HPI are calling on motorists to help shut down mileage correction firms
HPI are calling on motorists to help shut down mileage correction firms. HPI are launching an e-petition to help consumers fight back and make the Government take action.
Across the UK mileage correction firms are turning back the miles on used cars, helping certain sellers push up the price of vehicles. 1 in 20 cars checked with HPI show a discrepant mileage, and this figure has risen by 10% in the last 5 years. Phil Peace, Commercial Operations Director for HPI said “clocking itself isn’t illegal, but selling a ‘clocked’ car without declaring its true mileage is. There is rarely a legitimate reason to alter the mileage on a vehicle, and in the unusual instance this does need to be done, a reputable car dealership can do this for you. However, Trading Standards estimates there are 50 mileage correction firms operating in the UK. Some of these companies will be exploiting a legal loophole that could help unscrupulous sellers con used car buyers out of their hard-earned cash and we’re calling for a change to the law. A lower mileage can add hundreds or even thousands of pounds to the perceived value of a vehicle, so buyers have a lot to lose. Not only could they pay more than the vehicle is worth, but the car may need servicing and repairs sooner than the tampered mileage suggests. Consumers may not realise it, but digital odometers make clocking easier than ever to do and almost impossible to spot. Mileage correction firms are the main suspects believed to be fuelling this fraudulent activity and it’s time to close them down. Our e-petition will give motorists and the motor industry a chance for their voice to be heard.”
HPI urge all motorists to visit http://epetitions.direct.gov.uk/petitions/40393 to get behind the petition and close down mileage correction firms for good. 100,000 Signatures will force a government debate.