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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.

One Lap of the Web: Le Mans souvenirs, F1 in 360, and a BMW fit for a biker

-- Collin Woodard was "that weird friend who was strangely committed to riding a motorcycle." Being the weird motorcycle-owning friend, however, can only get you so far until you start an influential motorcycle blog or start making sepia-toned hipster videos on expensive Canon 5Ds and wildly unreliable CB550Fs. Woodward needed a car, and boy did his friends have something to say about that! He looked at a Camry.

Porsche 959 prototype to cross the block at Barrett-Jackson

When Professor Helmuth Bott arrived at the fledgling Porsche sports-car company in 1952, he was in his late 20s. The young engineer's first assignment was setting up a gearbox test stand for the company's new all-syncromesh Type 519 transaxle. Thirty-one years later, he gave the go-ahead for the development of a car that was to be the ultimate bleeding edge of what Porsche knew about building a rear-engined sports car.