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If you are still one of those that likes to own a car but is worried by the loss in depreciation – if you are then don’t buy a Maybach 62 which is reported by trade valuers Parkers to have lost £128,899 during 2008. However, downsizing and demand for city cars has kept used prices of smaller cars high producing the lowest cash losses in 2008. You should therefore ditch the Maybach, Bentley or Aston and replace with one of the following: Read more »

Do you ever feel that you are banging your head against a brick wall? How many times did I say before Christmas that some of the deals that are available may never return so take them whilst you can. But no, obviously I was lying or simply trying to pull a few deals in to pay for my extravagant Christmas and New Year celebrations. The truth is that I wasn’t. There was a huge effort on the part of some manufacturers to Read more »

If you like to drive a prestige car and have thought that owning is a much better option consider the Bentley GT Coupe owner whose car is now depreciating at £500 more per week more than it did 12 months ago which means, according to trade newspaper Fleet News that it has depreciated by more than £67,000 in its first year, that’s a staggering 56% off its new price of £120,000. Who said that owning a car is the best option?? By Graham Hill

Mini takes the prize for the car that holds it’s value best according to EurotaxGlass. After 3 years travelling average mileage the Mini diesel retains 63.3% of it’s original value although this is down from its high of 71% in 2007. The worst performer was the Alfa 166 which at the end of 3 years with 37,000 miles on the clock is worth just 12% of its original cost. Amazing! By Graham Hill

Mercedes are set to launch Attention Assist in its new E Class next year. This new system will help drivers to combat tiredness whilst driving and will put Mercedes at the forefront of this new technology. They expect to have the new system available throughout its range over the next 2 to 3 years. The system uses highly sensitive sensors to detect patterns in Read more »

If you are a lover of 4 wheel drives now may be a good time to buy or lease one with rates and prices plummeting. You may find in the future a lack of choice and not for the reasons you may think. When the EU announced that all manufacturers in Europe were to be given CO2 targets across the whole of their production or face some substantial fines many of the manufacturers dismissed it and said Read more »

Looking for a reliable car has always meant that you must look in the direction of Japanese cars but following the annual survey carried out into company car reliability BMW has come out on top. The survey which sampled 881,000 vehicles leased by the top FN50 companies showed BMW to become the first ever non-Japanese company to top the reliability charts. Since the reliability charts were launched either Read more »

It is that time of year when safety organisations remind drivers to carry out safety checks to ensure that you don’t find yourself with a broken car or skidding out of control on icy roads. Make sure that you check your tyres and pressures and your brakes. You can have your battery condition checked for free at most battery fitters, better to replace before you get into the car on a frosty morning and find the battery dead. Check the Read more »

I mentioned the tax changes that will take place in April 2009 relating to company cars. However, some people are confused over the affects on leased cars whilst others still have concerns over their capital allowances after the changes have taken place. It would of course be wise to seek the advice of your accountant but in order to shed some light on a confusing situation – I hope this helps. First of all one thing will not change and that is the position with regard to ‘Low CO2 Emission Cars’. Whilst the threshold Read more »

After a damning report produced by Which magazine saying that the ‘super fuels’ did not save money, improve the car’s performance or improve the environment any more than standard fuels. BP stood by its claims of the benefits of it’s Ultimate fuels. It also criticised the fact that Which used only 3 mainstream models, a Ford Focus, Renault Megane and VW Golf. They said ‘It simply isn’t possible to obtain reliable comparison of the fuels based on Read more »