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Quarter of car sellers 'lie'

MORE THAN a quarter (28%) of people selling a car admit to telling a ‘white lie’ to help the sale go ahead. The statistics are higher among young car sellers aged 18-25-years old, where 33% admit to lying to make sure their cars is sold. A study commissioned by vehicle history service HPI found 11% of sellers admitted to hiding problems with their car, while 9% are prepared to alter the mileage of their car to achieve a better price.

M25 Driver Clocked Doing 149MPH

THE IAM has, with the aid of the Freedom of Information Act, done some digging to find out the scale of speeding in the UK. During the course of its research, it found that the top offender was a motorist clocked at 149mph on the M25. The offence, near Swanley in Kent, was captured by a speed camera and was the highest recorded speed during the period April 2013 to May 2014.

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.