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There have been a lot of hurrah’s and yippees as Ford have dropped their list prices by up to 12% on many models in their range. Obviously it passed everyone by that in fact they increased their prices by 15.1% last year when inflation was bouncing along at a little over 0%. In fact the actual increase imposed by Ford was higher than 15.1% as the increases took place in 4 chunks and I’ve disregarded the Read more �

Warnings have been issued regarding the screen resolution of your computer. Well not exactly the resolution itself but the affect that your screen resolution can have on the colour options shown on the manufacturer web sites. Customers, ordering new cars, have been choosing colours from the car manufacturer’s website only to be totally disappointed when the car has turned up looking several shades away from Read more �

There are two reasons why you should not procrastinate when you have found a great deal on a car that is in stock and for which you’ve been approved for finance. Firstly, whilst lenders don’t like to provide information regarding fraud, as it may alert the crooks out there as to how the latest frauds are working, fraud has increased, according to some insiders, at an alarming rate. As a result we are seeing Read more �

When Kelvin MacKenzie, the ex editor of the Sun newspaper, received an end of lease charge of £1,867.48 he was shocked and immediately tore into Mercedes Benz Finance through the columns of the Sun. In the same column he said, referring to the charge from the lender and following details of the charges, “as per the agreement (my fault I didn’t read it).” He didn’t read the agreement but he’s lambasting the lender Read more �

Leasing fell dramatically across Europe during 2009 according to Leaseurope, the trade association representing the European leasing and vehicle rental industries. New lease business was down by 28.4% last year compared to 2008, this represented the greatest fall since they started keeping records in 1994. My own view is that much of this was the result of manufacturers diverting money into scrappage whilst Read more �

I raised the issue of digital radios many weeks ago but a few commentators are now starting to pick up on the fact that there has been a change in legislation which will follow the introduction and adoption of The Digital Economy Bill. Amongst other directives it rules that radios will be digital from 2015. Now correct me if I’m wrong but that’s only 5 years away. So knowing that this was going to be the case Read more �

Finally got our price list out this week. There are a few deals starting to creep through but the manufacturers still have a way to go. Hopefully we will be following on the lead taken by the leasing companies in the US. They are launching some great incentives over there including no deposit and no first monthly payment (see last week’s blog). We are unlikely to see such aggressive pricing over here but hopefully the Read more �

As we know, we tend to follow behind America, whether it’s the weather, release of new technology, a recession, an economic recovery and so on. So I was pleased to read in the Wall Street Journal that the leasing industry is just taking off big style in the US with (surprisingly) Toyota leading the way with Honda following up offering incredible deals to move new cars with rates dropping lower than they were at the Read more �

‘I don’t mind what it is, I’m after something that does the job but doesn’t cost a lot per month.’ Quite a common request that I receive and so I have a bit of a rummage around and find a Kia on a really good deal or maybe a Hyundai or a Chevrolet. Suddenly the customer has become a bit more of a snob than even he thought he was but are we right to dismiss some of these makes? Martin Ward of CAP test drives cars all Read more �

Lease rates will have to increase for some of the larger ‘gas guzzlers’ as a result of the new showroom tax. However, there are some winners. If your new car spits out less than 130 g/km of carbon dioxides then you will pay no showroom tax and low road fund licence (car tax). The highest showroom tax is £950 for vehicles throwing out over 255 g/km of carbon dioxides. Aimed at discouraging large environmentally Read more �