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My quote of the week goes to a spokesman for BMW‘s UK operations following an announcement that BMW cars were to receive a substantial price hike. He was trying to reassure us in the UK that we were not included in the expected increases. The company had issued a profit warning and said that due to increased oil and raw material costs they would be forced to increase prices – but not in the UK – he said, Read more »

If you are hell bent on driving a 4 wheel drive I would make the most of it now as auction house Manheim have reported exceptional losses sustained by leasing companies when re-selling end of contract 4WD cars. At the moment manufacturers are offsetting poor resale values with big discounts and bonuses but the long term view is that manufacturers will scale down production and switch the lines over to smaller more desirable ‘greener’ cars. This will mean that they will give away less by way of bonuses making the lease cost of gas guzzling 4WD cars very high.But whilst we are in this honeymoon period and you like 4WD’s now is the time to take one because by the end of the year rates will potentially be horendous and deliveries even worse. Hands up who wants a Hummer? By Graham Hill

Deliveries are becoming a nightmare, I have today been given a further delay on a VW Golf with the new 1.4 engine that was ordered on the 1st February 2008 with an estimated lead time of 12 weeks. Delivery is currently expected to be end of August to the dealer. Whilst this situation is exceptional, explained by VW as being the result of amazing International demand for the smaller engine that can be tuned to produce 170 BHP, long lead times are not uncommon. However, most funders will Read more »