The Best Car Finance Blog In The World

Now here’s something you probably didn’t know about. We all know that if we are convicted of speeding and receive the automatic points on your licence you must declare that to your insurer immediately and suffer the increase in premium. Some insurers don’t increase the premium if it’s your first speeding fine but others do so check with your insurer. But here’s the thing, what happens if you are caught speeding, but as an alternative to a fine and points on your licence, you are given the Read more »

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 »

If you carry out a worldwide Google search you will find this blog, http://www.thebestcarfinanceblog.co.uk the number 1 in the world out of 76 million.

Statistics really get on my wick! Speaking to fleet owners and various lenders it is clear that there is less money to lend and businesses as well as consumers are finding it more difficult to finance vehicles. My own association, the NACFB has said that current lending by members is around £7 billion compared to £20 billion in the mid 2000’s. And yet banks and the lender’s association, the FLA say that they are lending more and that, according to FLA statistics their members are lending 16% more to Read more »

The gap is starting to open up between petrol and diesel at the pumps again, pushing drivers towards petrol cars. There is also continued concern that people that take diesels fitted with particulate filters, as all new diesel cars have to have fitted, do not understand that they need to run the car at over 50mph for at least 20 minutes in one session per month in order to create the chemical reaction that clears out the filter. If this isn’t done the filter clogs and needs to be replaced costing hundreds of 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 »

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 »

It’s turned out to be a pretty busy week following the launch of my new book, Graham Hill’s Simple Guide To Car Finance which I hope will get everyone driving a great car. Preparing for finance is vitally important at the moment as there is little money about to lend. So that tempting low APR or monthly lease rate, that gets you sending off your finance application, may lead to a decline if you are not totally Read more »