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London is parking charge capital of the world

We already know London is home to more multimillionaires than any other city in the world, but given the cost of living in our capital, this is hardly surprising. And now, to further highlight London’s increasingly extravagant status, it turns out it’s the most expensive place in the world to park your car as well. On Bing: see pictures of car parks in London UK car parks now accepting conkers as payment.

Mercedes S65 AMG (2013) first official pictures

By Ollie Kew First Official Pictures 08 November 2013 08:01 Bring on the ‘too much is never enough’ comments: this is the new Mercedes S65 AMG – the top dog of the S-class range. Set to be more than twice as expensive as an entry-level S350 BlueTec, which starts at £62k, the S65 AMG borrows its powerplant from the SL65 AMG, and comes close to embarrassing the SLS supercar in a drag race. Whereas the new S63 makes do with a piffling 5.5-litre biturbo V8 developing 577bhp, the S65 squeezes in a twin-blown V12 good for 621bhp – that’s only one horse fewer than the Mercedes SLS Black Series manages.

Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.