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Logbook loans signal increasing debt risk

CONSUMERS 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.

2012 BMW 1-Series leaks ahead of Frankfurt

The 2012 BMW 1 Series - bigger and sharper It’s not as if we haven’t been expecting the 2012 BMW 1-Series to turn up any time soon. We have. But as it’s not due to bow in until the Frankfurt Motor Show in September we didn’t expect much of substance just yet.

Spies Given Green Light To Speed

IF YOU’RE familiar with James Bond’s antics you’ll know that he didn’t much care for rules and regulations. Now there’s one less bit of red tape for all fictional and real James Bonds, as spies are to be given a "licence to speed" for the first time, under changes to motoring laws. Currently, officers in MI5 and MI6 have to abide by the rules of the road even when national security is under threat.