As Trading Standards take tougher action on dealers who fall foul www.hpicheck.com HPI is urging used car dealers to make vehicle history checks standard on all stock, regardless of the vehicle’s age, after a Trading Standards investigation led to a trader from Wales being successfully prosecuted for unwittingly selling on a car with outstanding finance … Continued
The latest figures from cap reveal that the supercar market could offer a sound return on investment if buyers choose the right make and model. Overall, supercar and some sports car used values have remained level in a depreciating marketplace, but some vehicles are enjoying strong appreciation. Philip Nothard, cap consumer and retail editor, explains, … Continued
People are strange, and nowhere is this more obvious than in the wonderful world of motoring, where people do some truly bizarre things. To prove it, we’ve had a look at some of the weird and wonderful pursuits that people have got up to in 2015. Scrapheap challenge At the start of the year a … Continued
Buying a used car can be stressful enough, without having to worry about whether or not the vendor is trying to rip you off. Unfortunately there’s a high chance of this, as one in every three HPI checks flags up some sort of problem. It could be that the car is subject to outstanding finance, … Continued
HPI urges dealers to protect themselves from the risks Over 70% of dealers surveyed by HPI, the automotive technology solutions provider, are concerned about damaging their reputation by inadvertently selling on a clocked vehicle. With 1 in 20 cars checked with HPI recorded as having a discrepant mileage, dealers are right to be fearful of … Continued
HPI urges consumers to be aware of their ‘early right to reject’ www.hpicheck.com On 1st October 2015, some of the biggest changes ever in consumer law will take place and, HPI, provider of the HPI Check®, is urging used car buyers to be aware of their new rights. The Sale of Goods Act is set … Continued
Expert advice on how to spot if a car is stolen. Last year, fewer cars were stolen in the UK than at any time in the last half a century. But there were still almost 70,000 cars separated illegally from their owners, some of which will have been broken for parts or shipped overseas. A large … Continued
USED CAR BUYERS UNAWARE OF THE RISKS OF OUTSTANDING FINANCE Our recent survey reveals 42% of used car buyers are unaware of the risks of outstanding finance. Our latest survey reveals that a staggering 42% of used car buyers don’t know who legally owns a car that has finance owing on it. The truth is that a … Continued
VICARS SELLING USED CARS ARE CONSIDERED ‘DIVINE INTERVENTION’ BY PRIVATE BUYERS Our recent survey reveals 1 in 4 car buyers would most trust a vicar when buying a used vehicle. When asked what profession a used car buyer would most trust buying from when looking for a used car in the private market, one in … Continued
The end of October marks the end of British Summer Time and, as we turn the clocks back, we want to remind you used car buyers to watch out for unscrupulous sellers turning the clocks back on their mileage readings. Known as ‘clocking’, this not only adds significant value to a vehicle, but it could … Continued
As HPI confirms, this week, that its National Mileage Register (NMR) now exceeds 150 million mileages, the BBC’s The One Show* puts the spotlight on the growing threat of car clocking. Leading with HPI’s figure of one million clocked cars on UK roads, The One Show went on to report how one used car buyer … Continued
