Clocked used cars increase by 10% over the last 5 years
Friday, March 16th, 2012HPI, the vehicle history expert, has warned consumers (and fleet customers) that they need to protect themselves from the risk of buying a clocked car. The latest figures from HPI reveal an increase of more than 10% over the last 5 years in the number of used cars it checks that have recorded a mileage discrepancy.
According to figures from HPI’s National Mileage Register (NMR), over 1 million cars it checked in 2011 had an inconsistent mileage reading, leaving many used car buyers vulnerable to paying over the odds for their vehicle.
Kristian Welch, Consumer Director for HPI, commented,”It is simply too easy for sellers to hike up the value of a car by turning back the miles on the odometer, making clocking one of the biggest risks for consumers. Worryingly, we are seeing a new trend whereby some owners are clocking a car regularly throughout their ownership, making it even harder for buyers to establish if a vehicle’s mileage is correct”.
A further problem highlighted by HPI is that some people who are returning their leased cars to the leasing company, adjust the vehicle’s mileage so that they meet the terms of their PCP /PCH(personal contract plan/leasing) agreement, which is further adding to the problem.
Unfortunately, modern digital odometers make it much easier for clocked vehicles to evade detection. It is not illegal to change a car’s mileage but not declaring that mileage change to a potential buyer is.
Clocking a used vehicle can add potentially hundreds of pounds to the value of a used car, plus unsuspecting buyers could be saddled with higher running costs further down the line, as the vehicle is likely to have more general wear and tear than expected, and may have missed its servicing intervals.
If you are buying a used car, an HPI Check includes a mileage check as standard, offering you the safeguard against the growing danger of clocking.
HPI’S TIPS ON SPOTTING A POTENTIALLY CLOCKED VEHICLE*
- Check the service history – Check all the mileages displayed in the service history and look for invoices and service stamps from a genuine dealer or servicing outlet.
- Speak to the previous keeper – Contact the previous keeper if possible to confirm the mileage of the vehicle when they sold it.
- Trust your judgement –Look for any evidence that may indicate clocking – anything out of keeping with the general condition of the vehicle (worn seats for example on a low mileage car).
- Check the mileage again – Clockers sometimes wind back the mileage for the first viewing and then return it to its original value once you buy it. Check the mileage is the same when you pick up the vehicle.
- Look for signs of wear and tear – Does the wear and tear on areas such as seats and the steering wheel match its mileage? Look out for brand new easily replaceable parts, which don’t match the vehicle’s displayed mileage.
- Conduct an HPI Check – Don’t take the risk and let HPI check its mileage database of 135 million mileages.
*Many of these signs detailed could be completely innocent, so do look for more than one of the above as possible evidence of clocking.
Alternatively before you buy a used car why not look at leasing a new vehicle? The costs to do this are really attractive and you don’t have to worry about clocking as the car is brand new.











