The Best Car Finance Blog In The World

Having been in this industry for years there are few things that have caused me serious concern but the rapid growth in sophisticated car theft over the last few months is one of them. One leasing company won’t allow you to lease a Land Rover car without having a tracker fitted which can add quite a bit to the monthly rental.

Thinking of a change but unsure as to the best way to finance your car? Then you need a copy of my car finance book, Car Finance – A Simple Guide by Graham Hill. Click on the link below to buy the best car finance book on the market, available as a Kindle Book and Paper Back.

Thieves are even targeting vans now, not only for the money they can make on the van but also the goods or tools that are being carried around in the back. The latest high tech thefts are perpetrated by gangs using gadgets that reprogram the electronics controlling keyless entry and start systems.

There has been a lot of publicity around these thefts but few people know that the surge in thefts has come about as a result of a change in European legislation which countered anti-competitiveness by making it easier to obtain replacement keys and the ability to program them. Vehicles on the thieves radar are high end Audis, BMW’s Range Rovers and Ford Transit Vans.

Within hours of being stolen cars and vans are being exported in containers, either whole or in parts, abroad as far away as Africa. Manufacturers have been advised to look into this problem as a matter of urgency. Changes to the electronics have been called for as well as improved marking methods to identify stolen parts.

The warning came after BMW said that it had fixed a security flaw that allowed hackers to unlock the doors of up to 2.2 million Rolls-Royce, Mini and BMW vehicles. As a result the police have stepped up their anti theft operations. They launched Operation Endeavour which was a campaign against keyless car theft. Scotland Yard reported that they had made 84 arrests and an 800 strong team of officers from the Met, Kent, Essex, Hampshire, Surrey and Thames Valley seized 222 vehicles after monitoring 20 arterial roads.

In another operation a search at Felixstowe docks found 5 Range Rovers believed to have been stolen from Surrey, South Woodford and Islington in containers bound for Kenya. Hundreds of parts from a dozen BMW cars, stolen in East London, were headed for Cyprus. In order to hide the stolen parts they were stashed within a pile of motorbike parts.

The police believed that the car parts were to be forward shipped. The police and manufacturers are working on the problem but in the meantime the police are suggesting that drivers revert to 80’s technology by fixing highly visible steering and brake locks which may be enough to deter a crook from breaking in. From my point of view the law needs to be changed.

We allow people to sell the gadgets and others to buy freely online. The law only says that you must not use the equipment for illegal purposes. It should be illegal to sell or buy this equipment unless you are properly authorised to do so. Not to do this is ridiculous. By Graham Hill

Related articles

• The UK’s Top 10 Most Stolen Cars – BMW X5 Takes Pole Position for 6 Years Running (themotortradeclub.com)

As you know my car reviews are legendary due to the fact that the manufacturers stopped sending me cars to test drive many years ago, so I thought ‘sod ‘em’ I’ll say exactly what I think as I don’t have to suck up to them in order to have a car to drive for the weekend.

Thinking of a change but unsure as to the best way to finance your car? Then you need a copy of my car finance book, Car Finance – A Simple Guide by Graham Hill. Click on the link below to buy the best car finance book on the market, available as a Kindle Book and Paper Back.

Unfortunately, whilst not a big fan of 4WD cars, I have to say that I’m impressed with the soon to be launched Discovery Sport that replaces the somewhat leggy Freelander and brings the Discovery style into the 21^st century.

It will come with 7 seats as standard and has adopted some of the latest Range Rover Sport lines, still popular with drug dealers (I’m told), premier division football players (new), 1^st division football players (used) and accountants (new). For some strange reason Jaguar Land Rover have decided to fit the new car with an old engine whilst launching at the same time the Jaguar XE with the new Ingenium engine.

I understand that the new engine will find its way into the new car later next year so might be worth waiting. The car will come with 2WD and 4WD powered by the eD4 and SD4 engines via a 9 speed auto or 6 speed manual gearbox. Improved tech spec. and style will no doubt appeal to lovers of 4WD cars although I have to say that the leather seats look like venetian blinds and the headrests on the back 2 seats look dopey.

I wait with interest to see the replacement full sized Discoveries which currently remind me of a hearse! Sorry, I couldn’t help myself! By Graham Hill

Insight Part 2: Whilst I’m in the mood to expose some of the trade secrets that lay behind contract hire rates let me delve a little deeper into the area of vehicle pricing and depreciation. Fleet News recently reported some incredible increases in new car costs, mainly as a result of the exchange rate against the Euro. Since January 2008, according to Read more »

If you are a lover of 4 wheel drives now may be a good time to buy or lease one with rates and prices plummeting. You may find in the future a lack of choice and not for the reasons you may think. When the EU announced that all manufacturers in Europe were to be given CO2 targets across the whole of their production or face some substantial fines many of the manufacturers dismissed it and said Read more »