The Best Car Finance Blog In The World

I have to say that I have a fantastic relationship with my customers, many of whom rely upon my judgement, but one of the dangers I’ve had to face over the years, is when I attempt to get a customer into a great value car but the customer, who bases his decision on cost rather than the whole package, hasn’t had a test drive in the car, only to find that the driving position is Read more »

We keep hearing a lot about green issues and the need to improve our environment. The warnings are there, each year we see more extreme weather conditions that are blamed upon global warming but what are we actually doing about it in the cars we drive? Have I sold hundreds of hybrid cars? No. Have I seen a strong move from big gas guzzlers to city cars or even just mildly more modest cars? Read more »

Bad news! The dopey Chancellor has listened to all the anecdotal evidence and decided that the scrappage scheme should be extended, which has already helped nearly 300,000 people with old bangers to get into new cars, but done nothing to help ordinary people and small businesses that are struggling to finance their new car as the funders are running out of money. Whilst manufacturers continue to Read more »

 If you are a regular reader of my articles you will know that I don’t regard those expert advisors that write in the media about car finance very highly. In fact I regard most as being daft as a house brick. But whilst an article that appeared in the Independent didn’t really change my views there were a couple of points over which I had to agree, as painful as it was! The reporter suggested that the scrappage scheme cash may run out by mid October which is a feeling shared and hoped for by Read more »

First Hybrid cars that mix n match petrol power with battery power and now all electric cars, heavily supported by prime minister Mandleson, that will save the planet and will be the future, must have, green accessory! Oh no it won’t! Well not if the already frugal Citroen C1, modified by the Electric Car Corporation, continues to cover just 70 miles on a full battery and at a cost of £16,850, twice the cost of the standard petrol version. No way Jose? Having said that Read more »

Years ago when I first started providing contract hire we would provide terms that would include 3 rentals in advance followed by 21 payments, if a 2 year deal, or 33 payments if a 3 year deal. This meant that there were no payments in the last 2 months. As a result many customers would set aside the money that they would normally pay per month in preparation for the initial rental on the next contract. However, some brokers and lenders realised that if they spread all the payments over the 24 months or 36 months they could Read more »

Last week I attended Motor Finance Europe 2009, one of the most important events of the year with regard to identifying how the European motor industry and the finance sector in particular is coping with the downturn. So I packed a couple of bottles of Paracetamol in the briefcase along with a couple of razor blades as I was totally convinced that by lunchtime I would be feeling more than a little suicidal and Read more »

They say ‘it’ sends you blind – whatever ‘it’ is. But whatever ‘it’ is it seems to affect middle aged drivers as one in five drive their cars knowing that their eyesight is impaired according to the College of Optometrists. The study also revealed that 28% of these blind old duffers put off having a sight test for up to 6 months after noticing their eyesight had deteriorated and a startling 21% put it off for up to 5 years, probably because they can’t find their local Specsavers. ‘This attitude is extremely worrying’ said Dr Susan Blakeney, optometric adviser to the College of Optometrists. I agree. By Graham Hill

Trying to get more drivers off the roads and onto public transport won’t work if we continue to be charged ridiculous fares on the trains. A recent study revealed that UK rail travellers pay more than anywhere else in Europe. I bought a return ticket to London today and it cost just under £40 to take a round trip of about 70 miles, it’s ridiculous. By Graham Hill

Calls for a total mobile phone ban have come from safety experts following a landmark case. Lynne-Marie Howden, a director and head of sales at business consultancy Insights was found not guilty of causing death by dangerous driving. But she was found guilty of the lesser charge of careless driving which resulted in a 12 month ban and a fine of £2,000. Ms Howden was talking on her hands free phone to a works Read more »