Feb
17
2011
A personal contract hire is a finance option geared at employed individuals who are provided transport allowance by their company. If you decide to opt for a Vauxhall Tigra car lease, you may have to provide proof of your transport allowance to the leasing company under a personal contract hire agreement.
Typically offered with a two to four year lease period, a personal contract purchase is a flexible car lease financing option. Some contracts may include car maintenance as well, which translates into lower running costs for you.
A business contract hire is tailor made for businesses. The lease period may be anywhere from twelve months to sixty months. This contract offers benefits such as VAT deductions and fixed rates of interest. There are no risks of depreciation and vehicle disposal is taken care of by the leasing company.
Vehicle leasing is a great alternative to an outright purchase for businesses and individuals alike. The financing options available on vehicle leases are also designed to suit the needs of the lessee. Whether you go for a Vauxhall Tigra car lease or a lease a number of vans, read the fine print of the lease contract carefully to avoid any nasty shocks in the future.
Feb
17
2011
A common concern that most vehicle lessees have is the extent of their liability if the leased vehicle is totaled as a result of an accident. Gap insurance offers a solution to your financial worries when you go for that Vauxhall Antara car lease you have been meaning to take out for a while.
In an unfortunate scenario such as car wreckage due to accident, gap insurance is a real boon. It pays out the ‘gap amount’, i.e. the money you owe after the auto insurance makes its payouts and the full amount the finance company charges you. When you buy gap insurance, keep these points in mind.
You can buy gap insurance when you initiate the lease or at any point in the lease term. You will be disallowed from buying gap insurance following the accident. Keep in mind that you must comply with all the stated lease terms when you take out your gap insurance policy.
You should have comprehensive insurance coverage and collision coverage. Also, you may be required to make car payments on your totaled car till the time the gap insurance money is paid by the auto insurance company. When you go for a Vauxhall Antara car lease, make sure you get all your doubts with regard to gap insurance clarified at the outset.
Feb
17
2011
If you have made up your mind about going for a Vauxhall Meriva car lease, you should be aware of the various lease-related jargons. This way you will know what the leasing company you approach is talking about, when it discusses the lease agreement and fees with you. Here is a look at some of the common lease jargons.
Acquisition fee – Also called bank fee, this is an upfront fee the leasing company charges you. If you are leasing a luxury vehicle, the acquisition fee can be higher than when you go for a relatively cheaper Vauxhall Meriva finance.
Capitalized net cost – This is the Meriva car’s purchase price after you make all the down payments.
Capitalized cost – This is the car’s price during the lease term. It includes taxes, license, registration fees and other related fees.
Disposition fee- This is a back-end fee you pay for car disposal and other selling expenses.
Gap insurance – If your leased car is totaled, then the gap insurance covers the ‘gap amount’ or balance you owe to the leasing company once your insurance company makes its payout.
Residual value – This is the vehicle’s resale value at the end of the Vauxhall lease term. The residual value is determined by the finance company.
Besides understand leasing jargons, read the terms and conditions of your lease contract carefully. Also make sure you buy gap insurance when you initiate the lease.
Feb
17
2011
Leasing an Insignia is a great option if you plan to change your car every few years and do not want to make an upfront purchase. But you should be aware of the costs involved when you enter a car lease. This will help you calculate costs better when you go for a Vauxhall Insignia car lease.
Your ‘first payment’ is actually the first monthly lease payment you make. Unlike monthly loan payments that are made at the end of the month, lease payments are made at the beginning of each month. Keep in mind that this ‘first payment’ is not a security deposit or a down payment.
Most leases do not require a security deposit. But some finance companies may charge you a security deposit, especially if your credit score is not good. The security deposit is refunded at the end of the lease term.
Acquisition fee is another common fee charged by the leasing company. This is an upfront administration fee, which can be mentioned in your contract or be a hidden fee added to the cap cost.
Disposition fee is a fee charged by the leasing company when your lease term comes to an end. This fee covers the cost of selling or disposing off your vehicle by the leasing company.
Other fees you have to keep in mind when you opt for a Vauxhall Insignia car lease are documentation fees, registration fees, license and tag fees.
Aug
5
2010
A French women has launched a legal battle against car manufacturer Renault due to the choice of name for the companies new electric car.
Zoe Renault was enraged by the companies plans to name their first venture into renewable energy the Renault Zoe.
The Parisian students has instructed lawyers to send written correspondence to Renault insisting that the name constitutes an on her human rights.
Zoe agues that by having the same name as the car would be “unbearable”, saying:
"It would be unbearable for me to hear ‘the Zoe has broken down’, ‘we have to get the Zoe overhauled’ or ‘so and so killed themselves in a Zoe.’"
A spokesperson for Renault has said that the name was that of the concept and not definitive but also that they are committed to a memorable name for the car.
Aug
3
2010
A learner driver has been quoted an astronomical £17,000 to insure his Vauxhall Corsa for a year.
The vehicle, which is only valued at £2,000 is 17 year old James Hayes first car and shows the reluctance that insurance companies are having insuring young drivers or first time drivers.
The failure to offer reasonably priced insurance to younger driver is also being blamed for the sudden increase in numbers of incidents involving drivers without insurance.
Statistically young men aged between 17 and 20 are ten times more likely to be killed or seriously injured on the roads that older drivers. Also one in five new drivers will have an accident within six months of passing their test.
Failure to have insurance has also impacted on other motorists with the current bill for uninsured accidents stands at £500m a year.
Watchdogs say the punishment for driving without insurance is not enough as people can get away with as little as six points on their licence and a £200 fine.
The average price for insurance is around £700 but young driver can expect to pay nearly three times this for their policy.
James Daley editor of Which? Money said:
“Uninsured driving is just a knock-on effect of insurers charging high premiums. If insurers really want to combat this then they need to come up with innovative solutions to help young drivers reduce their costs.”
Jul
30
2010
Vauxhall has recalled a number of vehicles after concerns of sudden hand brake failure.
The Vehicle affected is the Vauxhall Corsa with registrations plates with a 59 or 10 identifier. The fault lies with the fitting of the handbrake cable. The cables supporting bracket could move under the body of the vehicle and as a result there could be a sudden loss of hand brake function. In a statement, Vauxhall said:
“There is a possibility that the handbrake cable end fitting could move within the supporting bracket welded to the under body of the vehicle. If this fault occurs, it might lead to a sudden loss of handbrake function at any time.”
This is the latest in a few recalls Vauxhall have issued. The Corsa was recalled in 1998 because of a possibility of fire risk, in 2008 for a loss of breaking function and for the possibility of a steering failure in 2007.
In addition, The Driving standards has issued a statement saying they will not be using the Corsa as a test car until the problem is rectified.
Jul
23
2010
The Insignia has been with for nearly a year and a half now and it has been flying (not literally) out of the show room. In the period since its release, more than 55,000 units have been sold. The car appeals to fleet car customers who like the all wheel drive models and a plethora of new technologies. The retail market has also been interested in the car. According to Vauxhalls own figures, private sales now account for 35% of the share, which is a significant improvement on the previous model; the Vectra.
Award winning: The insignia has won over forty awards
The car itself has been winning award left, right and centre. These include the prestigious European Car of the Year 2009 and over 40 others. else where in Europe the car is doing well in the market. In ten other countries the car has managed to be either the best of second best or second best selling car in the mid-engine sector.
The 4×4 system has also been more readily available: There will be a new diesel version. previously the system was only an option for the 2.0 and 2.0-litre petrol engines. The new 2.0-litre option will roll out into the showrooms in September this year.
The cabins have proved to quieter still in the diesel version as the Vauxhall engineers has played with the engine to decrease noise and vibration.
The engines aren’t the economical though: With Co2 emissions of 129 – 268 g/km, you won’t be saving much on your fuel bill. It will cost you about £9 – £22 to go 100miles.
The Vauxhall does have loads of space, with a boot big enough to fit your dog and some shopping in. The rear seats also fold down for additional boot space. On the subject of the rear seats, two adults will be very comfortable in the rear. The centre seat would be good for a small child and the handy armrest which folds down from the centre, makes it easy for the other adults to rest their elbows.
Prices from new start from around £17,000 and go up to £30,000 and you can lease one for around £230 a month.
Jul
21
2010
Vauxhall today revealed that they have been honoured with the Driver Safety Award after being shortlisted for three awards at the recent Brake Awards Ceremony.
Simon Monk, Company Vehicle Operations Manager said:
“I am absolutely delighted, this really validates the work we have collectively done over the last 5 years to improve our employees’ driver safety.”
The award comes after repeated work by the company to improve brakes after they were forced to recall over 250,000 vehicles in the Vectra range due to braking being released involuntarily.
Julie Townsend, Deputy Chief Executive at Brakes said:
“The Fleet Safety Forum Awards for Excellence 2010 was a great success with record breaking level of entries and attendance.”
The awards which are held to recognise the rapid development of road risk management raised over £2,000 for the road traffic charity Brake who help people suffering from the effects of road traffic accidents.
When collecting the award Vauxhall representatives paid special thanks to Bill Parfitt Chairman and CEO of Vauxhall motors saying that his “relentless commitment to safe driving practices has been a constant inspiration for all employees.
Interested in an award winning Vauxhall? Take a look at Leasebam who will find the best price for a leased vehicle.
If you currently own a Vauxhall but need replacement parts, brakes or otherwise take a look at CarSpareFinder who will search nationwide breakers to find the best deals for you.
Jul
19
2010
Vauxhall have revealed that the 2010 Corsa will be the first to have Start/Stop technology installed.
The development allows driver to increase fuel economy to around 70.6mpg almost seven percent up on previous models.
Start/Stop works by shutting of the engine when the car is stationary at traffic lights or crossings, rather than the current method of leaving the engine idle. When the traffic lights turn green or traffic starts moving all the driver has to do is press the clutch and the car will restart, they then engage into first and it’s off.
Obviously all the cars systems such as steering control, braking etc are maintained whilst the engine is shut off. Vauxhall believe that urban drivers will reap the most benefits from the system as this is where this sort of traffic is rife. Start/Stop can also be easily turned off if on a long journey for example, all the driver needs to do is press a designated on/off button on the dashboard.
To take up the Start/Stop technology will only cost £260 extra, if you’re interested in getting a new Vauxhall Corsa why not get a quote from Leasebam who will search local dealers for you and try and get the best price.