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Volvo launches plan to spread servicing costs

Volvo has launched a new website allowing owners of Volvos up to 48 months old the opportunity to purchase a Volvo Service Plan, via either a one-off payment or a fixed monthly fee. It works in a similar way to car insurance, where you have a choice of either paying monthly or upfront. The pre-paid service plans cover any service carried out on Volvos up to six years of age and up to a maximum of ten scheduled services.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.

Heuliez concept collection up for auction

A collection of coachbuilt specials and concept cars by French company Heuliez is to be sold at auction. The selection of 56 cars spans a huge spectrum from a Fiat 500 up to Le Mans racers but what really caught our eye were the oddball one-off conversions. Highlights include the Citroën BX Break De Chasse ‘Dyana', a three-door shooting break version of Gandini's classic, the 1972 Peugeot 204 Taxi H4 and the targa-roofed Citroën SM Espace.