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 Contract hire is still by far the most popular method used to finance vehicles according to members of the British Vehicle Rental and Leasing Association. Contract hire of cars has remained pretty static over the last 5 years, consistently hovering around 1.3 million mark. LCV’s (vans) have dropped slightly over the years from 180,000 to 176,000. Contract purchase and personal contract purchase have both dipped over the last year. So it seems that businesses and consumers continue to understand the benefits of contract hire, long may it continue. By Graham Hill

 Now here’s an interesting piece of information (not that all I provide isn’t interesting), but have you ever been on the forecourt of a fuel station and the damned mobile has gone off which you have then sneakily answered or checked out the text message, believing to be out of vision of the person on the till? Then been screamed at through the pump loudspeaker for putting everyone’s life at risk and dying of embarrassment in the process. Yep, we’ve all been there. Well Texaco have launched Read more »

 Warnings have been issued, especially to companies who have a duty of care for those who drive on company business, about the new Government campaign to reduce the amount of drug-driving especially amongst younger drivers following research that shows 1 in 10 young male drivers admit to driving after taking illegal drugs. The £2.3 million campaign has been launched which will no doubt be complimented by increased police activity. Road safety charity Brake has also adopted the anti drink and drug driving theme for its Road Safety Week – Not A Drop, Not A Drag – taking place from November 23^rd – 29^th. By Graham Hill

One of the huge benefits to buying or leasing a new car is that you will be driving a car with all the latest safety equipment fitted. Even the most modest cars have more equipment than they had fitted even just 3 years ago. The most significant for me is the wider fitting of Electronic Stability Control (ESC) also known as ESP. This system has been proven to save more lives than ABS but isn’t mandatory until Read more »

 I am constantly banging on about the conmen out there anxious to take money from gullible customers seduced by low priced cars and low lease rates but it’s interesting to see that What Car has picked up on the problem also and warned its readers. Their first warning is to those buying a used car. You should take precautions against buying a cloned car. The first giveaway is 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 »

One of the effects of the recession is that apparently greenhouse emissions are substantially down as a result of cost savings and people traveling less miles in their cars and vans. Whilst this is great news for the environment and has helped to stabilize fuel prices it may also have a positive effect on the lease cost of cars on either contract hire or contract purchase. If you find that you are now traveling substantially fewer miles in your car you should Read more »

Following on from the warning about crooks a warning has been issued by the Finance & Leasing Association regarding another fraud that is on the increase. Bogus rental and lease companies are being set up that provide criminals with access to what appear to be legitimate insured and taxed vehicles. The vehicles are obtained fraudulently on finance then sublet with Read more »

Fraud is on the increase as Internet and other car finance brokers find themselves up against it. Add this to the fact that people are now starting to realise that loans are not simply down to APR and leasing isn’t simply down to monthly rental. Take out finance and you have to sign a document locking you into many terms and conditions that you agree to by Read more »

If you buy my book, An Insider Guide To Car Finance, you receive a free book on general hints, tips and safety. One of the things I cover is setting the headrest at the correct height. A very important piece of information as proven by recent research by Brake and Direct Line Car Insurance in which it was shown that 2 out of 3 drivers Read more »