IF YOU BUY A LAMBORGHINI, MAKE SURE YOU CAN AFFORD THE INSURANCE!

HPI CrushWatch Makes the UK’s Roads a Safer Place For Law Abiding Motorists

HPI CrushWatch from vehicle history check expert HPI,saved over £56 million worth of vehicles that were being driven without insurance, from being crushed at the instruction of the police in 2014.  Shockingly, supercars and prestige vehicles are often being driven by insurance evaders. However, popular, high volume makes of car, such as Vauxhall and Ford top the culprit’s chart.

The highest value vehicle HPI CrushWatch identified in 2014, was a Lamborghini Aventador worth £309,000. Rolls Royce, Bentley and Lamborghini vehicles dominated the list of top 10 highest value cars recoveries. Owners of the Vauxhall Corsa and Vauxhall Astra are the most likely to drive uninsured, with nearly 1,000 of these models being reclaimed in 2014.  The Ford Focus came in third, with the Fiesta in fourth, showing that popular, mid-range vehicles are frequently hitting the HPI CrushWatch register.

Working under the umbrella of the Finance & Leasing Association’s (FLA) Vehicle Recovery Scheme, HPI CrushWatch brings together motor lenders and Law Enforcement Agencies to enable lenders to reclaim uninsured cars which could have been sold on or scrapped by the police without their knowledge.  Not only are the FLA and HPI  taking steps towards closing the net on insurance and tax evaders, they are making UK roads safer for law abiding motorists.

Neil Hodson, Managing Director for HPI, comments, “Although, the majority of cars we recovered in 2014, are popular, lower priced vehicles, we also helped recover a significant number of high-end makes and models.  Along with some astonishing supercars, we recovered a significant number of Audi, BMW, Land Rover and Mercedes-Benz vehicles.  It’s clear that insurance evasion crosses social and financial boundaries.”

Top 10 Recoveries by Value:

1.      Lamborghini                           Aventador                                          £309,000
2.      Rolls Royce                            Wraith                                                 £189,700
3.      Rolls Royce                            Ghost                                                  £129,300
4.      Bentley                                     Continental GT                                 £114,900
5.      Bentley                                     Continental GTC                              £98,700
6.      Lamborghini                           Gallardo Spyder                               £93,000
7.      Lamborghini                           Gallardo                                            £90,500
8.      Mercedes-Benz                      G63                                                    £90,500
9.      Audi                                          R8 Spyder                                         £86,100
10.   Land Rover                              Range Rover Autobiography        £83,800

Top 10 Models Most Commonly Recovered:

Vauxhall Corsa 503 £1,390,845
Vauxhall Astra 431 £2,032,260
Ford Focus 358 £2,286,780
Ford Fiesta 302 £1,415,750
BMW 3 Series 274 £2,235,205
Volkswagen Golf 253 £1,910,935
Mercedes-Benz C Class 238 £3,028,715
Ford Transit 206 £1,278,505
BMW 1 Series 202 £1,910,975
Audi A3 153 £1,210,130

Top 5 Marques Most Commonly Recovered

Vauxhall 1298
Ford 1183
BMW 678
Volkswagen 555
Mercedes-Benz 536

 

About HPI:

Originally established in 1938, HPI Limited is a primary source of vehicle information for the UK motor industry and motoring consumer which, since December 2008, has been owned by Solera Holdings, Inc.  Solera Holdings, Inc. is an integrated group of leading automotive claims solutions companies. Founded in January 2005 by Chairman and Chief Executive Officer Tony Aquila, Solera has expanded its geographic reach and now serves more than 55,000 business customers in over 50 countries across six continents.

HPI encompasses both the HPI database of all UK road registered vehicle descriptions and histories, and the National Mileage Register (NMR) which holds in excess of 200 million mileage readings.

Together, HPI and NMR represent one of the UK’s largest vehicle information sources, combining and interpreting data from government agencies, industry bodies, private organisations, the police and the general public. Registering with HPI helps companies to protect their financial interests in motor vehicles and a wide range of other mobile assets. HPI Checks give purchasers instant confirmation of whether vehicles are correctly described, known to be subject to outstanding finance or serious accident damage, or recorded as stolen or “clocked”.

‘HPI’ and the HPI logo are registered trademarks of HPI Limited.

(1)   All prices include VAT and are correct as of 2nd January 2015
(2)   Mileage Data is not covered by The HPI Guarantee
(3)   *The HPI Guarantee is subject to terms and conditions

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