Road Toll Proposals Are Nuts

Saturday, 1. October 2011

Years ago I used to attend meetings hosted by the Finance and Leasing Association at which all sorts of issues were discussed regarding the finance industry with a special interest in fraud. Eventually they stopped inviting me, probably because I have a big mouth and am never frightened to open it. This doesn’t make me a lot of friends when I believe Read more »

Car Finance Fraud Encouraged By Lack Of Policing

Monday, 1. August 2011

Lamborghini Gallardo Spyder

Image via Wikipedia

I travel quite a lot on the M25 and the M40 and see someone pulled over for speeding on nearly every trip, or should I say I used to. Just recently I have hardly seen any at all. I guess this must be as a result of Government cutbacks. It would also seem that fewer stolen cars are being found before being shipped out of the country because of Government Read more »

Positive Signs In The Vehicle Leasing Market

Saturday, 12. March 2011

According the British Vehicle Rental and Leasing Association (BVRLA) we are about to see and increase in the number of banks re-entering the car finance market which would be great news for all. Although this optimism is not shared by all including me. I have seen some funding enter the vehicle finance sector, not from banks but from investment Read more »

Why The EU Consumer Credit Directive Is Pathetic!

Wednesday, 23. February 2011

It’s been a busy week this week, I attended a round table discussion hosted by Motor Finance, the journal of the industry and one for which I have written a regular column for many years. This was followed by the annual dinner of the Finance and Leasing Association (FLA), attended by 1400 guests, all movers and shakers in the finance and leasing industry. Recession – what recession? Anyway, going back to the round table, one of the main items on the agenda was the new EU Consumer Credit Read more »

BVRLA Warns Of Lease Crooks

Monday, 17. January 2011

After years of warnings in my newsletter and on my blog the British Vehicle Rental and Leasing Association (BVRLA) has acknowledged that there are crooks offering leasing online who con consumers and small businesses out of money. I have had countless letters and emails over the years from those that have leased vehicles saying that they have lost money by trusting online leasing providers who had great web sites and extremely friendly and helpful phone support. They certainly Read more »

Rising Demand For Car Finance With Less Money To Lend – A Disaster

Monday, 9. August 2010

With the banks currently announcing profits well beyond expectations the Government really needs to step in and start rattling their cages as they continue to lend to simply those that are safest but in many respects don’t need it as badly as those who have been struggling and whose credit history is less than perfect. I have never quite understood how someone (or company) who has experienced a problem and Read more »

Car Finance Experts Get It Badly Wrong Costing Customers Dearly

Tuesday, 4. May 2010

I am, without doubt, the leading expert in car finance in the UK. However, wherever you look there are ‘experts’ who will not fail to give bad advice. This seriously winds me up because it can cost people a lot of money and in some of the worst cases, their home. It’s bad enough when this bad advice is given by well meaning friends down the pub or an accountant who is really not specialist, as I am, in vehicle finance. Read more »

Graham Hill, Car Finance Expert, Reports Claims Regarding The Overcharging Of Lease Companies

Wednesday, 24. March 2010

Manheim, the large auction house and end of lease vehicle inspectors have identified over £12 million of end of lease damage charges over 90,000 inspections during 2009. 38% of the vehicles that were assessed had damage in excess of the British Vehicle Rental and Leasing Association fair wear and tear guidelines resulting in an average charge of £350 per vehicle, up by 14% on 2008. Some of this was blamed on Read more »

Graham Hill, Car Finance Expert Explains The Drop In Emissions Resulting From Scrappage

Sunday, 21. March 2010

It would seem that companies are more environmentally aware than private motorists. According to statistics issued last year, as part of Fleet News Intelligence Report, and more recently backed up by information from the British Vehicle Rental and Leasing Association (BVRLA), average CO2 emissions from cars put onto fleet leases dropped from 149.9g/km to 144 g/km following a drop of 9 percentage Read more »

Leasing Easier To Underwrite Than HP For Businesses

Wednesday, 3. March 2010

Small businesses are finding it more difficult to finance vehicles using their traditional and most popular methods of finance, HP, business loans and overdraft. It seems that more are now turning to leasing, according to Fleet News, as it is easier to arrange the finance, reduces the risk and spreads the funding around. Last year, according to the Finance and Leasing Association (FLA), financing new and used cars to Read more »