Lease Industry Contracts As Takeovers Announced

Thursday, 4. August 2011

BMW Logo in Düsseldorf Hellerhof: Hans Branden...

Image via Wikipedia

Alphabet is the fleet management division of BMW and a company that I have criticised for using some somewhat dodgy PCP type schemes to avoid the full legal rights that a consumer would have within a traditional PCP type scheme. The latest news is that they are expanding by taking over ING Car Lease in order to expand as a multi brand Read more

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Delayed New Car Deliveries Cause Part Exchange Problems

Tuesday, 2. August 2011

Now here’s an interesting scenario. As I’ve widely reported over the last 18 months or so deliveries of new cars have become a nightmare. All too often the dealer has called and said that delivery has been delayed not just by a couple of weeks but in some cases months. In most cases we’ve been able to get around the problem by extending the current Read more

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Car Finance Fraud Encouraged By Lack Of Policing

Monday, 1. August 2011

Lamborghini Gallardo Spyder

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I travel quite a lot on the M25 and the M40 and see someone pulled over for speeding on nearly every trip, or should I say I used to. Just recently I have hardly seen any at all. I guess this must be as a result of Government cutbacks. It would also seem that fewer stolen cars are being found before being shipped out of the country because of Government Read more

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Graham Hill’s Famous Review Of A New Car Audi A8

Monday, 1. August 2011

Graham Hill’s review of a new car is the special edition V8 Audi R8. They are building just 100 to celebrate Audi’s all too frequent win at Le Mans. It has a 4.2 litre engine and comes with a titanium pain finish, so you won’t miss it. The car will also have a carbon package which includes carbon fibre side blades, door mirrors, inlays and door sill trims. 19” Read more

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Why Lease Rates Can Vary So Much On The Same Vehicle Pt 2

Wednesday, 27. July 2011

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

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Why Lease Rates Can Vary So Much On The Same Vehicle Pt 1

Tuesday, 26. July 2011

Insight Part 1: I’m often asked why there can be some incredible differences between the contract hire rental rates quoted by different companies advertising on the Internet. There is no simple answer to this question, in some respects it is not dissimilar to the answer that an insurance company would give as to why insurance premiums can be Read more

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Warranty Payout Refused? Check Your Legal Rights

Monday, 25. July 2011

This is now getting bloody monotonous! Every week I seem to read something about warranty claims that aren’t being honoured by the dealer or manufacturer because the claim has been made just outside the warranty period or mileage. Last week it was the Guardian, this week it’s What Car that have made the hairs on the back of my neck stand on end! Read more

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Experts Explain Why Low Lease Rates Should Be Avoided

Sunday, 24. July 2011

If you are a regular reader of my postings you know that I rage on about simply taking the cheapest lease rate. In a recent article in Fleet News I found that I wasn’t the only one holding these views, most of the leasing companies do also. In fact it seems that the reason why many large lessors have pulled out of the broker market is that they don’t Read more

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Graham Hill’s Famous Car Review Focuses On The New BMW 1 Series

Friday, 22. July 2011

BMW 118d (E87) Facelift

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My review this week isn’t some dopey supercar that no-one can afford and if you spurted away from traffic lights in it on full power would leave your small intestines still waiting at the lights. Nope it is a sensible car, the all new BMW 1 Series. It has been a popular car since its introduction because it enables bakers and other business owners who like Read more

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New Car Prices – We’re Back To Rip-Off Britain

Friday, 22. July 2011

Volkswagen Passat CC

Image via Wikipedia

I am often asked how the lease rates on some cars can be so low compared to the cost of the car? Take for example the deal we had last year on the VW Passat CC (their new 4 door coupe). If you had taken the car on a 2 year lease you would have paid the equivalent of 26 payments x £229.99 + VAT. That’s a total of £7,175 on a car that cost around Read more

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