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We all know the expression ‘A little knowledge is a bad thing,’ and it couldn’t be more true at the moment in the area of car leasing. As small businesses and consumers look for ways to reduce their costs, car leasing is being discussed more and more, then armed with sketchy information many are embarking upon leasing without knowing exactly what they are getting into. This isn’t being helped by confusing and conflicting advertising on the Internet as well as some very strange promotions Read more »

What are the two most dangerous things that a motorist can do that could result in injury or death? Most people would assume this to be the two things that the government, media and safety organisations obsess over. Speeding and drink driving. We are about to be hit with a campaign regarding drink driving as we run up to Christmas and there seems to be a year round campaign to demonise those that speed. Read more »

I was talking to an insurance broker recently and he was explaining that because of the competitive nature of the comparison sites the insurance companies are doing everything to keep premiums as low as possible. One of the tricks they use, I reported a couple of weeks ago, has been to vastly increase charges and fees so that they don’t have to increase premiums, the other is of course to avoid payouts wherever Read more »

Research by licence checking company, CFC solutions, revealed that whilst there is a common held belief that young drivers and older drivers have more points on their licences than those in their middle age, it’s not as simple as that. The theory held good and younger and older drivers (17 – 25 & 65+) certainly do have a higher frequency of points on their licences but it was found that those in the 25-34 and 35-44 age groups, when they had points, they were more than in the other age groups. Read more »

I loved the story about those responsible for vehicle fleets attending the recent Fleet Van conference. These people are all responsible for making sure that drivers act lawfully and adhere to all areas of vehicle, driver and employee legislation. But whilst they were listening to the speakers, ATS Euromaster had nipped out to the car park with their tread gauges and checked all the vehicles. The attendees were then confronted by the fact that 9% of the vehicles were given Red Tyre warnings. This Read more »

My gadget of the week is a smart fob that transfers data onto your iPhone. It collects data from the car every time the driver switches off the engine, recording things like trip information, mpg, fuel level and tyre pressures. It also includes maintenance alerts and can even warn you if you leave a window open. If the driver then holds the fob next to the phone whilst running the app the information is transferred wirelessly Read more »

I recently reported that a large number of recalls don’t get the level of publicity that they should after Toyota took a beating over the brake recalls but were then found not to hold the record for the most numbers of single model cars being recalled this year. However it was put into perspective recently when Bentley had to recall 300 UK cars. The major concern affected Arnage, Azure and Brooklands models built Read more »

The Department for Transport has revealed the top ten reasons why people crash. The top reason was failure to look, accounting for more than a third of  all smashes. Failing to look properly was the reason for 38% of crashes but this differed in regions with this reason being cited in London for 57% of smashes but in the Midlands this dropped to 32%. Failing to judge other motorists speed was next followed by careless Read more »

Insurance premiums are being secretly increased by the application of admin fees according to research firm Defaqto. In 2004 the admin charge on an insurance policy was 2% of premium but that has now increased to 7% in 2010. The insurance industry, like the finance industry, has realised that people ignore the terms and conditions attached to contracts and simply focus on the lowest rate so they use stealth measures to increase the return without touching the premiums. Mike Powell, Read more »

The motor finance industry was to see a potential new broker association being formed that would concentrate on providing benefits to consumers and small business  operating predominantly in the retail sector. The NACFB (National Association of Commercial Finance Brokers) offered their support to any such initiative but when this came to my notice, as an ex director and president of the association, I saw a huge potential for the association and immediately got to work with the chief Read more »