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Car Finance: ING pull out of UK luxury car finance market

ING has pulled out of the UK luxury car finance market leaving a finance hole estimated at around £1.2 billion. If you’re in the market for a high-end car, chances are you’ve sought out the services of a finance broker after the car dealer’s finance rates came as a bit of a shock. And if you have, there’s a very good chance you’ll have ended up with a cracking finance deal written by ING.

Car Design News Contest 2008 - Deadline for entries in just over a week!

The Car Design News Contest 2008 deadline for entries is on Wednesday March 26th - just over a week's time! Entries in both the Professional Designer category and the Student Designer category will have to be submitted by this date - no late entries will be accepted - as the assessment process takes place directly afterwards. Each entry needs to be uploaded onto the Entry Submissions page of the Car Design News Contest site as "snap shot" views of a digital design model.

CAP call on Renault to include battery in Zoe price – when it would cost £25k

CAP has called on Renault to include the battery cost in the list price of the Renault Zoe EV, otherwise it won’t be able to set residual values. We reported recently on the price of the Renault Zoe EV – which starts at £18k – and were surprised to find that Renault weren’t including battery costs in the purchase price but charging and extra £70-93 a month for leasing them. That leads to a completely misleading headline price for the Zoe and, as used car price experts CAP say, is akin to Ford removing the engine costs from their cars to reduce list price.