The Graham Hill review of the week is on two cars following the re-birth of Lotus, one of my favourite car makers of all time. Probably because my namesake drove for them when he started his motor racing career and won his second world F1 title in his famous Lotus 49. Anyway, after returning to F1, Lotus have now launched the new Esprit and Elise at the Paris Motor Show (along with Elan, Elite, Eterne and a Read more »

Insurance premiums are being secretly increased by the application of admin fees according to research firm Defaqto. In 2004 the admin charge on an insurance policy was 2% of premium but that has now increased to 7% in 2010. The insurance industry, like the finance industry, has realised that people ignore the terms and conditions attached to contracts and simply focus on the lowest rate so they use stealth measures to increase the return without touching the premiums. Mike Powell, Read more »

The motor finance industry was to see a potential new broker association being formed that would concentrate on providing benefits to consumers and small business  operating predominantly in the retail sector. The NACFB (National Association of Commercial Finance Brokers) offered their support to any such initiative but when this came to my notice, as an ex director and president of the association, I saw a huge potential for the association and immediately got to work with the chief Read more »

I have issued another general warning about the lack of money available to lend and the subsequent repercussions. I have had many people writing to me explaining that they had strong credit but have been declined for loans on several occasions and are now being told that they have dropped into the sub-prime category, which means they will pay high rates of interest if they are able to secure finance at all. The reason for this is the fact that whilst there are still lenders willing to offer low rates Read more »

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Whilst all fatalities on UK roads dropped last year the figures are still too high. 2,222 people died on the roads of Britain last year, down 12% on 2008. Car occupant deaths fell 16%, pedestrians 13%, cyclists 10% and motorcyclists 4%. Whilst speed awareness courses are often not taken seriously by drivers who have been caught speeding and prefer to attend a course rather than suffer a conviction, the courses have been known to improve drivers’ attitudes towards speeding. This is particularly Read more »

Graham’s gadget of the week is the CG-Lock system, which you fit to your seatbelt. The system causes you to be held into your seat more firmly which makes your belt safer and improves your posture. The system comes highly recommended and finance company Arval who has been testing out the system with their staff. The device is palm sized and takes up the slack in the seatbelt keeping the user in the safest position. It also keeps the seatbelt across the pelvis rather than the stomach. Arval Read more »

Kwik-Fit are to carry out some major training programmes of staff following a recent BBC Watchdog report. They have said they are going to invest a further £1 million in training as a direct result of the allegations made by the BBC. They are to also increase their mystery shopper programme in an effort to identify and stop overselling by staff. The company is said to operate a zero tolerance policy in cases where Read more »

Buying a used car from a dealer? Then you should be more aware of your rights according to the Office of Fair Trading, who have reported that the number of complaints against dealers, for faults that have come to light within the first 3 months, has increased by 18% during the first half of 2010. The Office of Fair Trading Direct received over 38,000 complaints and, as Michele Shambrook of the OFT pointed out, ‘Most of the faults that come to light are the dealer’s responsibility.’ Had a bad used car experience when purchased from a car dealer, please let me know? By Graham Hill

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• Second-hand car complaints soar (bbc.co.uk)

Now here’s something you probably didn’t know about. We all know that if we are convicted of speeding and receive the automatic points on your licence you must declare that to your insurer immediately and suffer the increase in premium. Some insurers don’t increase the premium if it’s your first speeding fine but others do so check with your insurer. But here’s the thing, what happens if you are caught speeding, but as an alternative to a fine and points on your licence, you are given the Read more »