to increase thanks to our Government. No I don’t mean the Cameron Clegg Coalition I mean our REAL rulers, the EU. The Court of Justice has ruled that charging drivers more because of their gender is wrong and considered discrimination. So charging men more than women was a practice that Read more »
Friday, 11. March 2011
Image by Getty Images via @daylife
Even though we know the Government is hell bent on converting us to electric cars I’m still not convinced. When it was announced that the Government was going to put £5,000 across the bonnet of electric cars to encourage drivers to buy them and Boris was going to put a free electric charging point in every parking bay making it the world’s leading Read more »
Wednesday, 9. March 2011
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Years ago when run flat tyres were introduced they seemed like a great idea but drivers were then told that they couldn’t mix up run flats with conventional tyres and you couldn’t get a puncture repaired. Once the tyre had been punctures, whilst the run flat would get you home the bad news was that you then needed to replace the tyre. However, I have found out that this isn’t necessarily the case. It was highlighted recently when a lady driver managed to get a nail in her run flat tyre fitted to a Read more »
Tuesday, 8. March 2011
A few weeks ago I had a bet with an old friend of mine over one of the critical sectors that I believed had been omitted from the new EU Consumer Credit Directive (CCD) which came fully into force from 1st February. The question was over Hire Purchase. I knew that the sister product, known as Conditional Sale, was included but it was my understanding that Hire Purchase was excluded and was therefore simply controlled, as it always has been, by our existing Consumer Credit Act. Confused? It gets Read more »
Sunday, 27. February 2011
Knowing what you are doing when it comes to car finance is so important. I know I bang on about it all the time but let me be quite clear if you guess and get it wrong it could end up costing you a fortune. In a recent edition of Auto Express a lady bought a 5 year old Mini Cooper S Convertible for £10,500 from a main dealer under the Cherished Car scheme. On her way home a warning light came on and the ABS cut in when it didn’t need to. Already a clear case of faulty goods. She returned to the Read more »