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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.

Ford Fiesta TDCi ECOnetic first drive

Ford's new economical Fiesta ECOnetic Cars UK has been out on a bit of a jolly today, to the depths of rural Hertfordshire for the press launch of the Ford Fiesta TDCi ECOnetic. Any excuse for a free lunch! So what’s it like, this planet-saving Fiesta?

Computer gamer headed for Formula 1

THE WINNER of a computer game competition is now headed for the real world of Formula One with World Champion Sebastian Vettel’s Infiniti Red Bull racing team. Jann Mardenborough won Nissan’s competition to find a new racing driver by beating his rivals on a racing simulator game. His prize was a seat in a variety of racing cars since his victory in 2011 and now he will race in the GP3 series, which is the recognised route to Formula One.