The Best Car Finance Blog In The World

Image via Wikipedia

Most employers and employees know that there is a tax and NI free allowance payable of 45 pence per mile when an employee uses his own car for work. This applies to the first 10,000 business miles per annum, after that it drops to 25 pence per mile. If the employer only actually pays 20 pence per mile the employee can claim the difference (25 pence Read more »

I’ve warned about this before but if you are an employer and you have staff who drive their own vehicles on company business you have a responsibility to ensure that the employee is properly insured. Research by Trimble MRM found that more than half of those driving, what are termed, ‘grey fleet’ cars, are not properly insured. This leaves the Read more »

What’s my car worth? I’m often asked this question by drivers who have the option to buy the car that they have been driving for the last 2 or 3 years from the leasing company. I have to say there is no definitive answer, to think that you can simply open a book, check the model and year, adjust the value for a higher or lower mileage than average mileage Read more »

I reported recently on clocking, it would seem that others are reading my blogs as the Office of Fair Trading has issued a report that reveals there are more than 50 firms in the UK selling mileage correction (clocking) services. As a result they have called on the Government to act and close the loophole that enables these companies to quite legally reset a Read more »

You know I like to search out great deals for my customers and boy have I found a real Bobby Dazzler for you!! How would you like a car which comes with a free servicing package? Not for just 3 years or even 5 years but 7 years. That’s right, a whole 7 years. Before you look for the Vauxhall style lifetime warranty catch, ie. restricted to 100,000 miles Read more »

When choosing a new car there are a few things you should take into account when deciding upon the spec. of the car. As What Car ran a feature this month on this subject I thought I’d give my own twist on this hairy subject. Obviously if you are going to own the car it becomes more critical because if you choose badly it can be an expensive mistake albeit Read more »

A Fleet News survey has shocked many involved in the leasing industry but confirms my long held views that end of lease charges have been spiraling out of control. And this is just the tip of the iceberg because the survey has been carried out amongst the larger fleets only, the companies valued by the lessors and invariably looked after. When questioned the customers have complained that they have received recharges for stone chips and minor scuffs, the sort of damage that had been previously Read more »

From the middle of 2011 all new cars must have tyre pressure monitor systems fitted as standard. No clear indication has been given as to what the systems must consist of but currently there are systems that monitor each individual tyre with a display showing any drop in pressure down to the most basic which sounds a warning buzzer if the tyre pressure drops on any individual tyre, you then have to check them all – not a bad thing! Of course this will add a cost to the car but it could help to save fuel and even a life. By Graham Hill

Related articles by Zemanta

• Five Tips To Increase Fuel Mileage (brainz.org)

What is the benefit in kind tax position of an employee who is provided with a hire car? I could go into lots of detail as it depends on whether the employee has a company car provided and whether he has it for 30 days continuously. Whether the car is better or worse than his company car and if it’s not to replace a company car then how much of the mileage is private! Oh this is so boring, If you really want to know look it up on Google or something! I’ll just move on before I bore myself to death! By Graham Hill