Author: mark

BMW have announced that they are recalling 1.3 million 5 and 6 Series models, including 109,000 cars in the UK.

The models affected were built between 2003 and 2010.

The German car firm said of the recall that “in some remote cases, the battery cable cover inside the boot of these vehicles may be incorrectly mounted”.

“This can result in the electrical system malfunctioning, the vehicle failing to start and, in some cases, to charring or fire,” the company went on to say. 

A company spokesperson has confirmed that they are not aware of any incidents or injuries caused by the fault.

BMW is currently writing to owners to advise them of the recall. The repair will take around 30 minutes to complete at a BMW workshop.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

Hi Waseem,

As you know I collected the car on Friday and all the finance was in place and correct on my arrival at the vendors garage, as promised.

I would like to take this opportunity to thank you for all you did to facilitate the Oracle loan for this vehicle and to say that you did everything in a very courteous and efficient manner, I couldn’t have been more pleased with your handling of the entire process.

It is quite likely that friends and family of mine will be looking for similar finance deals in the future and I will certainly highly recommend you and your Company to them.

Thanks again,

Ferrari has announced the F12berlinetta, the highly-anticipated successor to the 599.

The F12berlinetta is the “most powerful and high- performance” Ferrari road car ever launched, powered by a 740hp, 6.3 litre v12 engine.

The F12berlinetta can reach 0-62mph in 3.1 seconds and 0-124mph in 8.5 seconds. It completes a lap of Ferrari’s Fiorano test track in 1min 23 seconds.

The F12berlinetta is due to be officially unveiled at next week’s Geneva International Motor Show.

Although Ferrari hasn’t revealed its price, it is expected to cost between £240,000 and £250,000 in the UK. First UK deliveries are thought to be in late 2012.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

Jaguar has released images of the new XF Sportbrake, which is due to make its debut at the Geneva International Motor Show next week.

The new Jaguar, which is based on the XF Saloon is marginally longer and weighs approximately 70kg more.

The XK Sportbrake is scheduled to hit showrooms from the third quarter of 2012 and prices and specifications will be revealed later on in the year.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

Kia Motors Corp has released pictures of their first ever rear-drive car. The K9 is set to be introduced in its home market of South Korea later this year and will not be sold in Western Europe or China.

Kia spokesman Michael Choo confirmed that “The name for export markets will not be K9”.

Soon-Nam Lee, Kia’s Director of overseas marketing said, “K9 is our first rear-wheel-drive large sedan, created without compromise in its design, driving performance and new technologies. K9 sets a whole new level of standards and values in the large sedan segment, and its design will be another Kia demonstration of our brand’s power to surprise the world”.

Land Rover’s concept for a convertible version of the Range Rover Evoque is due to make its debut at the 2012 Geneva International Motor Show next month.

Land Rover Design Director, Gerry McGovern said, “the Evoque lends itself beautifully to the idea of a convertible. This study is not a traditional convertible design execution – instead we have worked with the balance of the Evoque’s lines to retain its distinctive shape and create something that is unique and, we believe, highly desirable.”

John Edwards, Land Rover Global Brand Director said: “The Evoque Convertible Concept is a new twist to the Evoque story and explores the potential to further extend the nameplate’s appeal by giving existing customers more choice, whilst at the same time reaching out to a completely new customer base. We are excited to see the response to this concept as we assess the potential for building on the Evoque’s exceptional success so far.”

The Range Rover Evoque has been on sale six months and is enjoying strong sales around the world.

Despite the current confusion and uncertainty surrounding feed-in tariffs, Oracle Finance has decided to go ahead with installing solar panels at its prestigious Head Offices in Knaresborough, North Yorkshire. 

Oracle Finance is committed to cutting its carbon footprint and this is the next stage of this year’s sustainability strategy. 

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

On 8th March the 82nd Geneva International Motor Show will open its doors to the public. The show is regarded as one of the most important international motor shows and this year 260 major car manufacturers, specialists and designers will be exhibiting.

The Geneva Motor Show will be the scene of the world premiere of some of the world’s most exciting car manufacturer’s new and updated models. This year look out for the unveiling of the new Bentley Continental GT V8, BMW M6, BMW 6 series GranCoupe, Maserati GranTurismo Sport, Audi RS4 Avant and Ferrari California among others.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

 

Having enjoyed an illustrious racing career, a classic Ferrari has changed hands for £20.2 million, making it the UK’s most expensive car sale. The rare Ferrari 250 GTO, one of only 39 to be built between 1962 and 1964, had a 6,000 price tag when it was manufactured in 1963.

The sports car, number 5095, is understood to have been sold by British businessman Jon Hunt who bought the car for what was then a world-record at £15.7million in 2008. The GTO is now thought to be on its way to Spain.

Chairman of classic Ferrari specialist Talacrest, John Collins, confirmed the sale but declined to say whether Mr Hunt did actually own the GTO.

Finishing second, the GTO made its motorsport debut in the 1963 at the Tour de France road race, driven by Carlo Maria Abate and Lucien Bianchi. It then went on to win three competitions the following year; the Rallye du Limousin, the Rallye de Picardie and Les Andelys hillclimb.

The 250 GTO was fitted with a 3.0 litre V12 engine, and had a 0-60mph time of around 6.1 seconds and a top speed of 174mph.

The GTO is the second most expensive car ever sold in the world after a 1936 Bugatti Type 57SC was sold ‘between £20 and £26million’ in 2010.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

Ahead of the Geneva Motorshow, BMW have released the first pictures of the new rear-wheel drive BMW M6 Coupe and Convertible.

Closely related to the new M5, the M6 shares the same 552bhp 4.4-litre twin-turbocharged V8 engine (more powerful than its close rival, the Jaguar XKR-S) as well as the seven-speed M double-clutch transmission gearbox. The Coupe reaches 0 to 62 mph in 4.2 seconds and the Coupe in 4.3 seconds and both are electronically restricted to 155mph unless the customer goes for the M Driver’s Package, which reaches a top speed of 189mph.

They are fitted with BMW’s fuel-saving EfficientDynamics technologies, resulting in less fuel consumption, and bringing CO2 emissions to 232g/km (239g/km for the convertible).

Both models are on sale in the UK on 15 September 2012, with the Coupe costing £93,795 (£20,000 more expensive than a new M5) and the Convertible £98,995.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997