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Lexus IS F-Sport & Lexus IS 2010 tweaks

The Lexus IS F-Sport 2010 Lexus is having a play with its IS for 2010. But best not to get too excited – the changes are not immense, although the introduction of the 2010 Lexus IS F-Sport does add a couple of nice cosmetic bits to the mix. Biggest news is the addition of the F-Sport model, which fits in between the IS SE-I and IS SE-L Models.

Drivers walk to avoid parking fees

DRIVERS are voting with their feet over parking charges, with most prepared to walk so they do not have to pay. On average, drivers are willing to walk up to half a mile to dodge parking charges, a survey from market research company Viewsbank found. A fifth of motorists were prepared to walk a mile or more rather than pay up, with only 11% saying they would rather pay than walk, the poll of 2,053 drivers revealed.

FCA issues warning on logbook loans

VULNERABLE people who use their car as security to take out a loan are finding themselves squeezed even harder financially and even threatened, the City regulator has found. The Financial Conduct Authority warned it will put firms offering logbook loans out of action if they do not "dramatically" improve their standards, after finding evidence of poor behaviour including little or no affordability checks being carried out and some applicants being encouraged to manipulate details of their income. It said lenders are failing to properly spell out exactly how expensive such debts will be, with the true cost often masked by an emphasis on "low" weekly repayments and key terms and conditions buried in small print.