The Best Car Finance Blog In The World

Have you heard of the Environmental Audit Committee? Me neither but they appear to be a group of nutty MP’s who probably drink soya milk and breed chickens. They certainly aren’t part of the real world as their report proves! They have this great idea that motorists should foot the bill for public transport. In turn this has outraged the Taxpayers’ Read more »

It would seem that we are getting very close to the time when, by far the biggest running cost, when it comes to cars, i.e. depreciation, is overtaken by the cost of fuel. CFC Solutions have made this claim looking at the way fuel prices are increasing compared to the cost of depreciation for the average 2.0litre upper medium petrol company car. It was in Read more »

As fuel prices continue to rise the Government is under continual pressure to shelve the fuel duty hike. In April the duty will rise from its current 59pence per litre by inflation plus 1p, estimated at 3 to 4 pence per litre. Diesel is already at an all time high and still rising without the duty hike, causing the AA, RAC, Auto Express, RMIF and others to call on the Government to put the brakes on. The RAC pointed out that there have been 8 tax rises applied to petrol over the last 2 years making the Read more »

The AA has revealed that we are seeing a North South divide open up when it comes to fuel. Apparently prices are rising faster in the south than in the north. Recent drops in oil prices should have resulted in pump prices dropping but the garages in the south seem reluctant to pass on the savings. The average price of a litre of petrol in the north is now 115.5 pence but in the south it’s 117.2 pence. The gap has opened Read more »

Well just as we started to rejoice in the steady fall in oil prices and the price war that started last week between the oil companies and the supermarket chains we suddenly saw a massive increase in the price of  crude oil of $25 a barrel on Monday. Now whilst there was an element of manipulation on the markets protecting traders on the futures market from over exposure it has still sent jitters throughout the car industry and concerned drivers (who heard about the rise). Strangely, this massive increase in Read more »

You couldn’t make this up. Apparently in the USA where fuel prices have rocketed to about 30p per litre, thefts of fast food fryer oil has run out of control. It is now being traded on the commodity markets at $2.50 a gallon. The oil can be turned into fuel for cars and trucks using a conversion kit. Recently, police arrested a man for stealing Read more »