Monday, 17. August 2009
I mentioned in recent items the move in the industry from 3 rentals in advance to 6 rentals when contract hiring vehicles, suggesting that this could be as a result of lenders requiring more security by taking larger upfront payments. It has now come to light that this is more likely to be the case and 6 advanced rentals likely to become Read more »
Saturday, 8. November 2008
The ‘recession/credit crunch’ is already cutting fairly deeply and now is a time to think very carefully about the financing of your next car. Not only should you take care over the type of finance that you use but you should also take care over the supplier. In the last week I have heard of three dealer groups that have gone, locally we lost Sidlow, mainly VW, Audi, Seat and Alpha as well as Barkers Citroen and another VW Audi dealer, Dane. This has been bad news for those who paid deposits and initial rentals to these companies, Read more »