Lenders have joined forces with the police to help tackle illegal driving and take more illegal cars off the road.
The new Vehicle Recovery Scheme has been launched as part of a new partnership between the Finance and Leasing Association (FLA) - which represents the motor finance industry - and regional police authorities.
It is hoped the new initiative will help lenders keep their overall costs down by enabling them to reclaim cars driven illegally.
"We estimate that our partnership with the police could lead to over 20,000 illegal vehicles being taken off the road," said Paul Harrison, head of motor finance at the FLA.
He added: "This scheme will make the roads safer for law-abiding drivers and send a clear message to motorists breaking the law that their behaviour will not be tolerated by the police or finance providers."
According to the Association of Chief Police Officers (ACPO), police seized a record 170,000 uninsured vehicles during 2008, with an estimated two million uninsured motorists on the road.
ACPO is an independent, professionally led strategic body that coordinates the direction and development of the police service in England, Wales and Northern Ireland.
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