Whether you want to buy or sell a car, knowing its value puts you in a better position to negotiate its price with the potential buyer or seller.
When a car reaches the end of its practicality, owners have to get it scrapped and report to the DVLA. Once DVLA labels the car ‘scrapped,’ it cannot be sold. Unfortunately, some scrapped cars slip into the market along with the vehicles that are written off by insurance firms.
According to a report, a car is stolen every 5 minutes in the U.K, and this makes buying pre-owned vehicles very difficult. While buying from a dealership covers your rights through consumer legislation, purchasing from a private seller is a significant risk because you never know if the vehicle you are considering is stolen.
When you are out to buy a used car, your first concern is to know the vehicle’s background because it provides you information on its service history, mileage, how and where it was driven, and so on. Although the seller should give you all the information, sometimes they withhold specific facts.
Buying a new car on finance is very common throughout the world. In the UK alone, nearly 90% of new car deals are made on some kind of finance, which means most of the vehicles we see on the road have an outstanding loan on them.
Have you decided to buy your first used cars soon? If so, it is certainly a smart choice to make in this rising economy. However, the real challenge is to drive a car home that is in a sound mechanical condition.
Many years ago, checking the accuracy of a cars’ mileage and carrying out a mileage check relied on just a few available pieces of information.
The buyer would have to rely on documentation supplied with the vehicle that they are looking to buy.
You should never judge a used car simply on how it looks in the garage or runs during the test drive. Instead, you must carefully assess two crucial aspects, whether it was ever involved in an accident or badly damaged enough to be written off by an insurance company, before committing to buy it.
Car History For Free
Looking into a car history is an important step in the purchasing process. Without looking into a vehicle history, you won’t properly be able to determine whether you’re paying a fair price or whether the car is worth any money at all, for that matter.You owe it to yourself to check out a car’s history before committing to a purchasing decision. Luckily, getting that background check isn’t as difficult as you might think.
Keep reading to learn about five easy ways that you can learn about car history.
But what is a HPI Check?
A HPI check searches for the vehicle that you are buying using the registration number. It will then display background checks to you, these may flag up issues that aren’t visible to the naked eye. For example, stolen vehicle check, outstanding finance, MOT history and much more, but in order to gain a single comprehensive report like this you will need to pay up to £19.99 each time.