1957 Cadillac Eldorado Brougham 365 Ci 2 Four Barrels Imp Info/specs/photo 15x9 on 2040-parts.com

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.

Public Says No To Motorway Go Slow Plans

IT’S A BIG ‘no’ from the motoring public on the subject of lowering motorway speed limits, according to a survey conducted by car supermarket firm Motorpoint. In light of recent proposals to reduce to 60mph the speed limit on a 34-mile section of the M1 spanning Derbyshire and South Yorkshire due to pollution concerns, the web-based survey found 78.1 per cent of drivers opposed such measures. Over 4,100 people participated in the poll on the company’s website – www.motorpoint.co.uk.

Honda speeds up major changes to the Civic

Honda will bring out a significant mid-cycle change to its embattled Civic compact this fall, just 18 months after it launched, a high-ranking executive told dealers here. The move is a rush to improve the Civic in time for the 2013 model year. The Civic's cheapened interior and other reductions in content got a critical reviews from The Wall Street Journal, and Consumer Reports removed the model from its recommended list.