HPI data reveals where consumers are most at risk from used car finance fraud in the UK www.hpicheck.com New data analysis from HPI, provider of the HPI Check®, reveals that Scotland has the greatest number of used cars for sale hitting the HPI outstanding finance register. The North West of England and Wales follow close … 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
The Metropolitan Police have signed up to our HPI CrushWatch initiative to support their campaign to clamp down on illegal motoring. As a result, HPI CrushWatch is stopping the Capital’s untaxed and uninsured vehicles from being crushed and returning them to the finance companies that own them. In the first 3 months of it joining … Continued
To celebrate the launch of HPI Spec Check, we’re offering it free* to dealers for a limited period. Take advantage today! Valuing new stock can be challenging, especially if a vehicle has a number of factory fitted options on it that could influence the price. But the launch of HPI Spec Check, a unique valuation … 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
HPI is extending HPI CrushWatch to alert motor finance lenders to vehicles impounded by the Driver and Vehicle Licensing Agency (DVLA) because the vehicle has no road tax. A car that is subject to a finance agreement which is driven without Vehicle Excise Duty (VED) is breaching the terms of the finance contract. Until now, … Continued
Take a look at the info graphic we’ve pulled together for you… and next time you wonder whether or not to take that HPI Check, remember some of these key stats…
