Lack of history loses 20% of a car’s value

A CAR being sold without a full service history is worth one-fifth less on average than a car with a fully stamped service book. This amounts to an average of £1464 for the typical used car sold in the UK with a price of £7706. A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10 billion per year in lost revenue.

Lamborghini Cabrera: The tease begins

Lamborghini Cabrera: The tease begins Just yesterday, we reported that the very last Lamborghino Gallardo had rolled off the production line in Sant’Agata Bolognese after a ten year reign. And Lamborghini are wasting no time whetting appetites for the Gallardo, with a new website launched to tease its replacement, complete with a ‘start’ button to hear the new V10 roar and instructions to “Listen to your instinct – Discover the roar of the new creature from Lamborghini”. That replacement is probably going to be called the Lamborghini Cabrera, which we’ve been expecting to debut at the 2014 Geneva Motor Show.

EBay exotic: 1971 Maserati Indy

In honor of the upcoming 100th anniversary of the Indianapolis 500, we bring you this lovely red 1971 Maserati Indy. Styled by Vignale, the Indy served as Maserati’s four-passenger business express from 1969 to 1971, powered originally by a 4.2-liter V8 and later by 4.7- and 4.9-liter versions of the Ghibli powerplant. This Oregon-based Euro-market example has a five-speed manual gearbox and power steering, and the owner of 20 years claims to have had a lot of expensive-sounding work done over the past few years.