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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.

Cadillac ATS

The Cadillac ATS is an all-new, lightweight, rear-wheel drive sedan that aims to take the fight to the dominant BMW 3-Series in the compact premium segment. The ATS gains the latest interpretation of Cadillac's ‘Art & Science' design language, building on the recent, bigger XTS' aesthetics. Fortunately, the ATS' proportions are far more appealing than its awkward bigger brother, with short overhangs, a long wheelbase and wide tracks giving it a good stance.

BMW offers new M Performance accessories for M5 and M6

Tuners Alpina and AC Schnitzer aren't the only ones offering just about everything in carbon fiber for BMWs these days, and BMW has introduced performance accessories for their M5 and M6 cars, including the M6 Gran Coupe, Convertible, and Coupe. On the performance front, car owners will be able to purchase and retrofit an exhaust system developed by BMW's M division and engineering company Akrapovič -- one made entirely of titanium. This new exhaust system will be available for the M5, and all versions of the M6 and will result in a weight savings of approximately 22 pounds.