The Best Car Finance Blog In The World

Have you ever driven the 27 miles of the M6 toll road? I did last year and it was an absolute delight. You zoom round without a care and every so often you catch a glimpse of the log jammed cars on the actual M6 thinking – suckers! So do I agree with the idea that tolls should be introduced wholesale across the country – no I bloody don’t. It took ages Read more »

There’s nothing nicer than to plant your bottom on a nice bit of soft leather. The feel and the smell is just wonderful – I’m sure you agree. Just me then eh! Anyway, if you like a bit of quality premium Nappa leather covering your seats you may be in for a bit of a shock soon with the increased cost of Nappa over standard, bum itching leather. It follows Read more »

If you drive too hard into a corner you will experience what is called ‘understeer’, you lose front end grip and the vehicle continues on instead of turning the corner. The problem here is that drivers will generally apply more lock, turn the steering wheel even more into the corner, it is a natural reaction. This actually makes the situation worse as Read more »

My gadget of the week is the latest solution to an old problem. It’s a fuel cap that prevents you from misfuelling a diesel car with petrol. The clever gadget replaces the standard filler cap and prevents the narrower petrol nozzle from entering the tank. The unit, called the Diesel Head is easy to fit, simply unscrew the factory fitted unit and place the Read more »

If you are about to buy a used car beware of Thurso in Scotland, as reported in AutoExpress. Apparently there has been a spike of scams in this area of the country according to vehicle finance and history checker, HPI. The scam isn’t new but it’s caught out several people because the scammers sound so believable. It involves a non existent car being Read more »

Image via Wikipedia

Renault have now launched details of their new electric car, the Fluence Z.E. It will be sold for £22,850 down to £17,850 after the £5,000 government incentive. However, the difference between the Nissan Leaf and the Renault is the fact that when you buy the Leaf you also buy the batteries, with the Renault you buy the car and lease the batteries. Read more »

What is wrong with car insurers? Lots as it goes but one of the headings I’d lop a few under is daft. Let’s take the case of bogus smashes. The ones we read about all the time, known now as ‘cash for crash’ incidents, whereby an accident is staged by drivers resulting in a fraudulent claim. Now if you found a fraudulent claim occurring at say a roundabout or Read more »

A few days ago I had a very interesting chat with a referred client. He had always obtained his cars from dealerships in the belief that this was the best way to do it. He had moved from HP to PCP as it removed the risk in the resale value of the car. His last two cars, funded on PCP, were simply handed back to the leasing company as they weren’t worth the Read more »

If someone does a particular job for a living and you need some advice related to the work he or she does would it not be a good idea to ask them for advice? For example if you weren’t sure how to record expenses in your books would you ask an accountant? Changing some taps in the bathroom, it might be a good idea to get some advice from a Read more »

Lots of lenders and brokers are starting to quote lease rentals based on 6 rentals in advance in order to make the monthly rentals appear low. It also helps with underwriting as the higher the initial rental, the lower the risk. However, I still try to stick with 3 rentals in advance which may make the monthly cost look high but it makes the initial rental Read more »