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Logbook loans signal increasing debt risk

CONSUMERS who buy second-hand cars are at risk of unwittingly inheriting debts taken out by the previous owner that could end up with their vehicle being seized, Citizens' Advice is warning. The charity said one in five people who reported a problem to it about “logbook loans”, where a person places their car as security against a loan, ended up having their car repossessed – despite not being the one who borrowed the money. Citizens' Advice warned someone who buys a car which is still the subject of an outstanding logbook loan taken out by a previous owner could end up being chased for the debt – leaving them with the choice of making the repayments or having their vehicle repossessed.

BMW Concept Gran Coupé revealed- BMW 8 Series?

BMW's Gran Coupe Concept - a four door coupe - revealed in Beijing Despite the imposing (5m long) BMW Concept Gran Coupé being a surprise showing from BMW, we really shouldn’t be at all surprised. Ever since Mercedes launched the CLS back in 2005 the four-door swoopy-coupe has been gathering sales and becoming more desired and more in demand every year. We can now add the Audi A7 to the CLS in this category and in all honesty the new Jaguar XJ is a four-door coupe in all but name.

Audi S5 Cabriolet UK ready

The Audi S5 Cabriolet is now available to order in the UK So the order book is now open for the Audi S5 Cabriolet in the UK, even though first customer cars won’t arrive until October. Which does seem a bit of a cock-up. Who is going to buy a cabriolet – even a very sorted, draught-free cabriolet – in October?