The Best Car Finance Blog In The World

Still no money for motor finance. Back in March of this year the Automotive Assistance Programme (AAP) approved £2.3 billion of support to help, as ministers predicted, up to 100 companies through the crisis. To date not a penny has been paid out whilst those responsible for the pathetic scrappage scheme pat each other on the back. The provision of cheap wholesale money to lenders would get people back into new cars. In America, where they have similar problems and have staff looking into chat rooms and tweeting each other, it has been found Read more »

As car manufacturers continue to beat a path to the Chancellor’s door I ask myself what they are going to ask for? We already know that cars in the UK are overpriced so why not cut prices in order to stimulate sales. On the other hand, as Lord Mendelson has suggested, it is the funding that needs to be looked at in order to make it possible and affordable for the public and small businesses to drive new cars and Read more »

I’m confused! I could understand the bailout of the banks, we can’t allow the banking system to collapse. And whilst the VAT cut was never going to have a significant effect on the economy in terms of kick starting expenditure it was a small step in the right direction but why are the Government listening to the car manufacturers? Of course it’s terrible when people lose their jobs and making loyal and good workers redundant is one of the hardest things Read more »

Hands up all those who are aware that Land Rover and Jaguar are now owned by Indian motor manufacturer Tata? I thought as much, even though in a recent report the Times Online referred to the takeover as one of the highest profile Indian takeovers in the UK most people still believe that Land Rover and Jaguar are owned by Ford. As a result of the takeover just 9 months ago one could be expected to Read more »