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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.

Hyundai UK target SME fleet sales

Hyundai Basildon (pictured), one of Hyundai’s new Fleet Business Centres The last few years has seen Hyundai convince the car buying public that their cars are as credible and well built – not to mention appealing – as anything from the mainstream; no longer a budget option, Hyundais are now a real force. So once you’ve cracked Joe Public and his preconceptions, the next step is to crack the bit of Joe Public that buys a few cars at a time – the owners of small and medium businesses (SME) with a modest fleet (by fleet standards) of up to ten cars. With that in mind, Hyundai has appointed 27 Fleet Business Centres at Hyundai dealers across the UK with dedicated staff – and extra hand-holding and facilities – to coax the small business owner in to a bit of Hyundai goodness for his/her business.

Bentley designers create one-off pieces to benefit The Prince's Trust

Bentley Motors graduates are to stage an auction of handcrafted collector's items in a fundraising event for The Prince's Trust. Workers from the Tooling, Woodshop and Styling teams at the manufacturer have crafted around 20 different stylish and high-end products to auction off online in aid of the UK youth charity, which is headed by the Prince of Wales and provides practical and financial support to 14 to 30-year-olds. Display items include a chess set with pieces tooled from aluminum set on a classy veneered board and a table crafted from a polished V8 engine from the Bentley Mulsanne and a cutlery set commissioned by Robert Welch, engraved with the Bentley emblem.