Press Releases
students driving

HPI helps put students in driving seat as they head off to university

As record numbers of students are offered university places for 2016, vehicle history check expert, HPI, is urging students who might be getting their first car to be thorough when doing their homework.

Philip Nothard, consumer and retail specialist at HPI said: “For students who are embarking on an exciting new life in a new city, owning a new or used car can be a real lifeline so it’s important to pick something that’s right, if a car is part of the plan. Many students will be owning their car for the first time so it’s key to remember that September is a great month to bag a bargain in the car calendar with some great finance deals available on new cars and large numbers of nearly new vehicles available in the market.”

Record low interests, coupled with manufacturer discounts on certain models, mean a new car has never looked more attractive.  Financial considerations are important as there are running costs to think about as well as the living costs associated with being away from home for the first time with small city cars an ideal first choice as they are economical, not too flash and great for getting around in.

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Press Releases
car recall

Car buyers warned to be aware of their rights and check if a vehicle is subject to a manufacturer recall

HPI Safety Recall Check offers consumer peace of mind against buying faulty cars.

Vehicle history check provider, HPI, is urging car buyers to be aware of their rights and remember to check if the vehicle they want to buy is subject to a manufacturer recall.

The warning comes as figures reveal that over six million vehicles have had recalls issued against them in the UK and been returned to dealers since the start of 2011, affecting manufacturers including Toyota, Honda, Vauxhall, BMW, and Fiat.

Fernando Garcia consumer director at HPI, said: “The problem of recalls just doesn’t seem to be going away. What the high figures demonstrate is just how commonplace recalls are now.”

The number of vehicle recalls rose dramatically in 2014/15 to a total of 39, a 30% increase from the 30 recalled in 2013/14, and with many on a major international scale.

The scandal over General Motors’ failure to promptly recall cars with a potentially faulty ignition switch in the US last year may have prompted other manufacturers to recall more quickly and frequently after identifying any likely faults or problems. Read more

Industry News
supercar

cap hpi reveals the 10 sports cars with the lowest Total cost of ownership

When it comes to speed and style, slipping behind the wheel of a sports car is hard to beat. The latest analysis from cap hpi looks at the total cost of ownership (TCO) to reveal the 10 sports cars with the lowest motoring costs over the first 3 years. Once all the servicing, fuel and other motoring costs are taken into account, which cars perform the best?

The Audi TT Coupe 1.8FSI sports 2DR has the lowest total cost of ownership, starting from £17,184.21, followed by the Toyota GT86 Coupe at £17,504 and the Subaru BRZ Coupe at £18,136.

Audi TT Coupe also has the lowest monthly running cost of £477.34, helping it secure the lowest TCO. Once again the Toyota GT86 and Subaru BRZ take second and third, respectively on monthly running costs. Read more

Industry News
car recall

4 out of 5 used car buyers don’t ask if the car they are about to buy is a manufacturer recall

HPI Safety Recall Check protects consumers against buying a car with a fault or default

In recent months, nearly 4 million vehicles worldwide have been recalled, with both Nissan and Vauxhall recalling faulty models; in 2015, car manufacturers issued more recalls than ever before*.  However, a new survey from vehicle history check provider, HPI, reveals that 83% of respondents admitted it hadn’t occurred to them to ask the seller of the vehicle they now own, if the manufacturer had issued a recall notice against it.

“With one in 10 unrepaired recalled vehicles still on the UK’s roads, and trading in the used car arena, safety must be paramount for buyers looking to invest in their next set of wheels,” explains Phillip Nothard, cap hpi consumer and retail editor.   “However, the good news is manufacturers offer an unlimited time for repairs, meaning second and third owners can still get a recalled vehicle fixed free of charge.”  Read more

Industry News

East Anglia revealed as the UK’s ‘stolen for sale’ car crime hot spot

HPI urges used car buyers to protect themselves from losing the car and the money they paid for it

hpicheck.com

Nearly 15,000 stolen cars being offered for sale were uncovered by vehicle history check expert, HPI, in 2015.  The latest figures from HPI reveal that East Anglia and London were the two regions where the greatest number of stolen cars were discovered by buyers who conducted an HPI Check®.  Scotland, North East England and Northern Ireland are where the least stolen cars were offered for sale.

Within East Anglia, Norfolk and Suffolk harboured the most stolen vehicles for sale, with South West London and Middlesex, being London’s hotspots.  Cambridge and Essex, both in East Anglia, also showed a higher propensity of stolen vehicles for sale than other areas across the UK.  Interestingly, Cambridge did not appear as an area of concern in 2014, but replaces Avon in HPI’s 2015 analysis.

“Consumers simply do not realise that if they unwittingly buy a stolen car that is later proven to be recorded as stolen with the police, they stand to lose both the car and their money,” says Philip Nothard, cap hpi consumer and retail editor.  “Once a vehicle is revealed as stolen, it will be returned to its rightful owner, whether that’s the previous owner or the insurance company that paid out a claim on it, leaving the victim with no car and, potentially, thousands of pounds out of pocket.”

HPI’s analysis of 76 areas across the UK (where the majority of vehicle history checks were conducted in 2015*) reports that Derbyshire, Leicestershire, Nottinghamshire, Midlands, Tyne & Wear, Belfast, Wiltshire and Devon had the least number of stolen cars advertised for sale.

To help buyers radically reduce the risk of falling foul of car thieves, HPI offers four simple, but highly effective rules consumers should apply when buying privately.

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Industry News
used car sale

Cheapest UK regions to buy a used car revealed

Big price variations for used vehicles across the UK are revealed in a new study from automotive data experts, cap hpi. The study shows that buyers could save over £1,600 on an Audi A1 by purchasing the vehicle in Nottingham rather than London.

Commenting on the results, Philip Nothard, retail specialist at cap hpi said: “Many factors affect the pricing of a used car from the numbers available in the market to demand in the local area. Where demand outstrips supply, we see price increases.

“There are a myriad of factors that mean different vehicles are cheaper in various parts of the country. The size of some of the variations is striking and it shows that it pays to do your homework before making a purchase.” Read more

Industry News
mot

70% of motorists confess to MoT renewal date confusion as a result of the changes to the tax disk system

cap hpi backs the RMI’s concerns that growing numbers of consumers are  

driving without an MoT

cap hpi applauds the latest initiative by the Retail Motor Industry Federation (RMI), to address road safety concerns as a result of the DVLA’s introduction of a monthly direct debit to pay road tax.  Whilst the move to help UK motorists spread motoring costs is greatly welcomed, research from cap hpi reveals that the new service is having a negative impact because people are failing to remember when their MoT test renewal is due, because this previously coincided with their road tax renewal.   Read more

Press Releases
HPI RECALL CHECK

HPI LAUNCHES RECALL CHECK

Working in partnership with the SMMT to protect consumers against buying a car with a manufacturing fault or defect

www.hpicheck.com/recall-check

Vehicle history check expert, HPI, is helping used car buyers to make even safer purchase decisions with the launch of the HPI Recall Check.  Now consumers can find out if a vehicle they are looking to purchase has been officially recalled by the manufacturer. The UK’s automotive industry boasts one of the highest recall and repair success rates across the world, exceeding 90% following a recall campaign; the launch of the HPI Recall Check supports this commitment, ensuring millions of vehicles remain safe.

Ian Rendle, Managing Director for cap hpi explains; “If a manufacturer spots a pattern of problems or potential problems, it will recall the cars affected to official dealers, so those faults can be fixed free of charge.  In some cases, recalled vehicles are being checked in case there’s a problem, not because there definitely is one. But, through no fault of the manufacturer, there are instances when a recall notice is missed, such as when a vehicle is transferred between owners.  Read more

Industry News

HPI applauds renewed focus by government to close down legitimate clockers

And warns motorists of the wear and tear dangers of buying a ‘clocked’ car

www.hpicheck.com

Long standing campaigner against so-called ‘mileage correction firms’, HPI, is applauding today’s news that Business Minister, Anna Soubry, has pledged a law change to close the loophole that enables fraudsters to wind back the miles on a vehicle’s odemeter.    As many as 1.7 million* used cars with a fraudulent mileage reading could be on the UK’s roads, posing a considerable danger to other road users.

Mileage correction firms are widespread throughout the UK, despite there being very few legitimate reasons for a vehicle to have its mileage altered – also known as “clocking”.  Clocking is used by criminals to boost the sale price of a vehicle, often adding thousands of pounds to the asking price**.  However, vehicle history check expert, HPI, warns that due to the computerised systems on modern vehicles today, clocking a car can have serious ramifications over and above a false mileage reading. Read more

Industry News

Don’t get caught out by outstanding finance warns HPI

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 against it.  With as many as 1 in 4 cars hitting the HPI outstanding finance register, the risk to dealers of damaging their reputation and facing judicial punishment is painfully high.

Although the dealer is known to regularly conduct HPI Checks, he admitted that he didn’t on all stock, particularly older vehicles, as was the case of the 55-reg Citroen C3 he sold on.  This mistake cost him and his two colleagues involved a total of £1,700 in fines, legal costs and victim surcharges, under the Consumer Protection from Unfair Trading Regulations 2008.

Neil Hodson, Deputy Managing Director for cap hpi, explains, “We’re often hearing about dealers being found guilty in a court of law for selling on clocked cars, be that intentionally or otherwise, but this case concerns outstanding finance which is actually rather rare.  Dealers should treat this recent prosecution as a stark warning, given a quarter of cars checked with us are on outstanding finance.”  Read more