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This month, the Government revealed its plans to consult on extending the MoT period from three to four years. HPI warns that this change could increase the risk of clocking significantly.
The plans were announced in the latest budget and have prompted an industry backlash concerning the risk to consumer safety. HPI believes that the extension will offer clockers the chance to turn back the mileage of cars and sell them on to unsuspecting buyers.
What is clocking? Clocking occurs when the mileage clock on a car is altered to make it look as if the car has done fewer miles than it has. More recently, the traditional method of physically rolling back to odometer has been replaced by computer gadgetry and digital read-outs but the dangers remain the same.
Buying a car from a Trusted Dealer will ensure that the car has not been lost or stolen or involved in an accident. Our 10 points of difference promise ensures that every car your buy from us has been thoroughly HPI or Experian checked to include mileage checks, mechanical checks, theft and write off checks and financial settlement checks. In other words, buyers who purchase from a Trusted Dealer can be safe in the knowledge that the car they buy is sound and.
In addition, the HPI Check offers a £30,000 Guarantee in the event of the information it provides being inaccurate, offering added financial peace of mind to used car buyers.
Neil Hodson, Managing Director for HPI, said; “There are clearly some safety concerns surrounding the idea of extending the MoT period by a further 12 months, but there is also an increased risk of fraud.
“Whilst it’s fair to assume that older cars are the most likely to have their mileage reading altered, the reality is that around a third of all cars checked by the trade with HPI are found to have a mileage discrepancy within the first three years of their life. Extending the period for a further fourth year, would see the number of pre-MoT cars with a suspect mileage, increasing, putting used car buyers at significant risk.
“Buying a clocked vehicle poses a real safety threat, not to mention the additional cost of unexpected repairs. We urge used car buyers to conduct an HPI Check to make sure the mileage isn’t going in reverse. The proposed extension on the MoT offers motorists savings on one hand, but it could cost them a lot more if it gives clockers a free ride.”
For a detailed guide on Clocking, ways to prevent it, and what to do if you buy a clocked car, click here.