News - March 2010

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All the latest car industry news sourced by netcars car finance.

Car loans, car finance, new and used car industry news headlines are updated here daily to help keep you in touch with current market trends, new vehicles, what's hot and what's not.

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Car finance fraud is on the rise.

Buying a second hand car soon? Well, hold on, because you could be entering into a mine field of unhappiness for both yourself and your wallet.

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Financial woes for Toyota with the US DOT now involved.

With all of the car financial and reputation problems that Toyota are experiencing with its infamous recall fiasco, the US Department of Transportation (DoT) is considering enforcing car makers to install a device that will over-ride the brake and accelerator pedals should a car refuse to stop.

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Over the past 2 years there has been a big rise in interest rates for loans.

It has been revealed that within the past two years of Britain’s financial crisis and recession, banks have hiked interest rates on personal loans during our economic downturn, meaning personal car loans and other large purchases have been increased by hundreds of pounds.

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Virgin Racing: a car finance success story.

With this year’s Formula 1 season approaching shortly, there has been plenty of talk regarding the finances of many of the new teams.

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