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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Top Gear Special: 50 Years of James Bond Cars

Top Gear has produced a ’50 Years of James Bond Cars’ special – presented by Richard Hammond – which airs at the end of October. What do you get if you take two of the most successful franchises the UK has ever produced – Top Gear and James Bond – and stitch them together? That’s right, a Top Gear Special on 50 years of Bond cars.

Millions of Ford vehicles recalled for engine-fire risk are still unrepaired

About 8.4 million Ford vehicles that can possibly catch fire remain on the road because of lack of owner information even after the largest U.S. safety recall ever, regulators said Thursday. The National Highway Traffic Safety Administration urged owners of the 14 million vehicles recalled between 1999 and 2009 for leaky cruise-control switches to take their unrepaired vehicles in to dealers.