Leasing Companies Can Chase You 3 Years After The Return Of Your Car

Wednesday, 11. August 2010

A good friend of mine, Dick Appleby (he lives on the Wirral – that’s how desperate I am to have friends), wrote to me recently regarding a situation that has arisen regarding a Mercedes that was returned 3 years ago to Custom Fleet, part of GE Capital. Out of the blue he received a charge for the month and a few days that the car waited on his drive for them to collect. That’s right, the car went back about 3 years ago and Read more »

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Rising Demand For Car Finance With Less Money To Lend – A Disaster

Monday, 9. August 2010

With the banks currently announcing profits well beyond expectations the Government really needs to step in and start rattling their cages as they continue to lend to simply those that are safest but in many respects don’t need it as badly as those who have been struggling and whose credit history is less than perfect. I have never quite understood how someone (or company) who has experienced a problem and Read more »

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Government Must Support The New Electric Car Industry

Thursday, 29. July 2010

Worldwide Renewable energy, existing capacitie...
Image via Wikipedia

We all understand that we need to replace vehicles driven by fossil fuels with alternatives as we are running out, that’s a fact. The answer certainly seems to be electric vehicles as we can create electricity from natural renewable sources such as wind, light and sea movement so we can see the benefits of developing this technology. Something that was understood by the government when it was labour led who Read more »

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Drivers Told To Plan Earlier To Replace Lease Cars

Thursday, 29. July 2010

Whilst I’ve been warning about long lead times for months now the industry has warned those that lease their cars to make arrangements earlier to replace their cars as some leasing companies are proving to be very inflexible with regard to lease extensions unless you are replacing your current car with another of the same make, especially where a captive funder has been used. Worst at the moment are VW Read more »

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VAT Increase Benefits Leasing

Wednesday, 28. July 2010

There’s all sorts of confusion about the VAT increase from 17.5% to 20% next January. The increase affects vehicles in different ways. If, as a business, you buy a car outright you cannot claim back any VAT at all, there is a 100% block. Even if the car is a pool car and only available for use by employees for occasional personal use (and not necessarily used by them) the 100% block will be applied. Even if an employee Read more »

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After Last Winter – Big Increase In Demand For Winter Tyres

Monday, 26. July 2010

Another report I mentioned earlier this year spoke about the likely move by drivers to winter or cold weather tyres following the severe weather last winter. Well the move has already started according to ATS Euromaster. No I don’t mean drivers are already fitting winter tyres in the middle of the summer. Orders are already being placed by ATS for winter tyres to the tune of £3 million. They already have forward Read more »

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What Cars Top The Contract Hire Desire Lists

Wednesday, 21. July 2010

Internet searches for contract hire cars has show that German cars are the most popular amongst contract hire users with German cars accounting for 43% of all car searches since the start of 2009. I would say that great deals on Mercedes and Audi have helped this. By Graham Hill

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VAT Rate Rise Affects Leasing Company Rates And Profits

Sunday, 18. July 2010

 I know I feel like I’m banging my head against a brick wall when I explain to customers that they should never simply look for the lowest rate when it comes to leasing a car. Of course when you buy something for cash you will maybe look for the cheapest price. The car you pay cash for at a car supermarket will be the same as a car that you pay cash for at a main dealer (unless it’s a sub spec black market car). The car will Read more »

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Graham Hill Announces That UK Car Prices Are Still A Rip Off!

Thursday, 8. July 2010

What a bloody surprise! After hiking up their prices last year, no less than 4 times, which coincidentally coincided with the £1,000 manufacturer’s scrappage scheme contribution, Ford are now dropping their list prices by between 6% and 15% across their smaller cars from August, after all the pipeline scrappage orders have totally washed out of the system. No wonder the biggest benefactors were the Read more »

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Graham Hill Guide To Deciding On A New Car

Wednesday, 7. July 2010

One of the things that continues to amaze me is the lack of attention that some people pay to the new car they are about to order. Some of this is actually caused by me and my colleagues by occasionally coming up with a deal that you can’t refuse, making the decision a bit of a no brainer but it is still a good idea to get a test drive of a car that you are likely to order. It is also important to check for certain items that for Read more »

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