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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.

Porsche 911 Sport Classic introduced

Porsche has announced a Limited Edition Porsche 911 that will launch at Frankfurt - The Porsche 911 Sport Classic Porsche has plundered its history to build in to the 911 Sport Classic styling cues from the past. The Sport Classic gets a ‘Duck-Tail’ rear spoiler (thank you, 1973 Carrera RS 2.7) and ‘Fuchs-Style’ alloys (ditto – at least in terms of chronology).  You can also throw in to the mix a double-bubble roof (Carrera GT et al) and black surrounds to the headlights, which is evocative of the 1970s Porsche racers. So having thrown every design cue that fits from its history, what else does the 911 SC get?

Mercedes F125! concept hints at electric S-class

Here's a riddle for luxury automakers: How will big, high-powered cars fit into a world that's greener, more congested and more tightly regulated than today? Mercedes-Benz rolled out one possible answer here last month with the F125! concept car.