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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.

Vauxhall Corsa Black & White Limited Edition launches

The Vauxhall Corsa Black & White We know that Limited Edition cars shift metal in quiet times. What other reason could there be for manufacturers seemingly giving away options on a Limited Edition car? So if you want the options that are being thrown in the deal – and would have ordered them up if you specced a standard car – then it’s a good deal.

JAG CELEBRATES SUCCESS AND A BIRTHDAY

BARONS' RECENT annual 'Jaguar Heritage Sale' celebrated all models of the much-loved marque but the E-type, in its 50th anniversary year really stole the show. The car had bidders and vendors purring with pleasure and nine of these stunning cars were on offer and all of them sold. Of the four examples offered, not one sold for less than £31,000 and the chart topper – a magnificent, bright red 1972 machine achieved over £39,000.