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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.
Buy a Corvette Stingray, get a performance driving school discount
Wed, 26 Mar 2014New Corvette Stingray owners can get a sweet deal at the Ron Fellows Performance Driving School at Spring Mountain Motorsports Ranch in Nevada. The two-day program will cost owners just $1,000, instead of the usual $2,500, Chevy said on Wednesday. “We designed the Corvette Stingray to make its owners better drivers through technologies such as the driver mode selector, active rev match, electronic limited-slip differential and more,” said Tim Mahoney, chief marketing officer, global Chevrolet.
Jaguar C-X16 (Jaguar XE) gets its own website
Mon, 26 Sep 2011The Jaguar Future Website Are Jaguar serious about the Jaguar C-X16 Concept? If the launch of a new website detailing every bit of information they can cobble together is anything to go by, the answer is a very reassuring yes. As we wait for solid news on what exactly the Jaguar C-X16 will become for production - the XE badge is by no means a certainty, never mind whether it launches as a convertible too – Jaguar are busying themselves offering up every single morsel of information they can showcase on a new website devoted to the C-X16.