Alpine 4905 Honda Mercedes Volvo Bmw Audi Jaguar 6 Disc Cd Magazine For Changer on 2040-parts.com

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.

Volkswagen Taigun poised for production

Update: We've added a video of the VW Taigun in action. Check it out below. Volkswagen has moved a step closer to joining the small-SUV ranks -- it will produce its compact Taigun, VW sources told Autoweek.

Audi preps S3 Cabriolet for Geneva

Audi revealed the S3 Cabriolet on Wednesday, before its Geneva motor show debut. The go-fast version of the small A3 Cab shares the same widespread MQB architecture as the rest of the 3 range, but it gets a hotter engine, a lower stance and, of course, a rag top. It’ll arrive in Germany this summer, and possibly here sometime after the S3 sedan in early 2015.