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Bad news! The dopey Chancellor has listened to all the anecdotal evidence and decided that the scrappage scheme should be extended, which has already helped nearly 300,000 people with old bangers to get into new cars, but done nothing to help ordinary people and small businesses that are struggling to finance their new car as the funders are running out of money. Whilst manufacturers continue to Read more »

The test of a finance arrangement isn’t so much the cost or the APR but in the current climate, what happens when things go wrong. Most of my readers know my views on the heavy promotion of personal loans rather than dealer HP but another issue was mentioned to me this week that again shows why HP is far more beneficial than a personal loan. When you take out dealer HP it is what is known as a Read more »

Last week I attended Motor Finance Europe 2009, one of the most important events of the year with regard to identifying how the European motor industry and the finance sector in particular is coping with the downturn. So I packed a couple of bottles of Paracetamol in the briefcase along with a couple of razor blades as I was totally convinced that by lunchtime I would be feeling more than a little suicidal and Read more »

They say ‘it’ sends you blind – whatever ‘it’ is. But whatever ‘it’ is it seems to affect middle aged drivers as one in five drive their cars knowing that their eyesight is impaired according to the College of Optometrists. The study also revealed that 28% of these blind old duffers put off having a sight test for up to 6 months after noticing their eyesight had deteriorated and a startling 21% put it off for up to 5 years, probably because they can’t find their local Specsavers. ‘This attitude is extremely worrying’ said Dr Susan Blakeney, optometric adviser to the College of Optometrists. I agree. By Graham Hill

Trying to get more drivers off the roads and onto public transport won’t work if we continue to be charged ridiculous fares on the trains. A recent study revealed that UK rail travellers pay more than anywhere else in Europe. I bought a return ticket to London today and it cost just under £40 to take a round trip of about 70 miles, it’s ridiculous. By Graham Hill

Calls for a total mobile phone ban have come from safety experts following a landmark case. Lynne-Marie Howden, a director and head of sales at business consultancy Insights was found not guilty of causing death by dangerous driving. But she was found guilty of the lesser charge of careless driving which resulted in a 12 month ban and a fine of £2,000. Ms Howden was talking on her hands free phone to a works Read more »

If you are a business you need to be aware of the tax changes coming into force in April. I have been through this before but as we are now nearly there let me refresh your memory: 

• Cars with CO2 emissions of more than 160g/km will be written down at 10% on a reducing balance basis. Read more »

Cloning is still on the increase but what do you do if you suspect that your car may have had it’s number plate cloned or you are in fact suspicious about any part of the car you are about to buy, is the registration document correct (V5C) or is the MOT certificate genuine? There is a new organisation that has been set up to combat vehicle fraud called the Vehicle Safe Trading Advisory Group. You can get lots of information and help by visiting their website www.vstag.co.uk By Graham Hill

Hopefully as we move into spring we will see some warmer weather but following one of the coldest winters for years many local authorities now have the job of sorting out the damaged roads left behind. The increase in potholes has resulted in an increase of 13% in pothole related axle and suspension damage. Insurer Warranty Direct suggested that the repairs may be slow to fix with some roads being left as there is Read more »

Fuel prices seem to have settled for a while but concerns have been raised about the differential between petrol and diesel. In November 2007 the difference was 2.6 pence per litre. When the cost of a barrel of oil increased to $147 in July 2008 the price differential increased to 14 pence per litre. Whilst oil prices have dropped back to less than $50 per barrel the differential between the two fuels is still at 3 times the Read more »