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I’m not sure how useful this information is or what real conclusions can be drawn but I found it interesting so am passing it on. Under the Freedom of  Information Act the BBC obtained data regarding MOT failures and Business Car  analysed the figures to identify which cars had the highest pass rates and which cars had the highest fail rate. The statistics are based on 2004 registered cars that were MOT tested for the Read more »

Cleaning up your credit file has never been more important. Less money is available to lend which means that you really must make sure that you have no errors on your file and anything that can be corrected is corrected before you apply for finance. Even using a bad broker, who makes multiple applications to several finance companies, using your single finance application, can cause you to have your credit Read more »

Carsite, the online reseller of ex lease cars, has used their experience gained over the last few years to identify the top 10 contributors to a sharp intake of breath from the car dealer, when you part exchange your car, which results in much less being offered for you car than would have been otherwise. They have even suggested what the dealer is likely to knock off his offer as a result. Some things are damage items such Read more »

Following the bad weather there have been reports from all over the country that pot holes, some the size of a small cave, have opened up on not just minor and B roads but also on A roads. Even some motorways have some nasty craters on them as I experienced a few evenings ago on the M25. This is clearly the result of budget cuts and either Bodgit and co – road workers carrying out the work or those gentle folk that Read more »

I have been asked on many occasions what a DSG gearbox is. As the question came up in the latest edition of What Car I thought I’d cover it. The simple explanation is that unlike a fully automatic box which has no clutch, just a torque converter, a DSG or Direct Shift Gearbox is an automated manual box with two clutches. Whilst in one gear the next gear is effectively pre-selected which allows for much faster gear Read more »

Whilst this has little to do with vehicle finance I read with interest the way that Google withdrew from China as a result of the Chinese government hacking into Chinese user’s emails and other online information in order to control the way that its citizens think and act. I then read that Google have found a new way to monetize emails. Most of us are aware of adwords, these are the sponsored ads that appear when Read more »

Some people believe that when a ticket is issued with incorrect information, such as your name spelt incorrectly or the car registration transposed that you can avoid prosecution. I seem to recall when I was first driving that this was the case but these days it is more difficult to get away with a prosecution as a result of what a court would consider to be a clerical error. If you genuinely believe that you or your Read more »

The Government is planning to apply a £15 surcharge to fixed penalties. Known as a victim’s surcharge it is currently applied to more serious offences such as criminal damage or domestic violence and can only be handed out by the courts. It was introduced in 2007 as a way to contribute towards the victim support services. The recently announced plans will attach the surcharge to fixed penalties where the Read more »

As we know credit has been harder to arrange of late with some vehicle finance funders down to around a 20% acceptance rate. But if you foolishly believed that the situation would ease this year, considering the fact that bankers are again paying themselves some massive bonuses, you would be wrong! You see years ago credit card companies were credit card companies and leasing companies were either part Read more »

A few years ago I was a consultant to Yes Car Credit, a company that I hugely respected because, in many ways, they got it right! However, becoming the UK’s largest seller of used cars in about 4 years carried with it a number of problems that the UK press, as always, was eager to pounce upon. The company was selling nearly 50,000 cars per annum at the point of its demise and I would admit that the combination of Read more »