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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.

Audi unveils new A3 interior at 2012 CES

Audi has revealed the interior of the next Audi A3 at the 2012 Consumer Electronics Show in Las Vegas... And what should I know about the insides of the new Audi A3? The interior of the A3 was unveiled at the Consumer Electronic Shows (CES) in Las Vegas, where there was lot of technical talk about plug-in modules and dual-core processors, but what you need to know is that the new A3 ushers in Audi’s next-gen modular infotainment platform.

Monaco Grand Prix: It’s a Mercedes front row

Nico Rosberg & Lewis Hamilton pictured after making it a Mercedes front row in Monaco Two weeks ago in Spain, Nico Rosberg pipped team mate Lewis Hamilton to pole position, and he’s pulled the same trick on the streets of Monaco today to ensure the second Mercedes front row in succession and his own third pole position in a row. Behind the Mercedes it’s a Red Bull second row, with Sebastian Vettel taking third place and Mark Webber fourth, with the third row made up of the Lotus of Kimi Raikkonen and the Ferrari of Fernando Alonso. McLaren managed to take seventh (Perez) and ninth (Button) with Sutil’s Force India in eighth and Vergne’s Torro Rosso in tenth.