Q : What is Car Loans?

A : Car Loans are designed for those who wish to finance a car for personal use. It is the way you can borrow money from future. A car loan can give you immediate use of the car of your choice in exchange for regular payments over an agreed period of time.

Q : How about Features of Car Loans?

A : Before you make a decision on car loan which you choose, make sure that your financier offers them. Generally the features of car loan are detailed as follow.

- Payments can be arranged to suit your requirements.

- Cost like Registration cost, Road cost, Loan insurance & Comprehensive vehicle insurance may be able to be financed on the loan contract.

- For repayment, you can choose monthly or fornightly to pay during normally terms range from 12 to 60 months.

- A deposit may not be required, moreover if you do, maybe you will receive some benefits like lower repayment or shorter term.

Q : What is benefit for you?

1.If you also use your car for business purposes you may be able to claim part of the interest and depreciation charges as expenses against your taxable income.
2.Payments may be able to be made by direct debit from your nominated bank account.
3.You may build up equity in the asset.
4.Fixed payments for the term of the agreement allow for more accurate budgeting and protect you against interest rate fluctuations.

Saturday, June 28, 2008

British Racing Drivers' Club


The story of the British Racing Drivers' Club started way back in the days of the famous Bentley team that so effectively, and romantically, dominated the racing scene - Le Mans in particular - during the late 1920s.

The founder of the BRDC, Dr. J. D. Benjafield, one of the famed 'Bentley Boys' at Le Mans, was keen to organise dinner parties after races for his friends and drivers. It was these dinner parties which were the seeds from which grew the highly prestigious and much respected British Racing Drivers' Club that we know today.

The Club was inaugurated early in 1928, with twenty-five members and a clear set of objectives. These were to promote the interests of motor sport generally; to celebrate any specific performance in motor sport; to extend hospitality to racing drivers from overseas; and to further the interests of British drivers competing abroad.

At that time, membership was restricted to racing drivers of proven success and experience, and quickly grew following the decision of the BRDC to move into race organisation. The first Club-organised event, the BRDC 500-Mile Race, took place at Brooklands in October 1929 and the BRDC badge quickly established itself as a regular feature on overalls worn by the Club pioneer drivers.

After the Second World War, the BRDC became a major force in international motor racing, taking over the lease of Silverstone from the RAC in 1952 and subsequently purchasing the site's freehold from the Ministry of Defence in 1971. The Club through its wholly-owned subsidiary company, Silverstone Circuits Limited(formed in 1966 to develop the commercial aspects of the property), then set in motion a major redevelopment of what had been a wartime bomber training base producing one of the foremost motor racing facilities in the world. A Masterplan for the development of Silverstone is currently being implemented, with the long term security of the British Grand Prix the aim for both the BRDC and Silverstone Circuits Limited.

The entry criteria to the Club remains very strict with Full membership offered only to those ladies and gentlemen who have attained international success over a number of seasons. Associate membership is offered to those persons who have made a significant contribution to the sport and Honorary membership is bestowed upon only a special few, including F1 World Champions who by dint of nationality do not otherwise qualify. Every British or Commonwealth World Champion is, or has been in their lifetime, a Full Member of the Club.

Silverstone Circuits Limited promote a number of major international race meetings at Silverstone, including the British Grand Prix, plus rounds of the rounds of the FIA GT Championships, The British Touring Car Championship, Le Mans Series, British SuperBikes, British F3-GT and the Walter Hayes Trophy to name a few.

As a Club, the BRDC has grown to become the most prestigious motor racing club in the world and today, membership totals over 850.

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