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56% of drivers 'underestimated car expense'

MORE THAN half of people who have bought a second-hand car in the last two years have found it more expensive to run than they expected, according to a Government-backed body. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated and one in five drivers (20%) have resorted to going into debt just to keep their vehicle on the road, the Money Advice Service (MAS) found. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.

Porsche sued over actor death crash

THE WIDOW of the man who was driving a Porsche sports car that crashed and killed Fast & Furious actor Paul Walker is suing the car maker. She is claiming that design flaws caused both men to die in the crash in November. The wrongful death lawsuit by Kristine Rodas says her husband was driving at 55mph - not at unsafe speeds as law enforcement investigators decided - before it crashed last year.

Porsche Panamera

Porsche today revealed the first official photos of its new four-door grand touring sports car, roughly nine months before its scheduled market launch. Joining the 911, Boxster and Cayman sports cars as well as the sporty Cayenne SUV, the Panamera is Porsche's fourth model series. The designers of the Panamera sought to position their latest offering as a brand-new and truly different model while retaining the defining Porsche look.