Category: Uncategorised

Release of the Tiger

The Porsche Macan is due to go on sale in the UK next April, with Porsche believing it will enable them to beat their target of 200,000 annual sales, by appealing to both car enthusiasts and families. Macan translates to ‘tiger’ in Indonesian; however this car will not need to fight to be head of its pack. The Macan will be offered with three six-cylinder V6 engine models; the Macan Diesel S and Macan S costing £43,300 and the Macan Turbo costing £59,300, with further engines due for release in 2015. The Macan has already demonstrated it can perform, completing the Nürburgring lap in just over seven minutes. The Macan’s sporty appearance is sufficient to rival the Range Rover Evoque, offering wheel sizes from 17-21 inches and a very sleek bonnet.  The interior lives up to Porsches high-class standards, whilst being spacious and comfortable. Reviews suggest the Macan has a lot of ability on the road, coping fiercely with the variable road conditions. Porsche strikes again, succeeding to please both enthusiasts and families with this tough market contender.

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

Rover Revamp

The Design Director of Land Rover, Gerry McGovern has spoken out regarding plans for the brands future portfolio. Land Rover intends to clarify the positioning of products into Luxury, Leisure and Dual Purpose. The emphasis will be on developing the Leisure portfolio and segregating this from the Luxury, as these attract very different customers. The most recent models will join the Luxury portfolio, holding the Range Rover badge and are anticipated to become even more dramatic. The Dual Purpose portfolio will mainly consist of Defender models, with Leisure encompassing the Discovery badge. Land Rover are preparing for the expectation of global SUV sales increasing by 40% by 2020 through increasing their product range. The existing Freelander will be replaced with a new model; which is currently undergoing extensive testing at Nürburgring. Further details are expected early next year, with a model to potentially be shown at Paris Motor Show next September. The Evoque is also due more updates in 2015, in time for the following year, along with discussions of entirely new models to fit in between existing ones.

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

BMW Returns to Summer

The LA Motor Show hosted the debut of the BMW 4 Series Cabriolet. The convertible is offered with a variety of engines. At £36,675, the 420 Diesel SE has a top speed of 146mph and reaches 0-62 in 8.2 seconds. Next, the 428i SE priced at £39,515, can accomplish 0-62 in 6.4 seconds and has an electrically limited top speed of 155mph. Finally, the 435i Luxury costs £44,970, and has the least efficient engine, however it has the fastest reaching 0-62 in just 5.6 seconds. The 4 Series is offered with either a 6-speed manual or 8-speed automatic gearbox and all models have the start/stop system in place. The convertible carries an extra 300kg in weight from the substantial metal folding hardtop and is 26mm longer, offering a bit more interior room. BMW have added extra noise absorption into the folding roof, which goes down in under 20 seconds, unfortunately you do have to be travelling less than 9mph in order to do this! The BMW 4 Series Cabriolet comes with five equipment levels, ranging from basic to sheer luxury and is due to go on sale next March.

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

The continued demand for prestige and super cars has led the country’s leading provider of finance to the luxury car market to boost its sales team by more than a third.

Oracle Finance, which has offices London, Glasgow and North Yorkshire, has hired 12 new employees, taking its workforce to 36.

Each year the company underwrites some £250 million of funding each year. The recruitment drive comes on the back of a record October and a 20 per cent increase in business.

Oracle Finance managing director Peter Brook said: “2013 has been a very significant year for our company, and boosting our sales force by 33 per cent is a direct result of the sheer number of enquiries we are handling combined with repeat business from our existing customers.

The new additions to the Oracle Finance team will ensure we are able to retain our high level of personal customer service and help our clients drive away in their dream car.”

Mr Brook added: “Even in the height of the recession the luxury car market was relatively buoyant. Those wanting to own a prestige car were looking at the most cost effective way to purchase, and that’s where our expertise lies.

In addition to loaning our own money, we work closely with 15 different lenders all with their own specialist niche. This enables us to source the best deals for our clients and helps maintain our position as the country’s luxury car funder.”

Kicing Off the New Year with a Crossover

2014 is already off to a bright start with the Detroit Motor Show hosting the debut of Audi’s new 3-door crossover concept. The crossover coupe is 4.2m long, just a little shorter than the A3 and has a sporty finish.  This concept won’t be wearing a ‘Q’ badge and from the front it will look considerably different to the Q1, with a more modest chrome-framed grille and sleek rectangular headlights alongside it.

We are yet to find out what’s under the bonnet of this exciting concept; however it’s highly possible there will be a hybrid element involved. The concept will be a 4-wheel drive transmission with stunning 19 inch alloy wheels.

Audi have claimed this car will suit all roads and driving styles, suggesting it could be quite the crowd pleaser!

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

Range Rover Sport SVR; The Fastest Land Rover Ever!

The SVR is a faster, more extravagant version of the Range Rover Sport 4×4 and the first Land Rover to wear the new high-performance SVR badge.

With a supercharged 5.0-litre petrol V8 engine, the SVR is capable of 0-60mph in just 4.5 seconds, reaching a top speed of 162mph.  Equally impressive is its handling performance, both on track and off-road.  Land Rover state that the SVR’s engine has been developed to produce 550HP, while its 8-speed automatic transmission and 4-wheel drive have been optimised to complement the astonishing performance, whatever the weather.

The Range Rover SVR scores high on safety as well, mainly due to the fact that it is a large and sturdy SUV, equipped with the latest electronic safety systems, including Cornering Brake Control and Electronic Stability Control.  

The SVR features a pumped-up bodykit with a redesigned front bumper, new bonnet vents, a roof spoiler and 21-inch alloy wheels, with 22s as an option.  Similarly, the interior gets a sportier feel as well, with sports seating, aluminium trim finish and bespoke SVR badges.

The new Range Rover SVR is currently on sale, with prices starting at £95,150. 

Oracle Finance, providing flexible finance for exceptional cars.

T: 08450 944 997

A huge thank you to everyone at Oracle, in particular Waseem Afsar, for the magnificent service I received from start to finish to get me in my new BMW.

As someone completely new to car finance, I wasn’t sure how to go about it all, however, that was soon put to rest as Waseem took the time and patience to talk me through all the options and deals available and showed me how car finance through Oracle really is as easy as going to the shops for a pint of milk. His knowledge was second to none and was on call whenever I had any concerns/queries that needed dealing with. 

Superb professionalism displayed throughout the time I dealt with Oracle and the only shame is there aren’t other companies out there that can display this level of customer service! Would firmly recommend to others and will no doubt be using Oracle again in the future.

Just to say what a pleasure it is to deal with your company. I have been with you many years, the service and staff are superb, particular thanks to Lou who is just fantastic

Oracle Finance, the UK’s premier funding provider for prestige cars has seen a significant rise in sales for its new, tailor-made Range Rover package.

The package from the Knaresborough-based firm is specifically designed to cater for the luxury SUV, and is aimed at those who want to take advantage of the current exceptional low interest rates.

It allows customers to purchase their new car as a cash buyer, rather than being tied into a plan from the dealership which can be more expensive than is necessary,

Peter Brook, Oracle Finance managing director, said: “In the short space of time  since it was launched, we have seen a notable growth in sales of this product.

“A car is a significant purchase for anybody; and in the sports and prestige market perhaps even more so. By taking out an independent finance package you can avoid paying over the odds at the dealership and essentially make the purchase as a cash buyer, which could in turn even lower the price of the car.

“This particular package is proving extremely popular and while we are still recovering from the recession, anything that helps to save people money and stimulate the British economy is very welcome.

Mr Brook added: “The automotive industry has always been an indicator of economic prosperity – with sales picking up and the potential cost to the consumer coming down, this may be an early sign of better things around the 

corner.

“In March we were named the Alphera Broker of the Year and with recovery on the horizon, we are aiming to expand the business considerably over the next three years, both in terms of deals underwritten and staff we employ.

“You can expect to see a lot of people buying new cars in the coming years, many had held off doing so due to the downturn – but now things are improving 

and their cars are another year or two worse for wear.

“If we can encourage sales of cars by providing a low-cost alternative to dealership finance plans, then everybody benefits”

The UK’s premier funding provider for prestige and specialist cars, Oracle Finance, has filled the gap in the vehicle finance market following ING Lease’s 

departure.

ING pulled its asset finance arm out of the country late last year, as part of a global restructure designed to enable the bank to repay the Dutch government for aid provided during the 2008 financial crisis.

In 2012, the UK’s vehicle funding industry was valued at around £22 billion, with ING holding a five percent market share. The loss of its ING Lease UK business left around £1 billion worth of shortfall in the finance market. 

Oracle Finance, the Yorkshire-based funder and Alphera ‘Broker of the Year’, was one of the largest brokers that worked closely with ING and indeed helped to design some of ING’s products.

Peter Brook, Managing Director of Oracle Finance, said: “The prestige car market has definitely felt the impact of ING’s withdrawal.

“We were lucky in that we had already made plans to reduce our reliance on ING and their demise brought this plan into focus. We now have three new providers, one of which is exclusive to Oracle Finance.”