Buying A Car For Your Business? How To Be Sure Of Its History


When buying a used car, most of us know the importance of asking to see the vehicle’s service history. You can also use the Gov.UK website to check MOT history, but there is another way to gain access to even more useful information that you can use to base your purchase decision on. A Hire Purchase Inspection, more commonly known as a HPI check, delves deep into the most critical information you need to know about a vehicle. Here’s how it works.

What Are The Risks Involved?

According to the RAC, nearly half of motorists who have ever purchased a used car on the private market believe that they were deceived by the person who sold it to them. One of the most serious ways this could occur is through some kind of outstanding finance owed to a leasing vendor. If this is the case, you will be required to pay off the outstanding balance or risk losing ownership of the vehicle.

Thankfully, a HPI check can validate if this is the case. It can also find out if the vehicle has ever been reported stolen or written off by an insurer as a result of damage. Finally, a HPI check will search the National Mileage Register to give you the most accurate estimate for the vehicle’s mileage. According to an Experion study, as many as one in ten of certain models are at risk of having their mileage clocked.

Dealing With The Information

While services from companies like Cap HPI will provide you almost all the information you need to make an informed decision, some details that are still left unknown. This is because car check services only provide you with information that’s actually been recorded against the vehicle. What this means is that just because a car shows up as accident-free on the test, that doesn’t necessarily mean that it has never been involved in an incident.

This is important to remember because many drivers today look to repair their vehicle outside of their insurance company as a way to protect their no claims bonus. When purchasing any used vehicle, make sure that you have a qualified mechanic look the car over, from top to bottom, to see if there are any problems that may have gone unnoticed. Not only will this protect your investment in the long-term, but it could also save you a lot of time.

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Will Hope

Will Hope is a marketing professional from Harrogate. His passions are business, technology and Harrogate Town FC.