HPI flags boast in clocking cases
Mileage clocking is on the rise across all car types, according to figures from HPI.
Comparing findings from 2005 with data collected last year, Compact Executive cars were deemed the type most likely to have had their odometer tinkered with, while Estate cars reported the biggest leap in the amount of corrupt mileages.
HPI found that 7.9% of Compact Executive models checked against HPI’s National Mileage Register (NMR) recorded a discrepant mileage, 2.2% more than in 2005. Concerns were also reserved for Luxury cars (7.7%) and Coupe models (7.6%), suggesting that more desirable cars are being targeted.
The findings suggest that examples of clocking have increased by 1.5% on average, meaning that 6.5% vehicles on the road will have been clocked.
The Performance and Hot Hatches segment reported the fewest incidents of clocking at 4.7% followed by Super-Minis at 4.9%.
Turning back
“It’s always been assumed that clockers will target older vehicles, turning back the mileage and pushing up the price,” says Daniel Burgess, Managing Director of HPI. “And to a certain extent that remains true.
“However, the majority of the vehicles checked by HPI in 2010 were just three to five years old, over half had less than 50,000 miles on the clock and only a third had mileages over 60,000.”
Mr Burgess had some words of wisdom for dealers and car buyers alike: “Mileage investigations can offer more than simple protection from part exchanging clocked cars and selling them on to customers.
“A sound mileage investigation strategy where previous keepers are contacted to verify mileages is not only best practice but can provide a sound legal defence for a dealer’s business.”
See also:
No comments yet
