HPI reports reveal stolen vehicles amid second-hand cars

Date: 22/2/2012

HPI check reports discover 19 stolen vehicles everyday, it has been revealed.

The group stated that many of the motors purchased from second-hand dealers "have something to hide" and buyers must do some research to ensure they are not caught out.

Some one in four cars checked by HPI are still on a finance agreement and new owners could be liable for any outstanding payments.

Furthermore, four per cent of motors are considered to be a write-off or an insurance 'total loss', with underlying damage that is not always immediately noticeable.

"It's alarming to see used car buyers are still exposed to danger when looking to invest their hard-earned cash in a new set of wheels," Consumer Director for HPI Kristian Welch stated.

The expert added that people should be able to "shop with confidence".

Posted by Mary Treen