Posts Tagged ‘cars on finance’

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Potential fuel duty rise, supermarket petrol prices cut, new Chevrolet …

Wednesday, May 23rd, 2012

Car finance customers were warned of what could be a fairly hefty blow to their bank balances, as a £13 billion shortfall in the Treasury’s coffers may lead to a 50% rise in fuel duty in the coming years.

The gap in the government’s accounts has been blamed on the increasing number of green cars on our roads. The low-emission vehicles are exempt from paying tax, meaning others will be forced to pick up the bill in the years to come. Currently, the money collected from fuel duty makes up 1.7% of Britain’s gross domestic product (GDP). However, as more and more people turn to green cars on finance plans, this is forecasted to drop to just 1.1%. At the same time, vehicle excise duty is expected to drop from 0.4% of GDP to 0.1% over the next two decades. (more…)

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Hyundai posts rise in sales, BMW unveils Olympic fleet and…

Sunday, April 29th, 2012

In news that has surprised some quarters given the current slowing of European and Chinese motoring markets, Hyundai has managed to boost its quarterly net profit to $2.15 billion, a rise of nearly a third.

The South Korean car company, whose models are consistently popular with car finance customers, has stated that it expects to sell 465,000 vehicles this year – an increase of 15.4% on current sales.  The news comes in the same week that other manufacturers including Renault reported falls in sales, as the European car market fell 8% during the first three months of this year.

A huge part of Hyundai’s sales success is owed to the new i30 compact, which quickly became popular with parents looking for smart family cars on finance plans. So much so, that it has become Hyundai’s best-selling model in Europe according to market researchers JATO Dynamics, after 101,328 units were sold last year alone.

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Petrol rise, Nissan plant, Jaguar F-Type, Lamborghini SUV and Citroen DS

Wednesday, April 25th, 2012

Petrol prices at the pumps have risen to a new high despite wholesale fuel prices declining by almost 7% in the last week, according to the AA. The average cost of petrol is 142.48p per litre, a rise of 10.23p since the start of the year. Diesel prices have risen less steeply but remain at a high of 142.48p per litre on average. The news follows reports of panic-buying in March over fears of a strike by tanker drivers.

There is, however, a ray of light for UK drivers currently considering cars on finance deals, with Asda, Tesco and Sainsbury set to cut the price of petrol by 2p per litre. According to a spokesperson from Asda, which was the first supermarket to announce the cut, this means that motorists will pay no more than 138.7p for a litre of unleaded petrol, or 143.7p for a litre of diesel.

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Nissan’s ‘Invitation’ and the New York Auto Show

Thursday, April 5th, 2012

Nissan is issuing an invitation for hatchback-lovers everywhere – quite literally. At the recent Geneva Motor Show, the Japanese company unveiled its latest concept hatchback, the ‘Invitation’, which will roll off the production line sometime in 2013.

The car will be turned from concept to reality alongside the Nissan Juke at the company’s Sunderland plant, before becoming available on car finance deals deals soon after. It will be the replacement for the Nissan Note, which will cease production in the same year. The new production is expected to create around 2,000 more jobs in the UK and strengthen the company’s expansion in Europe.

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CLS Shooting Brake and baby Lexus RX expected, while BMW recalls 1.3 million cars

Sunday, April 1st, 2012

The stylish Mercedes CLS is to see its svelte suit gain an extra size with plans for a ‘shooting brake’ estate version of the luxury four door coupe. A motor that’s very popular with customers looking for handsome cars on finance, the CLS has been a big hit for the German manufacturer since its launch.

It isn’t the most practical car in the world however, with its focus on sporty styling and performance rather than executive saloon space and surroundings. The shooting brake will change this element in the CLS make-up, bringing a larger boot to the party. Extra space is likely to win it even more fans on car finance deals, as it will help the CLS to compete with traditional luxury estate cars, most of which will be unable to match its style.

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BMW 3 Series GT confirmed, latest safety ratings, and Audi reveals new A3

Sunday, February 26th, 2012

Pictures leaked to the press this week confirm that BMW is planning to launch a GT version of its popular 3 Series. The 3 Series has long been BMW’s best seller, proving to be a big car finance favourite.

The GT will be a new variant on the 3 Series theme, coming with a greater ride height than its 3 Series stable mates, along with beefed-up styling features like flared wheel arches and shorter overhangs. Like the 5 Series GT, the 3 Series GT should offer greater legroom than the normal baby BMW, and will also come with novel touches such as a two piece tailgate.

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Latest Audi RS4 unveiled, Freelander 2 and Hyundai plan sporty hatches

Sunday, February 19th, 2012

Audi has released details of its forthcoming RS4 Avant model ahead of the car’s début at the prestigious Geneva Motor Show next month. The RS4 achieved cult status when its first generation hit the road in the 1990s, developing a reputation as a supercar-slaying practical estate before becoming the must-have performance car all petrolheads were looking to get on car finance deals.

Once again, it’ll only be available in estate form and is based on the current A4 Avant. Unlike the normal A4 though, there will be a fire breathing 444bhp 4.2 litre V8 under the bonnet, which also stars in the RS5 coupé and which deals with 0-62mph in a mere 4.7 seconds. It’s surely going to become a popular choice for drivers looking for lively cars on finance that will blow many bespoke sports cars out of the water.

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BMW unveil the M6, first look at Ford B-Max and Saab parts availability

Tuesday, February 14th, 2012

BMW has pointed both barrels at the performance car market with its decision to launch the stunning M6 at the prestigious Geneva Motor Show next month.

The M6 rests at the top of the tree for the 6 Series coupe and convertible, borrowing the genes of the more practical M5 and wrapping it up in a sleeker body. Lighter than its saloon brother, the M6 slingshots from 0 to 62 in just 4.2 seconds. Designed to take on the likes of the Jaguar XKR-S, the M6 is well worth the consideration of those seeking high performance cars on finance.

While its performance figures take the new generation M6 to new heights, BMW’s engineers have also been hard at work improving the efficiency of the sporty grand tourer. The 4.4 litre twin turbo V8 is 30% more efficient than the outgoing V10, and returns a respectable 28.5 mpg for the coupe and 27.4 mpg for the convertible.

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Ford launches new Focus, women drivers excel at parking and Kia wins green award

Tuesday, January 31st, 2012

Ford has seemingly proven the old adage ‘it’s not the size that counts, but how you use it’ with the imminent launch of its new 1.0-litre ‘EcoBoost’ version of the Focus family hatchback.

The petrol engine, which has three cylinders and delivers 123bhp, reportedly uses a combination of direct fuel injection and a turbocharger to offer heightened performance – allowing it to compete with larger, 1.6-litre units and even provide greater fuel economy.

Ford of Britain’s managing director, Mark Ovenden, has delivered a glowing report of the engine’s capabilities: “This highly efficient, technically advanced powertrain is not only great fun to drive, but it delivers fuel economy improvements and ultra-low CO2 emissions which lead to real world cost savings for our customers.”

This news will undoubtedly be welcomed by drivers looking for green cars on finance, who can expect to see the new Focus rolling out from next month, with prices starting at a respectable £16,245.

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BMW reveals a host of upgrades and new models

Friday, January 27th, 2012

BMW has been working hard for many years to create one of the most desirable brands on our roads, with ‘the ultimate driving machine’ claims backed up by a range of cars that have rarely been a let-down. To stay ahead of the game, the Bavarian brand has bombarded us with diverse models in recent years, as well as keeping up its backbone ranges such as the 3 Series and 5 Series.

The 3 Series is BMW’s biggest seller and has recently been updated, much to the delight of legions of BMW fans looking ahead to their next BMW finance deal. BMW hasn’t left it there, either, with 2012 bringing a whole host of new and updated models.

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