The leasing sector is starting to contract.

GE Capital Solutions, number 8 in the top 50 leasing companies in the UK says it will no longer deal with fleets of less than 50 vehicles. The company says that it wants to concentrate its efforts in securing business in the larger UK corporate accounts and pan-European accounts, giving the smaller companies fewer choices and less competition.

Their total European fleet size is 350,000 vehicles so whilst this move may be seen to play to the strengths of the business it reduces competition in the SME sector which is where the help is needed.

Since the introduction of free movement throughout Europe it has become possible for drivers to hold two driving licences at the same time, one from his country of origin and another, quite legally, issued in the country in which he now resides.

This has led to a situation whereby a driver is convicted of an offence following which his licence is taken away only to be allowed to continue to legally drive a car using his second licence as his entitlement to drive in a European country. This loophole has now been closed by the European Court Of Justice following a case in which an Austrian driver living in Germany was banned from driving following a drink drive conviction.

He lost his German permit but continued to drive using his Austrian Licence. In this case advocate general Yves Bot ruled that driving licence authorities can refuse to recognise a pre-existing second foreign EU driving licence if the driver had a licence issued by that authority withdrawn by the courts. However, without a conviction for a crime where a driver would be disqualified, EU law still allows for both licences to be valid simultaneously.

I have been asked so many times for an Auto IS 200 series but they don't provide them in auto with the smaller engines and to step up to this car would normally cost you over £100 + VAT per month more. A fast sexy Japanese car - this is it and for much less than £300 + VAT per month - AN AMAZING DEAL! But it won't last long as stocks are limited so fill your boots now and tell a friend. What are you waiting for? Get your finance application in straight away before the deal is gone forever!

Lexus IS250 SR 4Dr Saloon Automatic

Please Note That These Cars Do Not Have Heated Seats

CAP who provide vehicle valuation guides based on achieved auction prices have said that they are about to launch a significant downward price review based on the continued drop in prices achieved by fleet sellers in auction.