Brits selling their used cars risk losing up to 10-20% on their sale by making this avoidable and costly mistake. And, with an ongoing cost of living crisis, the last thing motorists need is to miss out on thousands of pounds. To make car owners aware of this mistake and help them avoid them, Pamela Murdock, vehicle expert at used car supermarket, … [Read more...]
Fraudsters hunting personal number-plates
Fraudsters are targeting car owners for their private number plate registration as the new 73-reg is about to be launched. Owners stand to lose thousands of pounds in private number plate scams on social media and are helpless to stop it being repeated unless they take security steps. Jon Kirkbright, sales director at Platehunter, has over 11 years of … [Read more...]
One-in-ten car buyers victims of fraud
Some 10% of Brits have been the victim of fraud when buying a car, according to the latest ‘The Road Ahead’ research from Close Brothers Motor Finance. With the growth and evolution of the motor industry and its market, changes to the car buying experience over time have provided consumers with more choice, but also presented scammers with more … [Read more...]
Tradelines 19 October
The German car industry could grind to a halt over energy costs faced by component suppliers. The major motor manufacturers have taken steps to fix their energy costs but further down the supply chain the smaller parts makers are said to be struggling and facing cost increases they cannot manage so want to renegotiate terms with their customers or cease … [Read more...]
DVLA says Welsh cities among worst tax cheats
Cardiff and Swansea are among the top twelve areas which have the highest numbers of untaxed vehicles, says Wales’ based DVLA. DVLA has launched a new advertising campaign in the highest evading areas across the UK reminding motorists of the real risk of failing to tax their vehicles on time. The message is clear to motorists – if you do not tax your … [Read more...]
How dealers can identify and prevent digital fraud in showrooms
Fraud is an escalating problem in the UK as we become more reliant on digital documentations and transactions. Unfortunately, fraudsters are increasingly sophisticated in their methods targeting businesses and consumers all over the country. And car dealerships are no exception. To coincide with National Scams Fortnight, Seán Kemple, Director of Sales at … [Read more...]
Beware of on-line vehicle scams
On-line used vehicle scams are escalating, says a reference agency. Mark Bailey, Head of CDL Vehicle Information Systems which owns mycarcheck.com, said, “The sheer volume of online scams is off the chart this summer, with seasonal favourites like convertibles, camper vans and motor homes being targeted. “The staff at our Glasgow call centre speak to … [Read more...]
Clocking comes around again
Fraudsters have returned to “clocking” vehicles odometers to boost part exchange prices and escape mileage penalties under growing leasing schemes, says hpi. The number of cars on UK roads showing mileage discrepancies has risen to one in 16, a jump of 25 per cent according to new figures from hpi. The figure has leapt from one in 20 cars in 2014. The … [Read more...]
