25/02/2010

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.

Warning dealers not to fall foul of criminals looking to sell on these vehicles, HPI advises retailers to not only conduct an HPI Check to protect themselves, but use the HPI Check certificates as powerful marketing tools by displaying them on forecourt stock.

This means dealers can sell with confidence whilst giving customers true peace of mind.

"Unsurprisingly the large majority of vehicles stolen are cars and if we dig a little deeper, we can see that top of the list are 4x4s and compact executive-style cars. These are most commonly hitting our stolen register, together making up a quarter of all the vehicles HPI reveals as currently stolen," said Daniel Burgess, Director of Automotive for HPI.

"Roadsters and small family cars follow close behind, both at 8%, suggesting it’s not just the prestige fast cars, but the everyday smaller vehicles that are bringing criminals financial gain.

"The age of a vehicle appears to be a big factor in the type of cars stolen, with criminals most commonly targeting vehicles between four and eight years of age. These cars account for a whopping total of 45% of all stolen cars, probably because they can be sold on relatively easily and usually for cash, making it even easier for criminals to make a quick buck."

Where a check reveals a recorded stolen vehicle, HPI will investigate with the police to verify the status of the vehicle.

If the vehicle is confirmed as stolen, dealers are then advised to contact their local police force. The HPI Check protects dealers with the HPI Guarantee(3), which includes protection against buying a cloned vehicle - the only provenance service to do so.

(PR/GK)

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