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Logbook loans signal increasing debt risk
Mon, 23 Jun 2014CONSUMERS 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.
Ford Iosis Max unveiled at Geneva motor show 2009
Mon, 02 Mar 2009By Tim Pollard First Official Pictures 02 March 2009 18:00 Ford is serving up a big-bang surprise at Geneva with the launch of the Iosis Max concept car. The third in a series of Iosis show cars, the Max affords our first view of the new 2011 Ford Focus, with a hint of next-gen 2010 C-Max thrown in for good measure. The Iosis Max looks just like the next-gen Focus at the front and heralds some important new styling treatments for all future Fords, its designers have told CAR. The lower trapezoidal grille, for instance, will in future feature these horizontal chromed strakes, echoing the feature lines on the bonnet, and the Blue Oval badge appears more prominently in the middle of the higher, Fiesta-style grille.
Chevrolet Captiva LTZ Revealed
Tue, 04 May 2010The new, range-topping Chevrolet Captiva LTZ Simmer. Don’t get too excited. Chevrolet have launched a new, range-topping model of the soft-roader Captiva on to the market.