The Best Car Finance Blog In The World

Fraud is on the increase as Internet and other car finance brokers find themselves up against it. Add this to the fact that people are now starting to realise that loans are not simply down to APR and leasing isn’t simply down to monthly rental. Take out finance and you have to sign a document locking you into many terms and conditions that you agree to by Read more »

On my soon to be released blog I talk about the way that the media misleads the public about, amongst other things, car finance. For some reason when it comes to anything vehicle related they put out reports that are poorly researched then draw conclusions that are either ill informed or simply inaccurate. This week we saw The Telegraph with headline news about the way that motorists are conned into Read more »

Apparently the use of hand held phones whilst driving has increased because of, wait for it, the recession! Yep, it’s true according to a survey carried out by ING Car Lease. Apparently more drivers who drive cars on business feel under pressure to receive and make calls when driving rather than miss important calls that may result in Read more »

Do you have a photo licence? If you do how long have you had it because if it is over or close to 10 years you will need to update the photo or face a fine of up to £1,000. In a poll carried out by Fleet News it was found that 24% of those questioned didn’t know that there was a requirement to renew the photograph, they thought it lasted as long as Read more »

I was sitting outside a dealership a few days ago and saw something happening that I felt I should bring to your attention. I’ve raised this before and told the full story in my book, An Insider Guide To Car Finance. In my book I explain that a friend of mine was working in the reception of a very large main dealer and told me about a practice that she had part witnessed and been told about by staff that absolutely amazed me. In her dealership they were Read more »

The test of a finance arrangement isn’t so much the cost or the APR but in the current climate, what happens when things go wrong. Most of my readers know my views on the heavy promotion of personal loans rather than dealer HP but another issue was mentioned to me this week that again shows why HP is far more beneficial than a personal loan. When you take out dealer HP it is what is known as a Read more »

a few people have been asking about new cars and when a new car is a new car. I have explained this in detail in my book, An Insider Guide To Car Finance, which can be bought and downloaded online. But to summarise, the car must not have been registered to anyone else before you receive it, not even to the dealer and it must not have an ‘unreasonable’ mileage on the clock, expressed in one court case to be no more than 500 although I find this excessive. The strange rule is that Read more »

Corporate Manslaughter has now become real with the announcement that the first trial, as a result of charges under the Corporate Manslaughter Act, will take place next February and should serve as a wake up call to businesses that think it could never happen to them. Cotswold Geotechnical Holdings have been charged for breaches of the Act along with breach of section 2 of the Health and Safety at Work Act following the death of junior geologist, Alexander Wright on 5^th September 2008. Wright was Read more »

We are hopefully seeing some green shoots of economic recovery in various parts of the world. In the UK we paid off more than we borrowed last month for the first time ever and house prices are starting to rise but company closures and redundancies are still running at a high level and will probably do so for some time as we bump along waiting for the sustained upsurge in the UK and world economy. This means that many more of the population will continue to Read more »

If you drive a diesel car you probably know that it is fitted with a particulate filter. It is there to remove the dangerous particulates from the emission gasses. Some believe that particulates cause more damage to the environment than CO2, hence the importance of having particulate filters fitted. But they are prone to clog up with the particulates, however, they are made to effectively self clean. It is important that you Read more »