Graham Hill, Car Finance Expert, Lifts Lid On Car Dealer Crooks

Thursday, 25. March 2010

The OFT has hit out at used car dealers, who they claim are letting customers down and not taking their legal responsibilities seriously. They are saying that more needs to be done to make customers aware of their legal rights and dealers aware of their legal responsibilities. Dealers are avoiding their responsibility to have vehicles checked prior to sale or to fix problems when pointed out by customers. Following a Read more »

Extending Leases Can Be Costly!

Monday, 1. March 2010

Hindsight is great isn’t it? We can identify exactly where we went wrong and occasionally where we went right! When the recession started to bite, many businesses and individuals, who were leasing their cars and due to change, decided to extend their leases. Not such a bad thing if the lease was only 2 years in the first place but many of those that extended from 3 years to 4 years have maybe regretted that decision. And Read more »

Reasons Why Cars Fail Their MOT’s

Thursday, 28. January 2010

I’m not sure how useful this information is or what real conclusions can be drawn but I found it interesting so am passing it on. Under the Freedom of  Information Act the BBC obtained data regarding MOT failures and Business Car  analysed the figures to identify which cars had the highest pass rates and which cars had the highest fail rate. The statistics are based on 2004 registered cars that were MOT tested for the Read more »

Part Exchange Disasters

Tuesday, 26. January 2010

Carsite, the online reseller of ex lease cars, has used their experience gained over the last few years to identify the top 10 contributors to a sharp intake of breath from the car dealer, when you part exchange your car, which results in much less being offered for you car than would have been otherwise. They have even suggested what the dealer is likely to knock off his offer as a result. Some things are damage items such Read more »

Proposed Changes To MOT Tests

Tuesday, 29. July 2008

Proposals have been made to re-schedule MOT tests. The first to take place after 4 years followed by biannual checks. As cars are built better and service intervals stretch out to 2 years or 20,000 miles it is felt that MOT tests are not required so frequently. However, the vehicle repairer’s association, MVRA, has objected strongly referring to ‘serious safety issues’ if the new proposals are adopted. I’ll keep you posted. By Graham Hill

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