24/02/2010

Car Buyer Clock Warning

Clocking remains a very real threat to used car buyers, with unscrupulous sellers seeing the clocking of a vehicle as an easy way to raise its price and make some extra cash.

HPI is warning consumers to remain aware of this potential pitfall when buying a used vehicle as they could end up paying hundreds, or even thousands, of pounds more than they should for it.

Nicola Johnson, Consumer Services Manager for HPI, said: "Our analysis shows that clockers are avoiding the high end vehicles and concentrating on the every day vehicles.

"The relative ease of clocking these vehicles combined with sheer volume being sold represents the quickest buck for them and the biggest risk to the consumer.

"Worryingly clocked vehicles may also represent a safety concern. Vehicles with incorrect mileages may have also missed important services and part replacement dates, making them unreliable and potentially un-roadworthy.

"This means motorists must do all they can to protect themselves from this type of fraud to avoid paying over the odds for a clocked vehicle and landing them with a potentially dangerous vehicle."

Eight out of every 100 vehicles checked by HPI show a mileage discrepancy. Modern digital odometers are now commonplace, making it even easier for clocked vehicles to evade detection, as the traditional tell-tale signs of damage to screws or poorly aligned number are not visible.

HPI’s National Mileage Register now contains over 135 million readings, giving buyers extra assurance that a vehicle checked by HPI has not been clocked.

With more vehicle information than anybody else, HPI also confirms the vehicle description, whether it is currently recorded as stolen, been written-off by an insurance company or is subject to outstanding finance. The HPI Check offers a financial guarantee, offering added peace of mind to used car buyers at a time when finances are tight.

Ms Johnson added: "Buyers who conduct an HPI Check can rest assured that we will also check the mileage of the vehicle they are purchasing- meaning they won’t be paying too much or make repairs long before expected."

(PR/GK)

Related Northern Ireland Motoring News Stories
Click here for the latest headlines.

25 February 2010
Renewed Car Theft Warning
The ever present threat of vehicle theft remains a real danger to dealers, with analysis from HPI revealing that 4x4s and compact executive-style vehicles are most at threat from being stolen.
01 April 2010
Kia Makes Price Changes
Kia increased the prices of some of its range by between three and four per cent from today, implementing the Government’s new Vehicle Excise Duty changes at the same time to "minimise disruption in showrooms and confusion amongst car buyers".
20 January 2010
HPI Helps Lotus Evora Launch
Lotus Cars has turned to the expertise and power of HPI Prospect Leads to drive forward the successful launch of the new Lotus Evora. HPI provided 1,800 quality leads to Lotus Cars, helping to create an effective marketing campaign designed to encourage test drives from existing Lotus owners and those that drive similar models from competitors.
11 March 2010
Tracker Help Crack Car Thieves
Stolen vehicle recovery company Tracker has been instrumental in helping police close the net on organised crime. Tracker's stolen vehicle recovery device located a stolen Golf GTi, leading police to a crime ring and a clutch of stolen cars.
02 March 2010
TBA
The UK leader in stolen vehicle tracking, Tracker has highlighted the growing problem with criminals exploiting loopholes in the shipping industry, which allows them to export stolen vehicles via the docks.