Aug 282015

hpi - EU to Outlaw Mileage Correction FirmsCar buyers have to wait until 2018 before they are protected from criminal behaviour. HPI, provider of the HPI Check®, reports that dealers firmly back proposals by the EU to introduce legislation to outlaw mileage correction firms by May 2018. The findings of a survey to HPI’s dealer community reported that 71% support the EU decision.

A further 92% of those surveyed went on to declare that dealers, who are actively adjusting odometers without declaring the act to buyers, should be sought out and prosecuted. The rising support by used car traders to address the issue of clocking follows industry calls to the Government to regulate the registering of mileages adjustments, as well as introducing more mandated occurrences of when mileage information should be collected and recorded.

Neil Hodson, Managing Director for HPI, explains, “It’s clear from our survey, that most dealers are eager to see stricter measures be put in place to tackle clocking, beyond outlawing mileage correction firms. Interestingly, 93% of dealers we surveyed said they have never had cause to adjust or correct a car’s mileage, confirming that fraud is driving this activity. The risks to traders and consumers alike are significant. A dealer who unwittingly buys and sells on a clocked car could face hefty fines and prosecution, not to mention damaging their reputation.”

Sue Robinson of the RMI adds, “We completely agree that there is a need for legislation to tackle the issue of mileage adjustment, better known as ‘clocking’. This issue is detrimental to reputable vehicle dealers and consumers alike. The Government needs to send a clear message that this behaviour is unacceptable and legislation must be changed to prevent clocking.”

Concludes Neil Hodson: “Currently, criminals out to make a fast profit can hide behind the label of legitimacy that mileage correction firms provide. Closing these firms down will ultimately reduce the number of clocked vehicles on the UK’s roads, but the changes in law are some way off and more needs to be done now to send a clear message to fraudsters that the net is closing in on them.”

Aug 282015

Thousands of car buyers are switching to newer cars to take advantage of low cost PCP deals, reports motor trade bible Glass’s – but at the same time the used car market is exploding, with values and volumes rising, proving that older cars with Warranty Direct cover make sense.

We can disagree with the definition of Banger, which doesn’t have to be an old wreck, but can be a very tidy seven year old car to some.

Rupert Pontin, head of valuations at Glass’s, said: “We are seeing something interesting going on. Since the start of 2013, the number of cars over 10.5 years old being sold at auction has increased by around 50%. We believe this is because large numbers of buyers are selling their bangers and signing up to low-cost new and used car PCP deals to get behind the wheel of a newer model.

“However, instead of this flood of bangers entering the market leading to a collapse in values, they have actually increased quite substantially. The average auction price for a 10.5 year-plus car in January 2013 was £725 but in June of this year, it was £875. Enough new buyers are entering the market to soak up the extra volume and the banger market is actually in excellent health.

“Partially, this is as a result of improving economic conditions – more people are feeling confident about buying and running a car at the entry level – but also the quality of older cars on sale is improving all the time. We see many bangers going through auction in excellent condition at very reasonable prices and, for many people, they make extremely sensible purchases.”

We agree, get Warranty Direct cover and enjoy low cost motoring.

Aug 272015

mazda SuperbFamily cars only have to be spacious and reliable. Does the Mazda or Skoda offer anymore than that?

Why Buy?
The Mazda 6 is a good looking car, plus it has loads of room inside and for the enthusiast driver it is huge fun too. The Skoda Superb is rather more laid back majoring on masses of space and equipment and a range of versatile engines. It is all about comfort.

Which models?
The Mazda 6 is from 2007 and lasted two years with a decent specification especially if you go for the middle order TS or TS2. The 2008 Superb ran up until this year and hatchback has a huge range of engines to choose from and SE has plenty of kit despite not being top of the range.

Are they reliable?
Although Warranty Direct finds that the average repair cost is high for the Mazda the number of problem areas is restricted to a few key areas. The opposite is true of the Superb, but overall the indication is that the Japanese car will be the more durable.

How much do they cost?
The Mazda 6 starts at around £3000 and this would be a hard working ex-fleet car rising to around £7000. Around £3500 is the start for early cars rising to more than £20K for a model sold this year. £10K buys a tidy example.

Sum Up: Like we said at the beginning if you want a fun to drive car when not doing family duties you go for the Mazda 6 and if comfort and equipment is all you need then the Superb makes the perfect family car.

Mazda 6
Average Repair Cost: £473.15
Electrical: 29.27*
Axle/Suspension: 12.2%*
Engine: 136.59*
Warranty Direct Rating: Above Average to Good

* failure rate

Skoda Superb
Average Repair Cost: £341.02
Electrical: 25.93%*
Fuel System: 7.41%*
Engine: 40.74*
Warranty Direct Rating: Below Average

Aug 262015

kwikFit - £154m Cost of car owners’ neglect  pictureNew research has revealed that a fifth (20%) of car owners have skipped their car’s service or other maintenance and repairs over the last twelve months. Moreover, the study carried out for Kwik Fit revealed that many of these seven million drivers are well aware that their neglect will prove more costly in the long run.

Almost half (45%) of those neglecting their car’s servicing or maintenance said that they would be spending more as a result of the delays, with the additional bill for drivers totalling £153.9 million.

Londoners are more likely to have skipped maintenance than car owners anywhere else in the UK, with a third (33%) having done so in the past 12 months. In a clear warning to the capital’s second hand car-buyers, the most common reason given by London car owners for skipping maintenance or repairs is because they were planning to sell the car.

Conversely, car buyers may benefit from travelling to the south west to buy their next used car. Only 13% of the region’s car owners say they have skipped servicing or maintenance in the last year – with almost half (47%) of them saying they have done so because they are driving fewer miles.

Kwik Fit’s research found that the UK’s more experienced car owners clearly see the benefit of keeping on top of their car’s maintenance – amongst the over 65s only 8% have skipped servicing over the last year, compared to 40% of owners aged between 18-24.

Older drivers also have a greater appreciation of the cost of delaying work. Those over 65 who have skipped on servicing believe the delays add an average of £101.44 to their eventual bill, while those under 24 think the additional cost is only £41.

Across the UK as a whole, financial constraints are the most common reason cited by car owners for skipping servicing, followed by driving fewer miles – more reasons are given in the following table.

reasons table

Roger Griggs, communications director at Kwik Fit, believes more drivers should appreciate that neglecting maintenance can compromise safety as well as having a financial impact. He says: “This research clearly shows that delaying servicing or maintenance often ends up hitting drivers with a bigger bill in the long run. We are sure that car owners could have put that £150 million, which was needlessly spent, to much better use.

“The old adage of a stitch in time saves nine remains as true today as when our grandmothers first told it to us as children. However, it’s not just in the pocket where car owners can feel the impact of neglecting their car. Those looking after their car will find that it looks after them when they need it most, whether that’s starting first time in an emergency or gripping the road surface in bad weather.”