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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Hands-free car phones 'should be banned'

THE USE hands-free mobile phones while driving should be banned. This is the view of road safety charity Brake that says four in ten drivers (38%) admit to using hands-free phones in the car despite research that shows talking on a hands-free system is just as dangerous as using a hand-held mobile phone. Drivers who use a mobile phone while driving are four times more likely to be involved in a collision that causes serious or fatal injuries.

Lotus takes the top off Exige S

Lotus is adding an Exige S Roadster to its lineup, based on the new Exige we saw at the Frankfurt auto show. Unfortunately the road-car version will not come to the United States. The Roaster is powered by the same 345-hp V6 as in the hardtop Exige, as well as in the bigger Evora.