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Porsche 911 buyers flock to rare 24-month leases

Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars. This year, 22 percent of all 911 lessees have taken 24-month contracts rather than 36-month deals, says Michael Bartsch, COO of Porsche Cars North America. That compares with 10 percent before the push.

Drayson electric racer breaks four speed records

A BRITISH electric racing car has set four new land speed records on the same day. The Drayson Racing prototype racing car, which is powered solely by electricity, set new benchmarks for speeds over one mile and one kilometre with a flying start, plus a new standing quarter-mile acceleration record. The fourth record, subject to ratification, is a British land speed record for cars of any type driven by their wheels over one mile from a flying start.

80% of drivers don't care about emissions

EIGHT OUT OF 10 drivers in the UK say they wouldn’t change their car to a lower emissions model to save on road tax. This stark admission from the nation’s drivers follows a survey that also found 65% of Britain’s motorists don’t know their VED (Vehicle Excise Duty), or road tax, is calculated on the carbon dioxide emissions of their car. Many drivers think their road tax is worked out based on the size of engine in their car.