HPI confirms the rise of the âcloneâ and warns buyers to protect against financial loss
HPI is warning used car buyers to protect themselves from the growing threat of car cloning - the vehicle equivalent of identity theft. Latest research from vehicle provenance expert, HPI, worryingly confirms that many consumers are still falling prey to the clone connoisseur and it urges buyers to apply simple but effective measures to avoid being left seriously out of pocket.
Criminals create a âcloneâ of a car by stealing the identity from another vehicle. They replace the number plates and VIN on their car with the stolen identity from an almost identical vehicle of the same make, model and colour. âCriminals are opportunists and will exploit any weakness, whether itâs in a carâs security system or its identity,â explains Nick Lindsay, Director of HPI. âIn the war against the unscrupulous, the motor industry has worked hard to improve the quality and accuracy of the data it holds on used cars. Inevitably, this has made selling a stolen vehicle without changing its identity, all but impossible, hence the rise in car cloning. This has not been helped by further recent news from the Driver and Vehicle Licensing Agency (DVLA) of suspect V5 vehicle registration documents circulating. However, despite this increase, many people are still unaware of the problem and even the police admit they donât know its true scale.â
The HPI* Check, which confirms a vehicleâs history, also provides buyers with the HPI Guarantee**. This provides up to £30,000 financial reimbursement in the event of the car not being everything it seems â including a Clone. The HPI Check is the only history check in the market to provide financial compensation in the event of a clone being bought**. Analysis of HPIâs claims data since 2004 has revealed that by educating consumers to arm themselves with the fullest possible level of information, helps them to spot a fake and walk away.
It is perhaps of little surprise that premium brands are high on the more sophisticated clonerâs shopping list, with Mercedes and BMW both featuring in the top ten of HPIâs clones claims analysis, accounting for 16% and 10% respectively. Closer analysis suggests that the Mercedes C Class and BMW 3 series are prime targets, along with the Audi A4 and the Volkswagen Golf and Passat, all of which have seen claims rise against them.
Interestingly, the Ford Transit, Mercedes Sprinter and Nissan Nivara all appear on HPIâs top ten, suggesting it is not just the prestige cars, but the labour wagons that offer criminals the greatest rewards. However, it is clear to see that claims for Mercedes Sprinter, as well as the Mitsubishi L200, have dropped significantly over the last 4 years.
Says Nick Lindsay: âLooking at our analysis we can see that criminals seem to target one model from a particular manufacturer before moving on elsewhere. It is not clear if this reflects market demand or if awareness and improvements to security measures influence this change.
To avoid buying a stolen or âclonedâ vehicle used car buyers need to check every aspect of a vehicleâs identity before parting with their cash. By following 3 simple steps, consumers can not only protect themselves but put a stop criminal activityâ¦
One⦠Always check the provenance of a car and double check both the Vehicle Identification Number (VIN) and Vehicle Registration Mark (VRM). Visit www.hpicheck.com for guaranteed peace of mind.
Two⦠Know the carâs market value. If you are paying less than 70% of the market price for a vehicle, it is probably a clone. There is rarely such a thing as a bargain.
Three⦠Donât pay with a substantial amount of cash, particularly if the car is costing you more than £3,000. Some cloners will take a bankers draft as part payment, because the cash part is sufficient profit without ever cashing the bankers draft. Most crooks selling cloned cars would rather walk away from a sale than take a payment that could be traced back to them.
Concludes Lindsay. âSimply checking against the VIN isnât enough and means a buyer could be leaving themselves vulnerable to cloners. Those blinded by a vehicle and who donât use due diligence, are putting themselves at considerable risk. If you buy a clone you stand to lose the car and the money you paid for it, as the stolen vehicle will be returned to its rightful owner. By conducting an HPI Check and following our easy steps, you can avoid falling into the cloning trap.â