Lease Company Amalgamations Reduce Competition And Increase Rates

Monday, 13. December 2010

Recently we have seen another couple of leasing companies amalgamate reducing the competition in the marketplace. This isn’t good news for the industry and it certainly isn’t good news for the customers as it continues to erode the competition. There are also fewer leasing companies dealing with brokers and the withdrawal of  consumer business by some, most notably Lombard, has resulted in a major contraction of the UK lease market and fewer great deals available. There has been an Read more »

What To Do If You Can’t Pay For Your Car

Monday, 6. December 2010

If you were to have some major surgery, I’m sure you would need to know that the person carrying out the work was a qualified and capable surgeon with a history of successful operations. If not you may end up a paraplegic or worse still not survive the operation, so I’d say that it was quite important to feel confident that you are using a professional who is good at his job. On the other hand you may have a faulty gas appliance and need a repair carried out. Who would you call in to carry out the Read more »

Used Car Motoring Costs More Than New Shocker!

Wednesday, 1. December 2010

Land Rover Discovery 3
Image via Wikipedia

Insurance and fuel duty increases have been blamed for the inflation busting increase of 6.3% announced by the RAC in their Cost of Motoring Index. The average cost has increased by £346 over last year’s cost taking it up to £6,000. Depreciation has also had an effect although some costs such as Vehicle Excise Duty (car tax) and car finance have dropped. The annual study assesses the running costs of 17 new cars from the Toyota Yaris to the Land Rover Discovery. Each model’s bills are weighted Read more »

Health And Safety Gone Mad

Tuesday, 30. November 2010

2010 Nissan 370Z photographed in Chantilly, Vi...
Image via Wikipedia

Nissan ad execs must have been chuckling to themselves when they came up with the theme for their sports cars, the 370Z and the GT-R. They decided to take on the Germans, poking fun at their acceleration speeds, pointing out that the Z was faster than Audi, BMW and Porsche rivals. The posters read ‘Deutschland Deutschland Uber Rated’ while a blurred Read more »

Putting Back Your Lease Decision Could Cost You Dearly

Monday, 29. November 2010

I have had a number of clients put back their lease decisions until later next year which is of course their prerogative. However, as I’ve been pointing out, doing this is a huge gamble. First of all it’s important to point out that we will never return to the good old days of lots of cars sitting around in dealerships and import centres waiting for manufacturers to Read more »

Frightening Drink Driving Statistics

Sunday, 28. November 2010

A Honda Accord which crashed into a small guar...
Image via Wikipedia

I know it’s a subject I talk about a lot but as we run up to Christmas I’m onto drink driving. It was shocking reading for the Government, about to launch their Christmas campaign, that one in four drivers admit to drink driving recently. The survey was carried out on behalf of insurer Quinn Direct but the real shock was that nearly 80% of under 24’s said they had never driven under the influence of alcohol whilst 25% of the over 55’s admitted to driving whilst over the limit. 31% of men admitted to Read more »

Can End Of Lease Payments Affect Your Credit?

Sunday, 28. November 2010

I had an interesting chat with a lawyer friend of mine a few days ago. He had returned a lease car at the end of the agreement and received a bill for the repair work that he was angry about for a few reasons. As far as he was concerned, the work was either unnecessary, as a result of fair wear and tear, or the charges were too high for the work required. Read more »

Graham Hill Slams BBC Over Misleading Programme

Saturday, 27. November 2010

LONDON, ENGLAND - MARCH 02:  A BBC logo adorns...
Image by Getty Images via @daylife

There was a programme on the BBC on Thursday 25th November called Rip-off Britain. In the first part a couple bought a used car that broke down within a few miles of driving it off the forecourt. This is clearly wrong and the buyer was entitled to his money back but it seemed that lack of assistance from Trading Standards meant that the buyer accepted what the dealer said and sold the car on at a loss. It’s a disgrace. The RMIF representative stated that there are 9 million used cars changing hands Read more »

MOT Fraud Still Happening As Fraudster Goes To Jail

Friday, 26. November 2010

The blue 'three triangles' logo, which station...
Image via Wikipedia

I’ve been in this industry long enough to know that there are ways to get hold of dodgy MOT test certificates although since everything is on central computers now I believed that it wasn’t possible to fiddle certificates any longer. Well to prove me wrong a garage owner has been jailed for 6 months for passing 2,500 vehicles without failing a single one. Video evidence was collected against Noor Hussain for presentation at Preston Crown Court. It showed cars going in and out of the test bay in 7 Read more »

Could Health & Safety Be Getting Sensible?

Tuesday, 23. November 2010

Health and Safety Commission
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Our Government said that they would review some of our health and safety regulations with a view to reduce the ridiculous levels that some regulations have reached making it difficult for companies to function properly. After releasing his report Common Sense, Common Safety, Lord Young has been criticised for ignoring some of the improvements in conditions that health and safety regulations have introduced into the workplace. Whilst it was Lord Young’s intention to reduce bureaucracy Read more »