Coil Cop 2006-2009 Ford Fusion V6 on 2040-parts.com

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.

Buy a Spyker Bond and get a cheap Spyker B6 Venator

Buy a Spyker Bond and get a cheap B6 Venator (pictured) Last year, Victor Muller seemed to have pulled off something of a coup for Spyker by delivering concepts of the B6 Venator Coupe and Spyder to much acclaim, which looked like a car that could kick-start Spyker’s rather troubled business model. After a foray in to Saab ownership, Victor Muller lost Spyker to CPP, but CPP’s reliance on finance from Victor’s pal Vlad the banker proved to be CPP’s downfall and Victor emerged, somehow, back in control of Spyker. But despite Victor’s legendary ability to schmooze finance from the most unlikely sources, it seems he’s run in to a bit of trouble with financing production of the Venator, so he’s come up with a plan that looks to be a cross between a lottery and crowd funding.

Fiat Launches Racy New Range Of Abarth 500s

NEW colours, more technology and a host of other changes feature in the latest range of Abarth 500 cars for 2014. The new range has just been launched as part of a tie-in with the infamous Gumball 3000 supercar event, which visited Edinburgh and London recently as part of an international tour. While the endurance road trip featured some of the world’s most exotic supercars, many of the loudest cheers were reserved for the fleet of Abarths – the new 695 biposto, a 595 Competizione, 595 Turismo and 595 50th Anniversario – taking part in the event.