The Best Car Finance Blog In The World

Following on from the warning about crooks a warning has been issued by the Finance & Leasing Association regarding another fraud that is on the increase. Bogus rental and lease companies are being set up that provide criminals with access to what appear to be legitimate insured and taxed vehicles. The vehicles are obtained fraudulently on finance then sublet with Read more »

Fraud is on the increase as Internet and other car finance brokers find themselves up against it. Add this to the fact that people are now starting to realise that loans are not simply down to APR and leasing isn’t simply down to monthly rental. Take out finance and you have to sign a document locking you into many terms and conditions that you agree to by Read more »

If you buy my book, An Insider Guide To Car Finance, you receive a free book on general hints, tips and safety. One of the things I cover is setting the headrest at the correct height. A very important piece of information as proven by recent research by Brake and Direct Line Car Insurance in which it was shown that 2 out of 3 drivers Read more »

On my soon to be released blog I talk about the way that the media misleads the public about, amongst other things, car finance. For some reason when it comes to anything vehicle related they put out reports that are poorly researched then draw conclusions that are either ill informed or simply inaccurate. This week we saw The Telegraph with headline news about the way that motorists are conned into Read more »

Apparently the use of hand held phones whilst driving has increased because of, wait for it, the recession! Yep, it’s true according to a survey carried out by ING Car Lease. Apparently more drivers who drive cars on business feel under pressure to receive and make calls when driving rather than miss important calls that may result in Read more »

Do you have a photo licence? If you do how long have you had it because if it is over or close to 10 years you will need to update the photo or face a fine of up to £1,000. In a poll carried out by Fleet News it was found that 24% of those questioned didn’t know that there was a requirement to renew the photograph, they thought it lasted as long as Read more »

Whilst on the subject of safety and collision avoidance, I’m often asked what certain expressions mean when I mention them in car specs that I send out in my video car deal of the week. So to help out here are a few quick summaries:

 ABS: Anti Lock Braking system, this prevents the wheels from locking under heavy braking. The disc pads grip the disc, then release then grip again but very fast thus preventing a skid and allowing the driver to steer whilst braking without skidding. It sounds like a machine gun when it operates.

EBD or EBFD: Electronic Brakeforce Distribution, this system varies the amount Read more »

If you are not aware of ESP or Electronic Stability Program (also known as ESC Electronic Stability Control) you must be new to my newsletter and never watched one of my new car videos. If you are aware of ESP you will know that I go on about it constantly because I truly believe that it should be fitted as standard on all cars now and not in a few years (2014) as has now been insisted upon by the EC. Around the world 1.4 million people die in Read more »

If you aren’t going to be sensible and take a car on lease through me don’t get conned by a dealer when negotiating the purchase price of a new car if you are specing it up with a pile of factory options. According to What Car, dealers receive exactly the same discounts from the manufacturer on the factory fitted options as they do on the car, so if your dealer is offering you Read more »

I was sitting outside a dealership a few days ago and saw something happening that I felt I should bring to your attention. I’ve raised this before and told the full story in my book, An Insider Guide To Car Finance. In my book I explain that a friend of mine was working in the reception of a very large main dealer and told me about a practice that she had part witnessed and been told about by staff that absolutely amazed me. In her dealership they were Read more »