The Best Car Finance Blog In The World

And so the debate goes on regarding speed cameras. I first of all reported that many local authorities were switching them off as they could no longer afford to keep them operating. Then the public stepped in and complained that they were necessary if we are not to see a rise in deaths on the road, supported by safety bodies. So now it seems that some local authorities are willing to rent a Gatso for £5,000 per annum if local people want to keep particular cameras operating. When Oxfordshire Read more »

It would seem that magistrates have gone soft, as a result of the recession, if you have accidentally reached the automatic driving ban of 12 points on your licence. Some say this is wrong and that the ban should be automatically imposed, especially in extreme cases like the driver who was allowed to keep his licence even after he amassed 54 Read more »

Auto Express has launched a campaign to force manufacturers to disclose known problems with their cars. At the moment the manufacturers only have to make public known safety faults that are subject to recall. For all other problems, such as reliability issues, these do not have to be made public. The AA, RAC and Retail Motor Industry Federation have all joined with Auto Express to put pressure on manufacturers to make public their technical service bulletins – the documents that detail the Read more »

The dangers of using insurance comparison sites has been highlighted by incidents in which payouts could be avoided by the insurers because drivers have been confused by some of the questions that may have been handled differently and more clearly if an actual broker helped you to compete your application form. As most people know insurers have to be made aware of any modifications that have been fitted to the car. If the mods have not been declared the insurer could refuse payout in Read more »

Graham Hill’s new book, Graham Hill’s Simple Guide To Car Finance, get’s released through Press Box. Follow the link below:

http://www.pressbox.co.uk/detailed/Financial/INAPPROPRIATE_CAR_FINANCE_IS_COSTING_MILLIONS_EVERY_YEAR_547708.html

As the number one car finance blogger IN THE WORLD I will soon be launching a mission to make the important small print in contracts – BIG PRINT. As an example of what I mean I’m grateful to Auto Express. They highlighted the case of Zubin Morar who took out a Car Care Plan insurance policy to cover his tyres against accidental damage. Zubin from Middlesex has a BMW 530i and unfortunately hit a pothole in Read more »

Halfords owned Nationwide Autocentres has revealed the top ten 3 year old cars and 5 year old cars to pass the MOT amongst the UK’s best selling cars. This information is normally very hard to find so Halfords have pretty much broken ranks by revealing the information that I print out below: 

 

The figures were based on the top 10 selling cars during the year of manufacture according to Halfords. One or two surprises there I have to say but it would be interesting to see stats for all cars, not just the top sellers, now that would be revealing! Are you surprised by any of the figures, drop me a note? By Graham Hill

Related articles

• 2.6 million motorists would risk driving without an MOT (money.marksandspencer.com)

If you are a regular reader of my newsletter and blog you will recall that I announced that the Government was considering moving out the first MOT to 2 years and the annual MOT tests thereafter to be moved from annual to bi-annual as a result of pressure to do so by the EU. This has sparked some strong resistance from road safety groups. RoadSafe has said that the Government shouldn’t change the current Read more »

According to Experian, the credit reference agency, automotive fraud increased by 35% during the first half of 2010. 34 in every 10,000 applications were considered potentially criminal. The majority were recorded in the second quarter showing an upward trend. First party fraud overtook third party identity fraud during April to June as the most common type of attempted fraud. First party fraud is typically where individuals attempt to hide adverse credit history or misrepresent their employment status to try and secure credit and other Read more »

Beware of service intervals. As most people know service intervals have been extending and it’s not uncommon for cars to have 18,000 or 20,000 mile service intervals. If you are a low mileage user this could suggest that if you had a car for 3 years, covering around 6,000 or less miles per annum, you wouldn’t have to carry out a single service to retain the car’s warranty. But this is unlikely to be the case as most Read more »