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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.

Volvo Concept Universe: Volvo aims high

Volvo Concept Universe - complete with spangly nose We got the tease on the Volvo Concept Universe, which is what you would expect in this age of pre-launch torment from car makers. And now we get the reality. And we’re not too sure what to think.

VW Passat Highline Plus released

The new VW Passat Highline Plus I suppose that when you’re trying to shift a huge range of cars it’s always useful to have a model to fit every niche. VW – and particularly Audi – milk this style of marketing for all its worth, and I’d be amazed if anyone ever walks out of the showroom with the exact model they had in mind when they walked in. One of the big ‘Selling’ points is value for money.