Latest Articles
News Categories
Manufacturer News
News Archive
Used car buyers warned about insurance write-offs
Sep 17 2008Car buyers have been advised not to be "taken in" by the appearance of a used car but to be wary of whether the vehicle is actually an insurance write-off.
When conducting a Used Car Search, car buyers may be tempted by "shiny paintwork and a low prices", Daniel Burgess, automotive director at HPI, said.
However, Mr Burgess warned that some vehicles can be "hiding a multitude of faults" that have never been repaired.
The expert explained that a recent report by the UK Car Body Repair Market showed write-offs now account for a quarter of all insurance claims.
"An HPI Check will spot one of these cars enabling the car buyer to ensure they are getting the vehicle for the right price, or walking away from an unsafe vehicle," he stated.
HPI's used car valuations expert Martin Keighley recently urged motorists considering buying a new car to think about how its value may depreciate before they commit to a purchase.
More from Motoring News
First Ever Pay as You Go Car Charging System in UK
Created Feb 9 2012
For the first time ever a Pay as You Go car charging scheme is operational in the North East of the UK.
More from Motoring News
Car Dealers Caught Between Volume Reductions and Rising Values
Created Feb 9 2012
Car Pricing guide CAP Black Book warns that dealers will come under increasing pressure from increasing trade values of used cars on one side and volume reductions on the other in the coming months.
More from Motoring News
More low Emission Zones for UK
Created Feb 7 2012
If you are adamant that your next car finance deal will be for a “green” car, here is good news: the United Kingdom could soon become one huge Low Emission Zone, according to at least one transport guru.
More from Motoring News
Running Costs of Electric Trucks Lower Than That of Diesel
Created Feb 4 2012
The Centre for Transportation and Logistics has just completed a new study during which it was found that electric commercial vehicles could be 9% to 12% cheaper to run than their diesel counterparts.
More from Motoring News
London far From Becoming Electric car Capital of Europe
Created Feb 3 2012
The reluctance of British motorists to sign up for car loan deals on electric cars means only one thing: London is very far away indeed from its target to become the electric car capital of Europe.
More from Motoring News
Those Awful Female Parkers
Created Feb 3 2012
When you signed up for your first car loan deal, your father might well have warned you against the terrible female parkers that you will come into contact with during the course of your driving career – and told you how to deal with them.
More from Motoring News
Huge Increase in Speeding Fines on the Way
Created Feb 2 2012
If it wasn't for cheap car loans, many cash-strapped motorists would find it nearly impossible to keep their vehicles on the road.
More from Motoring News
Toyota Hits Landmark 400,000 With Hybrid Car Sales
Created Feb 2 2012
In a recent landmark for low carbon vehicles, Toyota managed to surpass the 400,000 level with sales of its hybrid cars in Europe.
More from Motoring News
Those Awful Female Parkers
Created Feb 2 2012
When you signed up for your first car loan deal, your father might well have warned you against the terrible female parkers that you will come into contact with during the course of your driving career – and told you how to deal with them.
More from Motoring News
Huge Increase in Speeding Fines on the Way
Created Feb 1 2012
If it wasn't for cheap car loans, many cash-strapped motorists would find it nearly impossible to keep their vehicles on the road.
More from Motoring News
