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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.
Smile, You’re On Camera
Tue, 18 Feb 2014A COUNCIL in east London has rolled out the first unattended CCTV enforcement system for moving traffic offences, in a bid to curb drivers from making illegal turns or stopping in yellow-box junctions. Redbridge council has placed cameras at four trouble spots, which can also catch drivers ignoring restricted access signs. Redbridge council's environment, transportation and crime committee head, Shoaib Patel, said: "The system was installed to counter the high number of drivers that were ignoring the traffic restrictions that were in place, causing severe safety hazards to pedestrians and other drivers.
Performance Car of the Year 2008
Wed, 24 Sep 2008In the November issue of CAR Magazine we've gathered together 29 of the best performance cars from the past 12 months to find out which is best. And to bring you the key battles of 2008 we've split the 29 cars into groups. That means the new issue of CAR features the Lamborghini LP560-4 taking on the GT2, CLK Black and Gumpert Apollo; Nissan's amazing GT-R matches up against the new 911, the Jag XKR-S and Aston's revised V8; Ford's brand new Focus ST Moutune takes on the spanking Mini JCW and KTM's crazy X-Bow meets three of the best British track cars, plus much, much more.