adard H.P. Terms 1r Used Vehicles
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IMUM hire-purchase terms for lying used commercial vehicles up cwt. capacity have been standardty the members of the Finance
s Association. As from April 1, :s up to three years old will : a down payment of not less than cent, of the cash price, the balance
discharged within 36 months. vehicles will require a 25-per-cent. t with up to 30 months for payment. Association point out that gh these terms may seem harsh, in is those deals involving a small t with repayments over a long which are more expensive. The e of the new move is to ensure ire-purchase transactions concernvehicles are conducted soundly.
DRWAY DELAY: LONDON TO SPEND £28M. SOON kUSE of bad weather, the £5.8m. measter Motorway by-pass will not ly for opening until May next year of this coming November. Mr. Drake, Lancashire county surhas stated that the extension of stract time had no connection with :perience of the Preston Motor Joseph Rawlinson, chief engineer ndon County Council, last week iced that road improvements cost.8m. will start between 1959-62. 1948, improvements completed had m. and those under way £8m. The
20-year programme involved
ORK ROUND ON MAY 10
10 has now been fixed as the date uthe York round of the Lorry of the Year Competition. Frogs will start at about 9.30 a.m. must be sent to Mr. J. H. Tait, ands, Bishopthorpe, York, by 13.