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BMW

Here’s a golden...

Here’s a golden opportunity for the Government to raise even more money from beleaguered motorists. A leaked Treasury paper – which has been circulating in Westminster – has revealed that Chancellor of the Exchequer Alistair Darling is looking to introduce an extra ‘purchase tax’ on models with high CO2 emissions.



As well as premiering...

As well as premiering the new face of the family favourite saloon, the crossover people carrier seen here will soon become a production reality. We published spy shots of a prototype on test last week (issue 846), and the finished version will appear in UK dealers next year. It"ll be the first model to be based on the next-generation Mondeo platform.


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Here is the picture...

Here is the picture that proves Vauxhallò€™s Meriva is hotting up! This is the first spy shot of the forthcoming VXR version ò€“ a flagship firecracker that will boast a 200bhp 1.6-litre turbocharged engine.

Autotuning

Debt advisers at the...

Debt advisers at the UK Insolvency Helpline say they’ve had more than 10,000 calls in the past four months alone, from owners struggling to pay back money borrowed to buy their vehicle. That compares to 14,285 in the first nine months of 2007.

A spokesman for the group blamed the recent rise in interest rates, adding: “Many motorists have had to downgrade their model.” But we called five major high street and online lenders and found that typical APRs vary dramatically. And nearly all those we looked at have risen by one per cent in the past 12 months. Over five years, that could add almost ÷£700 to the price of a Ford Focus 2.0 TDCi Titanium. In the worst case – with the rate increasing to 17.9 per cent – buyers could pay ÷£26,902 for a car that cost ÷£17,695.

The AA had the lowest hike – and claims this is because it doesn’t lend to high-risk borrowers. “We always issue loans responsibly,” a spokesman said. For advice, click on the insolvencyhelpline.co.uk website.




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