To run a car check simply enter the registration number and then the mileage of the car you plan to buy. From here you’ll get lots of information, but let’s focus on the crucial parts:
This is critical. If you buy a car with outstanding finance (and the owner doesn’t settle the balance before you actually own the car) such as Hire Purchase, Lease Contract Hire or PCP (Personal Contract Hire) you will lose ownership of the car unless you pay off the outstanding balance. But in almost all cases you will simply lose the car and any money you spent buying it. There are always varying circumstances with car financing but the overarching theme is that you will lose time and money, but most likely both. If the vehicle check shows up with money being owed via a “Stocking Loan” or “Demonstration Stocking” it simply means the car is financed by an outside finance company. Basically, the dealer doesn’t own the car. It belongs to the finance company but the dealer is the seller. These kinds of loans are very common from companies like Black Horse Finance and Moto Novo. You can use a company like DAMAGEiD to help you determine previous accidents too. Dealers are usually given 90 days to sell the car else the finance company will take the car back and enter it through auction. Talk it over with your dealer, check their liability and get confirmation in writing that the stock loan financing will be cleared on the vehicle before you buy it. The bottom line is, don’t take risks. If the car is showing up with finance owed, whether that be a dealer, a private sale or some other arrangement, don’t buy the car until the used car check is cleared or you have a written confirmation.
Car checker services reveal 40 stolen cars every single day! HPI gather information from the Police National Register for each query carried out. This means that the vehicle remains the property of the individual or organisation from whom it was taken. If your car checks flag up a stolen vehicle just walk away (and call the Police.).
This is a term for a vehicle that has been declared a total loss by an insurer following accident damage or theft. It’s true that some written off cars can be allowed back on the road provided they have undergone certain car checks. Category ‘A’ or ‘B’ write-offs must never reappear on the road, whilst ‘C’ and ‘D’ may do so following proper repair, passing an independent Autolign-approved structural examination. Unless you are willing to spend an immeasurable amount of money on a car that’s suffered accident damage it would make no sense buying one. In fact, if you were to buy an accident damaged car you’d want it to be one that has undergone all the proper independent Autolign-approved structural examinations that come from a resulting category C or D insurance total loss. This way you will know that the car is roadworthy.read more