Wednesday, 16. July 2008
Leasing companies are really starting to feel the squeeze from several directions. Interest rates are going up, new car prices are increasing, there are fewer customers and more importantly used car prices have taken a sudden dive resulting in losses on virtually every car that is being de-fleeted forcing rates up further on new cars in order to balance the losses. However, in addition to the rate adjustments we have seen many leasing companies try to recoup losses from customers by making large Read more »
Friday, 11. July 2008
We are not in a recession – yet! But signs are that we are moving that way so now may be the correct time to consider leasing your car and take advantage of some of the deals that are about at the moment. It’s all about cash flow and contract hire will certainly provide you with the best cash flow and there is some even better news which I’ll talk about in a moment. If we look at the Audi A6 that we have on special at the moment the cost after 3 months payment in advance would be £329 + VAT per month (£387 per month inc VAT) but if you bought the car on HP over 4 years you would be paying close to Read more »
Thursday, 10. July 2008
The Government is to tighten up on new car advertising as a result of pressure from the greenies to better advise the public about CO2 emissions. In future all literature including posters and all print ads must include CO2 emission information. This is now believed to conform to EU directives on the level of information that should be made available to car buyers. Strangely no such rules apply to used cars which are in the vast majority and kick out many more CO2‘s than their new equivalents. Or am I missing something?
Wednesday, 25. June 2008
As any of you that have become readers of my weekly ramblings would know I am a great supporter of the safety system ESP developed by Bosch. I believe that it should be fitted in all new cars as it is relatively cheap and would save more lives than ABS. Well, the good news is that Bosch have started work on a new version that will hopefully move them closer to having the system fitted in all cars. The new version integrates sensors for Read more »
Thursday, 12. June 2008
If you are one of those that has downloaded my introductory video on my vehicle finance training you will know that I have very little faith in the ability of the press to provide proper advice on vehicle finance, in fact I said that some of their advice is criminally misleading. However you expect the Times and Telegraph to at least do some basic research before throwing misleading information onto their online sites. You expect rubbish from the popular press but not from the more upmarket news and information providers. So what is it that has made me so angry? Read more »
Friday, 6. June 2008
If you are getting worried about the affect that the new car tax (road fund licence) will have on your new car if you are considering a change but you are unsure as to how the changes will affect you over the next couple of years – fear not as I have come across a website that will provide you with all the info that you need. You simply enter Read more »