The Best Car Finance Blog In The World

This year has been a bit of a struggle for many industry sectors but not so much for the motor industry. Following the scrappage scheme it was expected that the motor industry would contract and dealerships close, something I personally didn’t think would happen. In anticipation of a potential downturn the manufacturers started to scale down production in 2008/9, some would say too far, as virtually every new car drifted out to long delivery lead times as demand remained relatively high. This Read more »

The AA has revealed that we are seeing a North South divide open up when it comes to fuel. Apparently prices are rising faster in the south than in the north. Recent drops in oil prices should have resulted in pump prices dropping but the garages in the south seem reluctant to pass on the savings. The average price of a litre of petrol in the north is now 115.5 pence but in the south it’s 117.2 pence. The gap has opened Read more »

We have a bit of an exclusive from GHA Finance this week. I am often fighting with dealers and my quoting systems to get the keenest rates for my clients. But whilst we try to get the rates as low as possible customers see this as the only area where they can make cost savings when changing their cars. In fact this shouldn’t be the end of the journey, it should be the start. There are many things you can do to minimise your transport costs which we have discussed in the past such as:  Read more »

Even without the full increase in fuel duty we are seeing a constant increase in fuel cost. Petrol rose by 23% (21 pence per litre) last year whilst diesel increased by 13% (13 pence per litre) and we have already seen fuel increase by about 8 pence per litre this year. On average petrol increased every 2 weeks and as the increase was spread over the year it hasn’t led to serious discontent. But with fuel set to rise Read more »

With more cars being fitted with air conditioning it is worth remembering that it comes at a cost. When trundling along the motorway it can cost up to 10% more in fuel usage and sitting in a traffic jam this can rise to 20% so it makes sense not to drive around with the air conditioning on for the sake of it and certainly don’t, as a friend did a few days ago, Read more »

A recent conference sponsored by leasing company Lex suggested that drivers and all businesses should consider ways of saving money. They concluded, as I have already suggested, that finance is one important area of consideration along with vehicle choice, emissions limits, fuel policies and for fleets even drink and drugs policies. Nothing very new there then but the interesting debate was over fuel choice. The proposal was that diesel Read more »

Researchers from the University of Alabama have proven that every cloud has a silver lining. We are all moaning like mad about rocketing fuel costs but the researchers have claimed a direct correlation between increasing fuel costs and decreasing road deaths as people look to save fuel by driving slower or not driving at all. The study showed that if petrol remained at $4 a gallon or higher, for a year or more, traffic deaths would drop by 1,000 every month across the country. Co-Author Michael Morrisy said Read more »