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I have to say that my enquiry levels are up a little at a time when I normally expect them to be dropping off as we find ourselves in the midst of the holiday period. I must have had a million ‘out of office’ bouncebacks following deal of the week last week so it isn’t the fact that many aren’t taking holidays so maybe it is that shard of light we’ve all been waiting for, moving us up from a glimmer of light.

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.

OK I lied about the number of bouncebacks, maybe a million is a bit of an over estimate but the point is the same. I then read that July saw the fastest growth in the service sector since late 2006.

Markit/CIPS Purchasing Managers’ index for the UK Service Sector climbed to its highest since December 2006. Underlying demand was stronger with market conditions improving both home and abroad.

They pointed to good weather and a pick up in the housing market as reasons why the upward trend continued. New business growth lead to an increase in backlogs with the highest backlog of work reported since February 2000.

July’s survey marked the 7^th month of growth and with payroll numbers increasing also the panellists suggested there are plenty of reasons to start feeling a little more optimistic about the future as businesses start to make longer term plans. Hear hear to that one!

Related articles

• Growth of services sector bodes well for economy (thetimes.co.uk)

Call me old fashioned but I still find it amazing how easily individuals part with their personal details to companies they know nothing about. I write about this time and again and still people are dopey enough to part with every piece of information a crook needs to open a bank account in your name or take out a credit card.

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.

If I wanted details from a number of high net worth individuals I would offer a great car deal on say a BMW X5 or M3, either car for say £299 + VAT per month. Absolutely impossible to get to those figures. I would then set up a dummy web site and wait for the enquiries to flood in.

I would have a very believable person answering the phone explaining how the boss has committed to a number of cars in order to achieve the very low rates on offer, all we need to do is take a finance application from them and away we go.

I would ask for some proofs such as a copy of a driving licence and passport along with a few bills and for good measure a copy of the front and back of a credit card. Oh and by the way last 3 months bank statements wouldn’t go amiss when applying for credit!

It would be that simple as people are greedy, they want everything on the cheap and that is what the crooks rely upon. Oh and by the way the scenario I described isn’t far fetched, it actually happened!

This leads me to the latest figures released by fraud prevention service, CIFAS. In the first 5 months of this year nearly 60,000 people were victims of identity fraud. There were more than 46,000 cases of impersonation over the period where fraudsters used individual identities to open new accounts.

They also showed that more than 13,500 were victims of ‘takeover’ when an existing account is broken into and hijacked. Around 96,000 confirmed frauds were reported to CIFAS in the first 5 months of this year.

By the way the identity theft I referred to earlier was on BMW X5’s, the same company carried out the same fraud when advertising Vauxhall Astras at well under the market rate, so you don’t have to be a high net worth individual.

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• European Study Reveals ID Fraud To Be Rife In UK (misco.co.uk)

Tonight those lovely old ladies that present the BBC 1 programme called Rip Off Britain had a piece about Log Book Loans. In most respects, contrary to my usual complaints about the press and consumer programmes, it was surprisingly accurate but it missed a few very key pieces of information.

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.

First of all Log Book Loans, as pointed out in the programme, are what are known as Bills of Sale, regulated not by the Consumer Credit Act but The Bill of Sales Act 1878 and the amendment act of 1882. This Victorian act was created in the days when rights were with the lender, not with the borrower, as they are today.

A loan is secured against a car at a high APR, normally around 300% – 400%. In a case highlighted a lady had a recovery company call late at night to recover a car which they said had money owed on it on a Log Book Loan. The collection at a late hour was questionable but in a panic the lady handed over the keys and having already bought the car in good faith was later told that she would have to settle the outstanding finance if she wanted the car back.

The fact is that the finance company was acting within the law. In fact contrary to much of the rubbish written on the Internet, on various consumer sites, by people who have no knowledge of the law, they don’t even need a court order, which is the case once you have paid off a third of the debt on HP.

They can even enter your property, break down the doors of your garage and remove the vehicle. Unless of course, as one very smart chap suggested on a famous consumer blog, you remove the battery and two of the wheels! Nice idea unless you actually bought the car to drive – you dope!

The strange thing is that in 2010 the Government carried out a review of the act and amazingly did nothing to it leaving ‘innocent buyers’ in the cold. If you buy a car on HP or PCP, i.e. a loan secured against the car, and you buy the car not knowing that the car had finance secured against it, having asked the owner, title still passes to you as an ‘innocent buyer’.

So until log book loans raised their ugly head you didn’t need to fork out for an HPI check that tells you if finance is secured upon the car. The HPI guarantee covers you up to £30,000 against losses as a result of the finance not being recorded.

This was in fact a bit of a sleight of hand because as a consumer you were covered up to £30,000 under the Consumer Credit Act anyway so when the debt collector comes calling for the £15,000 worth of finance outstanding on the car you bought and HPI save you this money they simply phone the HP company and explain that you were an innocent buyer and the finance company, in most instances, will simply go walkies. But now that you have log book loans recorded also we are in a different ball game.

It is now worth paying for an HPI check (the full online check) if you are to protect yourself against the fraudulent selling of a car to you that has a log book loan secured upon it. What they didn’t make at all clear in the programme was that you should never simply hand over keys to anyone who turns up at your door with a piece of paper, that could be a forgery, saying they are the owners of the car.

And if the paperwork does not mention ‘bill of sale’ then the chances are that they are trying to recover a car that was on HP or PCP and as long as you don’t hand anything over you will be considered as an innocent buyer of the car and entitled to keep it. Once you forfeit the car you give up your rights.

Remember, if you feel at all intimidated call the police. I award 8 out of 10 to the kindly ladies of Rip Off Britain.

For years my blog, www.thebestcarfinanceblog.co.uk has remained at number 1 on Google. Search Car Finance Blog and you will find my blog at number 1 out of 342 million (as of today, 5th August 2013). This is no mean achievement but it must say something about the quality and quantity of information that I post.

Even after being off line for several months whilst recovering from a hip operation I still remained at number 1. My next target is to take my book, Car Finance – A Simple Guide to number 1 in the best selling finance book list on Amazon. So if you would like to help and gain some insight into car finance please click the link below to get yourself a copy. You can buy the book as a downloadable Kindle or an old fashioned paperback book. Best wishes Graham Hill

English: Google Logo officially released on May 2010 (Photo credit: Wikipedia)

Are Ya Thirsty (Photo credit: Roy Montgomery)

As the weather continues to keep us in our shorts and the ice cream salesmen wring their hands with glee how are you keeping your drinks and food cool when taking the family to the beach or the park. The latest range of cool boxes allow you to keep everything cool whilst in the car via the car’s electrics. You can normally plug the unit into the mains then when you get into the car plug it into one of the auxiliary outlets in the back of the car or in the boot. These types of cool boxes don’t come cheap but could save a fortune in cold drinks when out. Auto Express have tested the best of the bunch and found that the Campingaz PowerBox 28L Deluxe priced at £89.95 to be the best. The capacity was good and the design of the inside made it one of the best to store cans and food. It also had a neat battery monitor in the plug. In second place and recommended came the Sealey 22L Cool Bag 12v. More of a bag than box it has non chilled pockets for items you don’t want cooled, maybe fruit and utensils. Priced at £50.34 it was good value albeit smaller than the winner. 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. Don’t forget that with these units they are not refrigerators, they take time to cool so would benefit if the food and drink you put into the box is chilled already. Having said that the Rolls Royce of those tested, the Waeco Tropicool TC-21 will cool much lower than others and it ca also be used to heat. Good use of the 21 litres capacity made it a favourite of the judges. The cost is £169. Finally if there is a large group of you then you may want to consider the 40 litre Halfords Electric Coolbox. Because of its size it is fitted with wheels and a nice feature was the ability to set the level of temperature reduction. There is no power light or switch and at £129.99 it was expensive although, at the time of writing, there was a promotion on reducing the price to £79.99, that’s more like it.

Bits & Pieces: Boris has set up a task force in London to carry out road improvements. A budget of £30 million was announced by the task force when they unveiled their plans which included more 20mph zones, proposals to improve cycling routes plus more travel at off-peak times.

If you’re reading this Boris I don’t suppose you could bung a few quid in the direction of West Sussex in order to fill a few bloody potholes could you? I’ll take that as a no then!

According to Home Secretary, William Hague, foreign diplomats and embassies owe more than £68.6 million in unpaid parking fines, congestion charges and business rates. Apparently the biggest culprits are the Americans, with unpaid fines of £7.2 million. I have to say William – your debt collection is shit! If you need a hand I know a couple of gentlemen that know their way around a baseball bat if you get my drift.

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.

Ever had a row with your neighbour? If you have it is most likely to have been about parking, as according to the AA (not the group who like a drink or two) fall outs between neighbours, in the majority of cases, are over parking.

In a third of all quarrels investigated they turned out to be over a blocked access or driveway or parking outside a neighbour’s home. For goodness sake sort your lives out! Good grief! Do you have a little receptacle in your car into which you drop your loose change for use when parking?

If you don’t, you should! It would seem that a staggering £1.3 billion is wasted every year by drivers who don’t have the correct money when they pay for parking at the pay and display ticket machines.

The study, carried out by Direct Line, found that drivers overpaid on average by £2.19 per week or £113 wasted each year. All for the sake of throwing your loose change in a pot in the car!

Department for Transport (Photo credit: Wikipedia)

An issue that gets talked about a lot without a lot of perceived action is driving whilst under the influence of drugs, both illegal and prescription. Yet again the Government has announced a crackdown (excuse the pun) on those driving whilst under the influence of drugs.

The new rules will make it easier for the police to prosecute and target eight drugs including cocaine and cannabis as well as some drugs used in medicines. However, in the case of the latter the levels will be set sufficiently high so that people using them legitimately won’t get caught.

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.

The Department for Transport believes the likely increase in enforcement could see the number of annual casualties drop by 6%. The rules do not allow the police to pull over a driver for a random test, as they can do with drink driving, so the driver must have committed a traffic offence before he can be stopped and tested.

Transport Minister, Stephen Hammond, said ‘Drug driving ruins lives, so we are proposing a zero tolerance approach with those who drive under the influence of illegal drugs.’

Related articles

• Press release: Tackling the menace of drug driving (gov.uk)
• Drug-driving proposals unveiled (bbc.co.uk)
• One spliff and you’re off the road: crackdown on drug driving (standard.co.uk)

Rear-facing infant car seat (Photo credit: Wikipedia)

I sometimes agree with rules that come out from the EU as an imposition upon our legal system. I have to say not often but today is one of those very rare days. Being a dad myself and having spent a fortune on car seats over the early years of my kids lives and still feeling that the seats were not adequate I welcome the new rules to be known as i-Size.

The current rules called ECE R44/04 mean children that weigh over 9kg can be put in a forward facing seat. But by basing the decision on the weight of the child could mean that some parents put children in front facing seats to early, as young as 9 months old.

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.

This could lead to some serious neck and back injuries in the event of an accident. The new rules will make it mandatory to keep children in rear facing seats until the age of 15 months which will make it easier for parents to select the right seat.

The new regulations will also require the seats to be tested more rigorously and will now also include a side impact test to provide more protection for the baby’s head in the event of an accident.

Whilst the new rules will gradually be phased in the old seats built to the current regulations can be used till 2018 when the current rules will cease and be replaced by i-Size. Anything that makes our children and grand children safer in cars has my support.

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• Car Finance Experts Car Loan 4U comments on UK youngsters at risk with 50% of car seats improperly installed (prweb.com)
• Seat law to change (stuff.co.nz)

Car Radio (Photo credit: nedrichards)

You know when you are on your computer and you start searching for holidays then by the magic of technology every time you open a page or carry out a search for something else you suddenly see holiday ads flash in front of you on the screen?

Well the same is about to happen on your radio. Instead of hearing general ads during programmes you will start to hear targeted ads.

Known as Aha Radio they say that instead of you hearing an ad for We Buy Any Car.Com you could hear we’ll buy your car for £8,900 based on your car being a 2007 BMW 320d with 80,000 miles on the clock, which of course is your car.

The new radio is in fact an Internet platform that will be bundled into infotainment systems in new cars from Porsche, Mazda and Ford so far. Their aim is to target the customers as they do on the Internet rather than scattergun.

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.

The ad breaks will be tailored based on the car you are driving, where you are going and where you are. For example it will detect that you are about to pass a branch of Starbucks and alert you to any deals going on at the time.

Safety experts might have something to say about this as it might prove to be a major distraction. A clever idea though. By Graham Hill Car Finance

English: 2011 Nissan Leaf electric car at the 2011 Washington Auto Show (Photo credit: Wikipedia)

Google led the way in the US by gaining permission to test their driverless cars on public roads. We are now about to follow suit with the Government giving permission for driverless cars to be tested on public roads in the UK, preferably somewhere in the North as I live in the Sarf.

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.

Researchers at Oxford University have been co-developing autonomous car tech with Nissan for some time and have already tested a prototype based on a Leaf (that’s their electric car not something hanging off a tree) on private roads and test tracks.

The announcement means that they will be able to carry out more extensive tests on quiet rural and suburban roads although to begin with they will have to test with a back-up driver as a safety precaution. By Graham Hill Car Finance

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• Report: UK to begin testing driverless cars in bid to ease congestion (autoblog.com)