The Best Car Finance Blog In The World

Today I have my book launched as a paperback on Amazon. This simple guide,  covering how to prepare for finance through the different methods, including personal loans and leasing. Finally it explains what you should do if anything goes wrong. It is written in the same way as I explain it, simple and straight forward. It won’t win literary awards but it will help you to drive a better car than you ever thought possible. In order to buy a copy please click below:

Any questions you may have please let me know and I’ll do my best to help. Graham Hill

It seems that lenders in the vehicle finance sector are becoming more anal in the way that they are transacting business, requiring more information than ever before when applications are made in company names and becoming very tough about complete information and proofs when it comes to personal applications. This has led to customers Read more »

We need a debate about this or a discussion about that, it’s all we seem to hear these days from the mouths of politicians. The banks aren’t lending – we need more sources of finance! This is the clarion call of the coalition but in truth it’s all around us, sources of finance I mean. We don’t need debates, discussions or more sources of finance it’s all Read more »

The credit system in the UK is in need of a really good shake up. Credit decisions seem to be made based on some very iffy information and totally illogical. Take two people doing similar jobs, earning the same amount of money who both apply for credit on similar cars. The first client has a perfect, unblemished record. He has a mortgage and a couple of Read more »

Whilst I hear many a complaint in the pubs and bars about the fact that you aren’t charged the half percent bank base rate interest when you take a loan or HP, most people understand the reason why. If lenders were to charge half a percent interest they would soon go bust as that wouldn’t cover the cost of the documents let alone all the other costs Read more »

Have you heard of log book loans? Do you know what they are? As more people find themselves out of work and desperate to raise some cash to pay bills or attend interviews they are looking at some of these grey areas of raising cash. There are of course the loan sharks that everyone should avoid but there is one area that seems to have an air of Read more »

I’m going to send out some training soon, much of which will address some important car finance issues. One of the main subjects is APR, what it is, how it works and why it’s a complete waste of time. I am on a mission to change the way we look at finance in the UK and why I think that it is important to change attitudes. To give a little taster APR is Read more »

Banks are lending less to leasing companies making life even more difficult for small businesses to secure funding. As of 31^st March 2011 lending to the leasing companies was down by 16% from £28.4 billions the previous year to £23.8 billions. Leasing is seen by many small businesses as an alternative way to fund their vehicles and equipment as Read more »

Image by Getty Images via @daylife

Well, I guess the big news of the week, and one I was waiting to break before sending out my deal of the week and updated blog, is the launch of Tesco Cars www.tescocars.com. I have been working as a consultant with Carsite, whose site has been updated to accommodate the new name and Tesco loans. The same procedure is being adopted by the new website as happened under the old scheme with car photos, HPI and inspection reports. The difference now is the addition of 2,000 clubcard points with every car Read more »

A few weeks ago I had a bet with an old friend of mine over one of the critical sectors that I believed had been omitted from the new EU Consumer Credit Directive (CCD) which came fully into force from 1^st February. The question was over Hire Purchase. I knew that the sister product, known as Conditional Sale, was included but it was my understanding that Hire Purchase was excluded and was therefore simply controlled, as it always has been, by our existing Consumer Credit Act. Confused? It gets Read more »